XRP slides 3% on break under $1.44 with BTC softness capping recovery

XRP extended its decline after another failed recovery, with strong selling pressure pushing the token back toward a critical support zone near $1.40.

News Background

• XRP continues to trade within a broader correction that began after its mid-2025 peak, with each rally struggling to gain follow-through.
• The latest drop follows a brief rebound in mid-March that stalled below $1.60, reinforcing a consistent pattern of lower highs.
• Broader macro conditions remain a headwind, as crypto markets tread cautiously following the Federal Reserve’s latest policy stance. XRP’s price action remains largely driven by technical factors, with traders focused on whether support can hold.

Price Action Summary

• XRP fell from $1.4457 to $1.4079, a decline of roughly 2.6%
• The token traded sideways around $1.44–$1.45 before breaking lower late in the session
• Selling pressure intensified alongside a volume spike exceeding three times the daily average
• Price stabilized near $1.40 after printing a session low around $1.4018

Technical Analysis

• The key trigger was the break below $1.44 support late in the session, which led to a sharp sell-off on elevated volume—indicating aggressive selling activity.
• Short-term structure remains weak, with XRP continuing to form lower highs. Recent rebound attempts have consistently failed below $1.60, keeping the broader downtrend intact.
• The $1.40 level is now serving as immediate support, with buyers stepping in after the drop. However, price remains below prior support levels that have flipped into resistance.
• On higher timeframes, XRP is still trading within a descending channel that has been in place since mid-2025, suggesting rallies remain corrective unless key resistance levels are reclaimed.

What Traders Are Watching Next

• Traders are closely watching whether XRP can maintain support above $1.40.
• A sustained hold could lead to consolidation and a potential retest of $1.44–$1.45, with a broader move toward $1.55–$1.60 needed to shift momentum.
• A breakdown below $1.40 would open the door to further downside toward the $1.30–$1.32 range, where support is weaker and prior demand has been limited.

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