Traders are watching $1.40 support after high-volume selling confirmed continued bearish structure.
$XRP fell 3.3 percent to $1.4108 after another failed attempt to break above the $1.43 to $1.45 resistance zone, with a late-session drop below $1.411 confirming short-term downside momentum.
Trading volume spiked 74 percent above average during the sell-off, underscoring that sellers remain in control even as spot ETFs and large on-chain wallets continue to add to XRP positions.
Analysts say the $1.40 support level is now pivotal, with a hold potentially setting up a move toward $1.45 and $1.55, while a breakdown could open the way to deeper support near $1.33 and possibly $1.00.
XRP moved lower after another rejection near resistance, with rising volume confirming sellers remain in control of the short-term trend.
News Background
XRP has struggled to regain momentum since its July 2025 peak, continuing to trade within a broader corrective structure. The token remains roughly 60% below that high as market participants debate whether the current consolidation represents accumulation or continuation of the downtrend.
Institutional positioning has offered mixed signals. Spot XRP $ETH have accumulated roughly $1.24 billion in inflows over the past four months, while on-chain data shows large wallets adding to positions during recent dips.
At the same time, derivatives activity has cooled significantly, with open interest declining sharply since late 2025 as leverage unwinds across crypto markets.
Ripple’s supply dynamics also remain steady. The company re-locked 700 million $XRP into escrow on March 1 as part of its routine supply management cycle.
