XRP Price Drops Below $1.20 After Breakout Rally Fails at Resistance

XRP fell about 4% after a short lived breakout rally stalled near the $1.22–$1.25 resistance zone, slipping back below the important $1.20 level during heavy selling pressure. The token briefly moved above $1.22 but failed to hold gains as sellers dominated the market.

Heavy Volume Triggers Breakdown in XRP Market Structure

During the session, XRP dropped from around $1.2170 to $1.1769, with a sharp spike in selling volume reaching over 128 million tokens, more than double normal levels. This selling wave pushed the price through the $1.20 support level, which had previously held after earlier breakout moves above $1.14 and $1.18.

Key XRP Levels to Watch

Immediate support remains near $1.1650, while $1.20 is now the first resistance. A move above $1.22–$1.25 is needed to restore bullish momentum, while a drop below $1.1750 could signal a deeper pullback toward $1.15.