XRP Cracks Under Pressure as a $1.40 Breakdown Hands Control to Sellers

XRP’s price (XRP-USD) is struggling today, as the token finally fell through its long-standing floor of $1.40. This move was an aggressive exit driven by a massive spike in trading volume rather than a slow drift. Investors are watching closely as the currency that once defended its position for weeks begins to look much more vulnerable to the downside.

XRP Sellers Managed a High-Volume Exit

The fall from $1.44 to $1.39 happened fast because a huge number of traders decided to sell at once. For weeks, buyers held the $1.40 line as a safe floor. Now that the price is underneath it, that same level acts as a ceiling that is hard to push through.

Unless the price jumps back over $1.40 very soon, the people selling remain the ones in charge of the trend. This shift in momentum turns what used to be a point of safety into a major obstacle for any future rally.

XRP’s Technical Patterns Signal a Deeper Drop

For months, the price of XRP moved in a tight triangle shape, getting smaller and smaller as the market waited for a big move. Many traders hoped the price would jump higher, but the recent breakdown resolved that pattern to the downside.

This move ended the waiting game and confirmed that the momentum has shifted toward lower prices. With the triangle support now gone, the next important levels to watch for a potential floor are $1.37 and $1.31.

Bitcoin Dominance Drains the Altcoin Market

One major reason for this slip is that Bitcoin (BTC-USD) is hogging the attention of the entire market. Bitcoin now controls about 60% of all the money in crypto, which means capital is flowing out of smaller tokens and back into the leader. This rotation makes it very difficult for XRP to find new buyers. Investors are usually focused on owning the most dominant and liquid part of the market to avoid the risks found in smaller tokens.

At the time of writing, XRP’s price is sitting around $1.39.