Look, XRP has dropped significantly in recent days. The token fell below the $1.36 mark, which greatly accelerated selling pressure. It dropped from $1.42 to $1.30, roughly a 9% decrease, and the volume was extraordinary – it increased more than 170% above average. What draws attention is that an attempt to recover to $1.33 was quickly rejected. Now that previous support at $1.36 has turned into resistance, and it remains below that level. Technical analysts are watching whether $1,30 can hold as a short-term floor because if it cedes, there’s room to drop to $1.20–$1.22. For now, it remains below the key levels, and any upward movement seems to be just a correction. Sellers still have control. If $1.36 doesn’t fall again, it could signal that the decline was overdone.

Just watched XRP reject at that $1.43-$1.45 zone again, dropping 3.3% down to $1.36 now. Volume spiked 74% above average on the selloff, which tells me sellers are still firmly in control despite all the spot ETF accumulation and whale wallet activity we've been seeing. The real question everyone's asking is whether $1.40 holds. If it does, we might see another attempt toward $1.45 and $1.55, but a breakdown could get ugly fast—potentially testing $1.33 and even $1.00 if momentum really shifts. What's interesting is that Ripple's been managing its crypto escrow supply pretty actively, locking another 700 million XRP back in March as part of their routine cycle. That kind of supply discipline usually matters long-term, but right now the short-term technicals are what's driving the price action. The chart is actually forming a compression pattern between resistance above and support below, so we might be approaching a larger move once this consolidation resolves. Bitcoin's also been struggling to break $76K convincingly, so there's definitely a broader risk-off vibe across markets. Traders on certain platforms have been running negative funding rates for weeks even as open interest rises, which suggests a lot of crowded shorts. If we see a squeeze, XRP could move fast in either direction. Watching $1.40 closely.