XRP Drops After Losing $1.15 Support; Trendline Persists

Market recap: XRP retreats on heavy selling

XRP slipped about 3.4% in the latest session, sliding from roughly $1.187 to $1.146 as sellers overwhelmed bids and pushed the token below the $1.15 support level. The decline came on unusually strong volume, confirming that the recent breakout above $1.20 failed to sustain upside momentum. For traders and investors following Ripple and the XRP market, the move reinforces a longer-term downtrend that has repeatedly capped rallies near $1.25.

News backdrop and broader context

The market remains sensitive both to technical price action and to ongoing developments in U.S. crypto legislation. While on-chain narratives and regulatory progress can influence sentiment, XRP price behavior continues to be dominated by chart structure — most notably a year-long symmetrical triangle compressing price between roughly $1.10 and $1.25.

Price action and volume

Over the 24-hour window, XRP fell from $1.1873 to a low near $1.1465, a 3.4% drop. The most aggressive selling materialized around 15:00 UTC, when traded volume surged to about 134.2 million XRP — approximately 170% above average — and decisively broke support at $1.1550. Buyers re-emerged near $1.13, producing a late-session bounce that brought prices back toward $1.15, but the recovery failed to reclaim the broken support level.

Technical analysis: what the charts say

The critical development is the loss of $1.15, a level that had acted as support after last week’s breakout and now risks flipping to resistance. XRP has faced repeated rejections at a descending trendline close to $1.25, marking that area as the primary resistance to monitor. Importantly, volume expanded on the selloff rather than during the rebound, signaling that sellers remain in control despite the modest late-session lift.

Key technical levels

• Immediate resistance to reclaim: $1.15
• Near-term support zone: $1.13–$1.14
• Major floor: ~$1.10
• Primary resistance cluster: $1.17–$1.25

What traders should watch next

Bulls need to regain $1.15 promptly to stabilize momentum and shift the short-term outlook. If sellers push below the $1.10 floor, downside risk increases and the triangle could resolve lower. Conversely, a decisive break above $1.25 and the long-running descending trendline would alter the narrative, suggesting a sustainable breakout and renewed bullish conviction. Until that scenario unfolds, most rallies are likely to be treated as resistance tests rather than the start of a new uptrend.