XRP slips below $1.40 on heavy volume, tightening range puts breakout in focus
CoinDesk
XRP dropped below $1.40 on high volume but has since entered a narrow consolidation range, signaling a potential upcoming breakout.Summary
XRP recently fell below the $1.40 support level amid a surge in trading volume, shifting the market's immediate technical outlook. Despite the decline, the price has stabilized within a tight range between $1.38 and $1.41, indicating reduced selling pressure as traders await a decisive move. Market participants are now closely monitoring $1.40 as a key pivot point, with a reclaim likely to favor the upside, while a breach of the $1.38 support could lead to further declines toward $1.34.
(Source：CoinDesk)