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XRP Slips to $1.40 After $1.44 Break on Heavy Selling

Cautious sentiment tied to Federal Reserve policy with bitcoin weakness keeps attention on a potential break toward $1.30.

Overview

  • XRP fell roughly 2.6–3% after a late-session drop through $1.44, with trading volume surging to more than three times the daily average.
  • The token remains in a corrective downtrend dating to mid-2025, with rebound attempts stalling below the $1.55–$1.60 zone.
  • Price stabilized near $1.4018 as traders watch $1.40 support, with short‑term levels flagged at $1.452 resistance, $1.4236 support, and a $1.387 range floor.
  • Holding $1.40 could allow consolidation and a retest of $1.44–$1.45, while a clear break lower would open risk toward $1.30–$1.32.
  • Reporting highlights steady retail participation versus cautious institutions, Binance reserves near $2.79 billion per CryptoQuant, and an estimated market cap around $86 billion.