What’s next for Ripple-linked token as it plunges 10%

XRP reversed sharply after failing to sustain its rebound, with a high volume breakout at $1.36 accelerating the downward momentum.

News context

XRP fell alongside further weakness in the broader crypto market, but the decisive move was technical rather than headline-driven.
The token had seen a brief relief rally earlier in the week, only to stall below key resistance and reverse as sellers defended higher levels.
This breakdown extends XRP’s corrective pattern from its July 2025 high, reinforcing a streak of lower highs and failed recovery attempts.

The critical event was the sharp break below $1.36, which had served as short-term structural support.
Once lost, the bearish momentum accelerated, pushing the price towards $1.30 on outsized volume – a sign of forced selling rather than gradual distribution.
A covering bounce pushed XRP to $1.325, but the rally immediately stalled, forming a clear lower high and confirming that the broader downtrend remains intact. Former support between $1.36 and $1.37 now acts as resistance, while between $1.32 and $1.33 caps near-term recovery attempts.
On higher timeframes, XRP remains below key retracement levels, with $1.47 representing the next significant structural hurdle if buyers regain control.

Traders are wondering if $1.30 can provide a short-term floor.
If $1.30 stabilizes, XRP could consolidate before attempting another push towards $1.32 – $1.36. A recovery to $1.36 would be the first sign that the breakdown has been too extensive.
If $1.30 fails decisively, downside risk will shift to the $1.20 to $1.22 region, where longer-term demand is expected to emerge.
For now, momentum favors sellers, and any rebound is considered corrective until resistance levels are reclaimed.