XRP price news: Ripple-linked token falls 3% after losing $1.15 support
XRP SLIPS 3% AS $1.15 SUPPORT CRUMBLES, BREAKOUT ATTEMPT COLLAPSES
XRP shed approximately 3% after failing to hold the critical $1.15 support level, as heavy selling pressure overwhelmed buyers and sent the Ripple-linked token into a renewed leg lower. The breakdown marks another failed rally attempt in a persistent downtrend that has repeatedly run into a ceiling near $1.25, signaling that bulls have yet to establish meaningful control of price action. For broader crypto markets, XRP's inability to sustain a breakout adds to a cautious technical backdrop at a time when investor appetite for altcoin risk remains fragile.
What analysts are saying: With $1.15 now flipped from support to resistance, technical analysts warn that XRP could face further selling pressure toward lower demand zones unless buying volume returns with conviction. Until the token can reclaim and close above the $1.25 range on elevated volume, the path of least resistance remains to the downside.
This is general information and commentary only. Not personal financial advice. Always consult a qualified financial professional before making investment decisions.