XRP tumbles below $1.33 as $1.35 flips to resistance
XRP saw a sudden sell-off in the later hours, dropping from around $1.36 to below $1.33. The breakdown accelerated after XRP breached $1.35, which then flipped from support to resistance. Sell volume surged during the fall, while buy interest faded.
Bulls failed to reclaim the key level after the dip, suggesting the market structure has turned more bearish. Traders should watch XRP’s $1.35 pivot for stabilization. If XRP cannot hold $1.33, downside risk points to the $1.32–$1.31 demand area.
On the upside, the $1.40–$1.41 zone has repeatedly capped rebounds and remains major resistance. Volatility appears to be easing, but weak momentum raises the odds of another decisive move in the next sessions—either a floor near $1.33 or continued seller control.
Bearish
The latest update emphasizes confirmation of the breakdown: XRP lost $1.35 and that level flipped to resistance, with heavier sell volume and fading buy interest. That combination typically strengthens short-term downside pressure.
In the near term, the key trigger is whether XRP can reclaim and hold back above $1.35. Failure keeps bearish market structure intact and raises the risk of a continuation move toward $1.32–$1.31 if $1.33 breaks.
For the longer view, the articles note volatility compression but still describe distribution-dominant conditions and weak momentum. That setup more often leads to another decisive directional move rather than a clean reversal, so traders should treat any rebounds into $1.40–$1.41 as potential sell opportunities until XRP proves it can sustain above resistance.