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XRP falls to $1.38 after breaking below $1.40 on rising selling pressure
High-volume move flips support into resistance, leaving price stuck at a key decision level.
Apr 29, 2026, 4:52 a.m.
What to know:
- XRP has broken below the long-held $1.40 support level on strong selling volume, turning that price area into resistance.
- The token is now consolidating just under $1.40 after a sharp drop from $1.40 to $1.38, with only shallow rebound attempts so far.
- Traders are watching $1.40 as the key level to reclaim and $1.37 as the next support, with a break lower opening room toward the $1.32–$1.28 zone.
• XRP continues to unwind after a long consolidation phase, with the recent move marking the first clean break below its range floor.
Price Action Summary
• XRP dropped from $1.40 to $1.38, breaking below a key support level that had held through the range.
• The move was driven by a clear spike in selling activity rather than gradual drift.
• Price is now holding just below $1.40, consolidating after the breakdown instead of bouncing back.
