XRP edged lower after a technical breakdown earlier in the session, with buyers now attempting to stabilize price near the $1.35 support area. XRP has remained under pressure in recent sessions as the token trades within a broader corrective structure that has persisted since late February. Price action has largely been driven by technical positioning rather than new catalysts, with traders focusing on key support and resistance levels as the market consolidates.
XRP slipped from $1.3666 to $1.3554 over the 24-hour session. The token traded within a relatively tight 1.9% range. A sharp volume spike drove price briefly down to $1.3473.
Price later recovered toward $1.35–$1.36 as buyers stepped in. The most notable move occurred when XRP briefly broke down toward $1.347 during a surge in trading volume, confirming selling pressure below the $1.36 area. That move reinforced $1.36–$1.37 as a short-term resistance zone after repeated rejection attempts.
Despite the breakdown, buyers quickly defended the $1.35 region, triggering a modest rebound and forming a sequence of higher lows on shorter timeframes. This suggests dip demand remains active even as the broader trend remains weak. Price is now compressing between support near $1.35 and resistance around $1.36–$1.37, a tightening range that often precedes a directional move once liquidity builds.
If the level holds, the token may continue consolidating before attempting another push toward $1.36–$1.37 resistance, where a breakout could reopen upside toward the $1.40 region. A decisive break below $1.35 would shift attention toward deeper support near $1.30–$1.32, signaling the corrective trend may extend further.
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