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

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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. 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 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...

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