XRP price fell below US$1.40 and extended losses toward US$1.330, entering a short-term bearish zone as it tracked declines in Bitcoin and Ethereum. The token dropped to US$1.380 and US$1.3650 before forming a low at US$1.330. It now trades below US$1.3650 and the 100-hour Simple Moving Average, while consolidating under the 23.6% Fibonacci retracement from US$1.4641 to US$1.330.
The decline accelerated after XRP failed to hold above US$1.40. Sellers pushed the price below US$1,350, confirming short-term weakness. As a result, the market shifted into consolidation near recent lows.
According to a recent NewsBTC report, XRP now faces immediate resistance near US$1.3620. The first major barrier stands at US$1.3810. Beyond that, US$1.4120 marks the 61.8% Fibonacci retracement of the move from US$1.4641 to US$1.330.
At the same time, a bearish trend line forms on the hourly chart with resistance at UA$1.4250. A close above that level could send XRP toward US$1.450. The next hurdles stand at US$1.4650 and US$1.50, followed by US$1.5250 and US$1.550 if bullish momentum builds.
On the downside, initial support appears near US$1.3320. Stronger support rests at US$1.3300. A decisive close below US$1.3300 could open the path toward US$1.3120 and then US$1.30. Further weakness may drive the price to US$1.2840.
Meanwhile, analyst Cypress Demanincor addressed the ongoing debate surrounding XRP’s direction. He identified the daily buy wall at US$1.3475 as a key level to monitor. According to him, this zone could determine short-term momentum.
He explained that if buyers defend US$1.3475 and absorb incoming sell pressure, momentum could shift toward the upside. In that case, trapping sellers may signal renewed control from buyers. He added that confirmation would require buyers to break previous sell walls and turn them into support.
He would look for buy scalp opportunities during the week, if that happens. The upside targets could then return XRP to the US$1.45–$US1.99 range. The shift would depend on sustained strength above key resistance zones.
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On the other hand, Demanincor outlined a bearish path if sellers break below US$1.3475 with conviction. He warned that it could trigger stop-loss orders and release additional liquidity into the market. This, in turn, could accelerate selling pressure.
He noted that aggressive sell momentum below US$1.34 would alter his short-term bias. The next major daily buy walls sit between US$1.27 and US$0.98.
Would buyers step in firmly at US$1.3475, or would sellers push XRP toward lower liquidity zones? For now, the token trades below key resistance levels as market participants watch the critical support band closely.
XRP price is still under pressure after falling below US$1.40 and testing support near US$1.34. Key resistance stands between US$1.3810 and US$1.4120, while analysts monitor the US$1.3475 buy wall. A decisive move above resistance or below support may define the next trend, so traders should watch these levels closely.