XRP Falls Below $1.40 Support as Bearish Momentum Strengthens

XRP dropped about 4%, sliding from $1.44 to $1.38 after breaking decisively below the $1.40 support level on strong trading volume. The move marked a significant structural shift, as the level had previously held firm for weeks. Once lost, the former support quickly turned into resistance, creating a critical pivot zone for short-term price direction.

The breakdown occurred with a sharp increase in participation, confirming that the move was driven by sustained selling pressure rather than temporary volatility.

XRP Technical Outlook Points to Lower Support Levels

The decline also resolved a multi-month triangle pattern to the downside, removing the consolidation structure that had supported price stability. Rising Bitcoin dominance near 60% has contributed to reduced demand for altcoins, adding further pressure on XRP’s performance.

As long as XRP remains below $1.40, sellers are expected to maintain control. The next key downside level sits near $1.37, and losing that support could expose the market to deeper losses toward approximately $1.31. Reclaiming $1.40 with strong volume would be required to challenge the current bearish trend.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.