XRP Falls 3.4% After Breaking $1.15 Support

What to Know

• XRP fell 3.4% to about $1.15 after breaking below a key support level.
• Heavy selling volume surged roughly 170% above average around 15:00 UTC.
• Buyers appeared near $1.13, but XRP failed to reclaim $1.15 by the close.
• Traders say $1.15 is now the first hurdle for bulls.
• Support is seen between $1.13 and $1.10, while resistance sits from $1.17 to $1.25.
• XRP continues to trade inside a year-long symmetrical triangle pattern.

Support Break Triggers Fresh Selling

XRP extended its weak stretch as sellers pushed the token down 3.4% to roughly $1.15, a move that confirmed a break below a closely watched support zone. The decline came after another unsuccessful attempt to push through a long-running descending trendline near $1.25.

Trading activity accelerated sharply during the drop, with volume climbing about 170% above the average around 15:00 UTC. While buyers stepped in near $1.13, they were unable to drive the price back above the broken $1.15 level before the session ended.

Traders Watch a Tightening Range

The latest move leaves $1.15 acting as the first major test for any recovery attempt. If bulls can recapture that level, short-term sentiment could improve, but failure to do so keeps the market under pressure.

For now, traders are focused on support between $1.13 and $1.10, with resistance layered from $1.17 through $1.25. The broader setup still resembles a year-long symmetrical triangle, suggesting XRP remains coiled within a narrowing range until price breaks decisively in either direction.

Frequently Asked Questions (FAQs)

Why did XRP fall?

XRP fell after losing the $1.15 support level amid a spike in selling volume and repeated rejection near the $1.25 trendline.

What support levels are traders watching?

Traders are monitoring support between $1.13 and $1.10, with $1.15 now viewed as the first level bulls need to reclaim.

What resistance levels matter next?

Resistance is stacked from $1.17 to $1.25, where XRP has repeatedly struggled to build momentum.

What chart pattern is XRP trading in?

XRP is still moving within a year-long symmetrical triangle, a pattern that often precedes a larger breakout once support or resistance gives way.

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