XRP Price Slides Toward $1.40 After Resistance Rejection as Bearish Momentum Builds

XRP price moved lower after another clear rejection near a key resistance zone, with rising trading volume confirming that sellers remain in control of the short-term trend. The cryptocurrency declined roughly 3.3%, falling from $1.4588 to $1.4108 as bearish pressure intensified during the latest trading session.

The recent move continues XRP’s broader corrective phase that has persisted since its peak in July 2025. The token is still trading nearly 60% below that high, leaving traders divided on whether the current consolidation represents long-term accumulation or simply a continuation of the downtrend.

Despite weak price performance, institutional interest has shown mixed signals. Spot XRP exchange-traded funds have attracted approximately $1.24 billion in inflows over the past four months, suggesting continued interest from larger investors. On-chain data also indicates that large wallets have been accumulating XRP during recent price dips. However, derivatives market activity tells a different story. Open interest has dropped sharply since late 2025, signaling that leveraged positions across the crypto market are being reduced.

Ripple’s supply management strategy remains unchanged. On March 1, the company re-locked 700 million XRP into escrow as part of its regular monthly release and lockup cycle, maintaining predictable supply dynamics for the market.

From a technical perspective, XRP repeatedly failed to sustain price action above the $1.43–$1.45 resistance range. This rejection reinforced the existing descending channel pattern and produced a sequence of lower highs. Selling pressure increased significantly during the main decline, with trading volume surging about 74% above the average level.

Once the $1.411 support level broke on high volume, downside momentum accelerated and pushed XRP closer to the psychological $1.40 support area. As long as the price remains below the previous support zone, short-term market structure continues to favor sellers.

Even with this weakness, the broader chart pattern suggests compression between downward resistance and gradually rising support. This setup resembles a potential triangle formation that may be approaching its apex, a structure that often precedes a larger directional breakout.

Traders are now closely monitoring whether XRP can hold above the $1.40 level. If support stabilizes, the cryptocurrency could consolidate before attempting another move toward $1.45 and eventually $1.55. Analysts note that reclaiming $1.55 would be the first sign that the broader bearish structure is weakening.

On the downside, a decisive break below $1.40 could open the door for further losses, with the next significant support level around $1.33. If selling pressure accelerates across the crypto market, some analysts warn that XRP could eventually revisit the $1.00 region as part of a deeper reset in the longer-term trend.