XRP moved lower after another rejection near resistance, with increasing volume confirming that sellers remain in control of the short-term trend.
News background
- XRP has struggled to regain momentum since its July 2025 peak, and continues to trade within a broader corrective structure. The token remains roughly 60% below that high as market participants debate whether the current consolidation represents an accumulation or a continuation of the downtrend.
- The institutional positioning has offered contradictory signals. XRP spot ETFs have accumulated approximately $1.24 billion in inflows over the past four months, while on-chain data shows large wallets adding to positions during the recent declines.
- At the same time, derivatives activity has cooled significantly, with open interest declining sharply since late 2025 as leverage reduces in crypto markets.
- Ripple’s supply dynamics also remain stable. The company re-locked 700 million XRP in escrow on March 1 as part of its routine supply management cycle.
Price Action Summary
- XRP fell 3.3%, falling from $1.4588 to $1.4108
- The price failed to stay above the resistance zone between $1.43 and $1.45 repeatedly
- Volume increased 74% above average during the main sell-off
- A late session break below $1,411 confirmed bearish momentum
Technical analysis
- The key technical event was the rejection of the $1.43 to $1.45 resistance band, which triggered a sequence of lower highs and reinforced the prevailing descending channel structure.
- Once the support at $1.411 gave way on high volume, the bearish momentum accelerated, pushing XRP towards the $1.40 area. The short-term structure now favors sellers as the price remains below the previous support zone.
- Despite the weakness, the broader chart shows a squeeze forming between downside resistance and ascending support, with a possible triangular structure nearing its apex. This suggests that the market may be approaching a larger directional move once the current consolidation resolves.
- Key levels are now clustered around support at $1.40 and resistance at $1.43 to $1.45.
What do traders say will be next?
- Traders are closely watching whether XRP can stabilize above $1.40.
- Holding this level could allow the token to consolidate before attempting another move towards $1.45 and eventually $1.55, which analysts see as the first level that would weaken the broader bearish structure.
- However, a break below $1.40 would likely shift the focus towards deeper support around $1.33, with some analysts pointing to the $1.00 area as a potential long-term reset zone if selling pressure accelerates.
