"XRP breaks below $1.44 support... spotlight on whether $1.40 holds"

Source
Minseung Kang

Summary

  • It reported that XRP has turned weak after breaking below $1.44 support, increasing uncertainty over its near-term direction.
  • It said the market sees a potential attempt to reclaim the $1.44–$1.45 zone if $1.40 support holds.
  • However, it reported that if $1.40 support breaks, further downside could open toward the $1.30–$1.32 range, while the broader downtrend remains intact.

Forecast Trend Report by Period

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XRP is facing renewed downside pressure after falling below a key support level, adding to near-term directional uncertainty. The market is watching whether support at $1.40 holds as the pivotal factor that could determine further declines or a rebound.

As of 17:03 on the 22nd on Binance, XRP breached intraday support at $1.44 to the downside and is trading around $1.40, down about 2.6%.

According to cryptocurrency-focused media outlet CoinDesk, XRP sell volume surged to more than three times the daily average, intensifying downward pressure. After forming a low near $1.4018, the price briefly stabilized around $1.40.

XRP is also maintaining a medium-term downtrend. Since the mid-2025 peak, it has continued to post progressively lower highs, and recent rebound attempts have repeatedly met resistance in the $1.55–$1.60 range.

Market participants say that if $1.40 support holds in the near term, XRP could attempt to reclaim the $1.44–$1.45 zone. However, if that support gives way, analysts warn that the door could open to further downside toward the $1.30–$1.32 range.

The outlet said, "Recent rebound attempts have repeatedly failed below $1.60, keeping the broader downtrend intact," adding that "the current structure looks closer to a corrective move than a rebound."

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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