XRP falls to $1.38 after breaking below $1.40 on rising selling pressure
XRP dropped to $1.38 after breaking below the key $1.40 support level on high selling volume, turning the former support into resistance. The move marks a shift in market structure following a prolonged consolidation phase. Price is now consolidating just below $1.40 with weak rebound attempts, indicating limited buyer conviction. Traders are watching $1.40 for a potential reclaim and $1.37 as the next support level.
- ▪XRP broke below the $1.40 support level on strong selling volume, flipping it to resistance.
- ▪The drop to $1.38 followed a sharp, high-volume move rather than a gradual decline.
- ▪Bitcoin's rising dominance is pulling capital away from altcoins, reducing demand for XRP.
- ▪The next support level is at $1.37, with a break potentially opening the door to $1.32–$1.28.
- ▪Shallow rebounds suggest buyers are not stepping in aggressively to defend the current price.
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MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailXRP falls to $1.38 after breaking below $1.40 on rising selling pressureHigh-volume move flips support into resistance, leaving price stuck at a key decision level.By Shaurya Malwa Apr 29, 2026, 4:52 a.m. Make preferred on What to know: XRP has broken below the long-held $1.40 support level on strong selling volume, turning that price area into resistance.The token is now consolidating just under $1.40 after a sharp drop from $1.40 to $1.38, with only shallow rebound attempts so far.Traders are watching $1.40 as the key level to reclaim and $1.37 as the next support, with a break lower opening room toward the $1.32–$1.28 zone.XRP lost $1.40, and it didn’t happen quietly.
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