XRP Drops Toward $1.40 as Bears Maintain Control
XRP slipped after facing another rejection near resistance, with high-volume selling confirming that short-term bearish momentum remains intact. Traders are now eyeing the $1.40 support level.
Market Overview
Since its July 2025 peak, XRP has struggled to regain upward momentum and continues to trade within a broader corrective range, roughly 60% below its all-time high. Market sentiment remains split on whether the current consolidation reflects accumulation or a continuation of the downtrend.
Institutional activity has been mixed. U.S.-listed spot XRP ETFs have pulled in around $1.24 billion in inflows over the past four months, while on-chain data shows large holders adding positions during recent dips. Meanwhile, derivatives activity has cooled, with open interest declining sharply since late 2025 as leverage unwinds. Ripple’s supply management remains steady, with 700 million XRP re-locked into escrow on March 1 as part of routine operations.
Price Action Highlights
- XRP fell 3.3%, from $1.4588 to $1.4108
- $1.43–$1.45 resistance zone capped gains
- Trading volume spiked 74% above average during the selloff
- Breach of $1.411 confirmed downside momentum
Technical Analysis
The rejection from the $1.43–$1.45 resistance zone triggered a series of lower highs, reinforcing the descending channel structure. The break below $1.411 on elevated volume accelerated the move toward $1.40, keeping short-term momentum in favor of sellers. However, the broader chart shows a triangle-like compression forming between downward resistance and rising support, suggesting a potentially decisive directional move once consolidation resolves. Key levels to watch remain $1.40 support and $1.43–$1.45 resistance.
Traders’ Focus
Market participants are closely monitoring whether XRP can stabilize above $1.40. Holding this level could allow the token to consolidate before challenging $1.45 and potentially $1.55, which analysts consider the first level that could weaken the prevailing bearish trend. Conversely, a break below $1.40 could shift attention to support around $1.33, with the $1.00 zone flagged as a longer-term reset if selling pressure intensifies.
