XRP fell after another failed recovery attempt, with high-volume selling pushing the token back towards key support near $1.40.
News context
- XRP remains stuck in a broader corrective phase that has persisted since its mid-2025 peak, with rallies consistently failing to follow through.
- The latest pullback comes after a brief rebound in mid-March stayed below $1.60, reinforcing the trend toward lower highs that has defined price action in recent months.
- Macroeconomic conditions continue to weigh on sentiment, with cryptocurrency markets trading cautiously following the Federal Reserve’s latest policy. XRP’s structure remains largely technical, with traders focused on whether the token can stabilize or continue falling within its established range.
Price Action Summary
- XRP fell from $1.4457 to $1.4079, down about 2.6%
- The price traded between $1.44 and $1.45 before falling late in the session.
- Sales accelerated with peak volume more than 3 times higher than the daily average
- The token stabilized near $1.40 after hitting a low around $1.4018.
Technical analysis
- The key move was the late session break below $1.44 support, which triggered a sharp decline in high volume – a sign of active selling rather than passive drift.
- The short-term structure remains weak. XRP continues to make lower highs and recent recovery attempts are stuck below $1.60, keeping the broader downtrend intact.
- The $1.40 area now provides immediate support as buyers step in after the breakdown. A slight rebound has formed, but the price remains below previous support levels which have now turned into resistance.
- On longer time frames, XRP is still trading within a descending channel that has guided prices since mid-2025, reinforcing the idea that rallies are corrective unless key resistance levels are reclaimed.
What do traders think is next?
- Traders are wondering if XRP can hold above $1.40.
- If support stabilizes, the token could consolidate before attempting another move towards $1.44-1.45, with a broader test near $1.55-1.60 needed to change momentum.
- If $1.40 breaks, downside risk will open towards the $1.30-$1.32 area, where weaker support lies and previous moves have not generated strong buyer interest.
