XRP fell lower after another failed recovery attempt, with high-volume selling pushing the token back towards key support near $1.40.
News background
- XRP remains stuck in a broader corrective phase that has lasted since the mid-2025 peak, with rallies that have consistently failed to generate follow-through.
- The latest pullback comes after a brief rally in mid-March that has stalled below $1.60, reinforcing the pattern of lower highs that has defined price action in recent months.
- Macro conditions continue to weigh on sentiment, with crypto markets trading cautiously following the Federal Reserve’s latest policy stance. XRP’s structure remains largely technical, with traders focused on whether the token can stabilize or continue to drift lower within its established range.
Summary of price action
- XRP fell from $1.4457 to $1.4079, down about 2.6%
- The price traded near $1.44-$1.45 before collapsing late in the session
- Sales accelerated with a volume increase of more than 3 times the daily average
- The token stabilized near $1.40 after setting a low around $1.4018
Technical Analysis
- The key move was the late-session break below $1.44 support, which triggered a sharp decline on elevated volume – a sign of active selling rather than passive drift.
- The short-term structure remains weak. XRP continues to form lower highs and recent recovery attempts have stalled below $1.60, keeping the broader downtrend intact.
- The $1.40 area now acts as immediate support, with buyers stepping in after the breakdown. A minor bounce has formed, but the price remains below previous support levels that have now turned into resistance.
- On higher timeframes, XRP is still trading within a descending channel that has guided the price since mid-2025, reinforcing the idea that rallies are corrective unless key resistance levels are regained.
What do traders say is next?
- Traders are focused on whether XRP can hold above $1.40.
- If support stabilizes, the token could consolidate before attempting another move towards $1.44-$1.45, with a wider test near $1.55-$1.60 needed to shift momentum.
- If $1.40 breaks, downside risk opens up towards the $1.30-$1.32 zone, where weaker support lies and previous moves have lacked strong buying interest.
