XRP price: What next as Ripple-linked token break below $1.40 signals downside risk
CoinDesk
XRP dropped 3.7% below the key $1.40 support, signaling renewed downside risk toward the $1.30 zone.Summary
XRP has fallen approximately 3.7% to trade below the critical $1.40 support level, indicating sustained selling pressure as recovery attempts have failed. The token is currently consolidating within a descending channel between $1.38 and $1.42, with the $1.40–$1.41 zone now acting as immediate resistance. This technical breakdown confirms a loss of short-term structure, aligning with broader crypto weakness, although spot ETF flows show only modest institutional interest. Traders are closely watching if the $1.38–$1.40 range can hold; a decisive break below $1.38 would likely expose the thinner support zone around $1.30–$1.32, accelerating potential downside.
(Source：CoinDesk)