XRP falls 3% as breakdown below $1.44 and bitcoin weakness caps recovery

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP falls 3% as breakdown below $1.44 and bitcoin weakness caps recovery Traders are watching support near $1.40 as repeated failures below $1.60 reinforce broader downtrend. By Shaurya Malwa Mar 22, 2026, 6:47 a.m. Make us preferred on Google What to know : XRP fell about 2.6 percent to roughly $1.41 after a late-session break below $1.44 support, with selling volume more than triple the daily average. The token remains locked in a broader downtrend marked by lower highs since mid-2025, with recent rebound attempts failing below the $1.55 to $1.60 area. Traders are watching whether XRP can hold the $1.40 support zone, as a breakdown could expose downside toward $1.30 to $1.32, while stability may allow a consolidation and retest of $1.44 to $1.45. XRP slipped lower after another failed recovery attempt, with high-volume selling pushing the token back toward key support near $1.40. News Background XRP remains stuck in a broader corrective phase that has persisted since its mid-2025 peak, with rallies consistently failing to build follow-through. The latest pullback comes after a brief mid-March rebound stalled below $1.60, reinforcing the pattern of lower highs that has defined price action in recent months. Macro conditions continue to weigh on sentiment, with crypto markets trading cautiously following the Federal Reserve’s latest policy stance. XRP’s structure remains largely technical, with traders focused on whether the token can stabilize or continue drifting lower within its established range. Price Action Summary XRP fell from $1.4457 to $1.4079, down roughly 2.6% Price traded near $1.44–$1.45 before breaking down late in the session Selling accelerated on a volume spike more than 3x the daily average The token stabilized near $1.40 after setting a low around $1.4018 Technical Analysis The key move was the late-session break below $1.44 support, which triggered a sharp drop on elevated volume — a sign of active selling rather than passive drift. Short-term structure remains weak. XRP continues to form lower highs, and recent recovery attempts have stalled below $1.60, keeping the broader downtrend intact. The $1.40 area is now acting as immediate support, with buyers stepping in after the breakdown. A minor bounce has formed, but price remains below prior support levels that have now turned into resistance. On higher timeframes, XRP is still trading within a descending channel that has guided price since mid-2025, reinforcing the idea that rallies are corrective unless key resistance levels are reclaimed. What traders say is next? Traders are focused on whether XRP can hold above $1.40. If support stabilizes, the token may consolidate before attempting another move toward $1.44–$1.45, with a broader test near $1.55–$1.60 needed to shift momentum. If $1.40 breaks, downside risk opens toward the $1.30–$1.32 zone, where weaker support lies and previous moves have lacked strong buyer interest. More For You Bitcoin miners are losing $19,000 on every BTC produced as difficulty drops 7.8% By Shaurya Malwa 22 minutes ago The average production cost was sitting at $88,000 per bitcoin in mid-March, according to Checkonchain's difficulty regression model. What to know : Bitcoin miners are operating at steep losses, with average production costs around $88,000 per coin versus a market price near $69,200, as rising energy prices and war-related disruptions squeeze margins. Geopolitical tensions in the Middle East, including oil above $100 and the effective closure of the Strait of Hormuz, are driving up electricity costs and contributing to falling hashrate, slower block times, and sharp drops in network difficulty. Strained mining economics are forcing miners to sell more bitcoin and push into AI and high-performance computing for steadier revenue, adding pressure to a market already weighed down by underwater holders and heavy leverage. 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