XRP Drops 3% as $1.15 Support Breaks and Rally Fizzles

Heavy selling pressure dragged XRP back below a key support area, strengthening a broader downtrend that has repeatedly capped upside moves near $1.25.

XRP gave up more of last week’s gains on Wednesday after sellers forced the token through the $1.15 level, which had been closely watched following its earlier push above $1.20.

The move came on some of the heaviest trading volume of the session and followed yet another rejection beneath a declining trendline that has consistently blocked recovery attempts for several months.

Market context

XRP continues to trade between improving regulatory expectations in the US and a market structure still dominated by technical resistance levels.
Traders are also focusing on a year-long symmetrical triangle pattern, with price compressing between support near $1.10 and resistance around $1.25.

Price action

XRP dropped from $1.1873 to $1.1465 over the 24-hour period, a decline of about 3.4%.
The most aggressive selling hit around 15:00 UTC, when volume spiked to 134.2 million XRP—around 170% above average—breaking through $1.1550 support.
Buyers later stepped in near $1.13, lifting price back toward $1.15, but the recovery failed to reclaim lost support.

Technical picture

The break of $1.15 is the key development, as that level had recently acted as support and now risks flipping into resistance.
Repeated failures below the descending trendline near $1.25 continue to reinforce it as a major ceiling for price action.
Volume patterns favored the downside move, suggesting sellers maintained control even during the late rebound.
Overall structure still reflects a tightening range between roughly $1.10 and $1.25, with price compressing toward the apex of a longer-term triangle.

Levels to watch

Immediate resistance: $1.15, which bulls must reclaim to regain short-term stability
Support: $1.13–$1.14, followed by stronger support near $1.10
Overhead resistance: $1.17 to $1.25, where multiple rallies have previously stalled
A breakout above $1.25 would shift the broader trend outlook, while failure to do so keeps rallies vulnerable to being sold into.