What next as XRP drops 3% under $1.40 on strong selling

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email What next as XRP drops 3% under $1.40 on strong selling High-volume breakdown confirms sellers in control, with failed support turning into a key pivot as downside targets come into focus. By Shaurya Malwa Apr 28, 2026, 5:35 a.m. Make preferred on What to know : XRP has broken decisively below the key $1.40 support on high volume, turning that level into resistance unless it is quickly reclaimed. The breakdown resolves a multi-month triangle pattern to the downside, as rising Bitcoin dominance draws capital away from altcoins like XRP. As long as XRP trades below $1.40, sellers are in control, with $1.37 and then roughly $1.31 as the next important downside levels to watch. XRP finally gave way at $1.40, and the way it broke matters more than the move itself. This wasn’t a slow drift lower. It was a high-volume push that cleared a level buyers had defended for weeks. Once that kind of support goes, it usually doesn’t snap back quickly. It tends to flip, and that’s exactly the test now. News Background • Bitcoin dominance pushed toward 60%, reinforcing a rotation out of altcoins and limiting follow-through demand for XRP. • The multi-month triangle structure that had been compressing price finally resolved, with the move breaking lower instead of triggering the expected upside expansion. Price Action Summary • XRP dropped from $1.44 to $1.39, breaking cleanly through the $1.40 support zone. • The move was driven by a sharp spike in participation, not thin liquidity. • Price is now stabilizing just below the breakdown level, trading in a tight $1.39–$1.40 range. Technical Analysis • The key shift is structural. $1.40 was support, now it’s resistance unless reclaimed quickly. • Volume expanding into the breakdown confirms real selling pressure, not just positioning noise. • The triangle pattern that held price for weeks has resolved lower, removing the compression support. • Short-term bounces are showing up, but they’re reactive, not strong enough to reverse the move yet. What traders should watch • $1.40 is now the pivot. Reclaim it with volume, and the breakdown starts to look like a fakeout. • $1.37 is the next downside level. Losing that opens the path toward deeper support near $1.31. • If price keeps holding below $1.40, sellers stay in control and rallies are likely to get sold. More For You Bitcoin loses $77,000, ether, solana slide as Hormuz standoff lifts oil to 3-week high By Shaurya Malwa 12 minutes ago Bitcoin traded at $76,923 on Tuesday morning, down 2.4% over 24 hours after rejecting $79,400 the previous day, with the entire top 10 closing red as Brent crude extended its rally to a seventh straight day. What to know : Bitcoin has been rejected near $79,000 three times in eight sessions, leaving the level as the de facto ceiling of its current trading range even as major cryptocurrencies trade lower over the past day. Analysts are split on whether the latest rally is driven by renewed spot demand from retail... Read full story Latest Crypto News Bitcoin loses $77,000, ether, solana slide as Hormuz standoff lifts oil to 3-week high 12 minutes ago Bitcoin pressured by Fed uncertainty, oil, and AI slowdown 53 minutes ago Industry leaders are pouring hundreds of millions into a rescue plan for Aave users after massive crypto hack 7 hours ago Bitcoin rally shows signs of fatigue as key indicators turn bearish 8 hours ago Western Union eyeing stablecoin launch to settle global transactions without SWIFT, CEO says 8 hours ago MARA Holdings targets bitcoin quantum threat and network resilience with new foundation 11 hours ago Top Stories Bitcoin pulls back to $76,600 as rising oil price and Iran risks stall the rally 12 hours ago Bitmine buys $236 million in ether as Tom Lee touts ETH as 'wartime store of value' 16 hours ago A long-time developer wants to split Bitcoin blockchain and reassign Satoshi coins. The community is calling it a theft 22 hours ago Michael Saylor’s Strategy buys 3,273 bitcoin as it inches closer to its 1 million target 15 hours ago Bitcoin is climbing on thin volume, leaving rally vulnerable to macro shock 13 hours ago Bitcoin funds take in $933 million as crypto ETFs hit highest AUM since February 17 hours ago