XRP fell after another failed recovery attempt, with high volume sales pushing the token back towards key support near $1.40.
News background
- XRP remains stuck in a broader corrective phase that has persisted since its peak in mid-2025, with rallies consistently failing to gain follow-through.
- The latest pullback comes after a brief bounce in mid-March that stalled below $1.60, reinforcing the pattern of lower highs that has defined the price action in recent months.
- Macroeconomic conditions continue to weigh on sentiment, with crypto markets trading cautiously following the Federal Reserve’s latest policy stance. XRP’s structure remains largely technical, with traders focusing on whether the token can stabilize or continue to decline within its set 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 breaking lower late in the session.
- Sales accelerated with volume increase more than 3 times the daily average
- The token stabilized near $1.40 after setting a low around $1.4018.
Technical analysis
- The key move was the late-session break below the $1.44 support, which triggered a sharp drop on high volume, an active sell signal rather than passive drift.
- The short-term structure remains weak. XRP continues to form lower highs and recent recovery attempts have stalled below $1.60, keeping the broader downtrend intact.
- The $1.40 area now acts as immediate support, with buyers stepping in after the breakdown. A minor bounce has formed, but the price remains below previous support levels that have now turned into resistance.
- On higher timeframes, XRP is still trading within a descending channel that has guided the price since mid-2025, reinforcing the idea that rallies are corrective unless key resistance levels are recovered.
What do traders say will be next?
- Traders are focused on whether XRP can sustain above $1.40.
- If support stabilizes, the token may consolidate before attempting another move towards $1.44-1.45, with a broader test near $1.55-1.60 needed to shift momentum.
- If the $1.40 level is broken, it opens a downside risk towards the $1.30 to $1.32 area, where weaker support is found and previous moves have lacked strong buyer interest.
