XRP is hitting a ceiling near $1.40 and is being pushed down by selling pressure. Just before the end of the recent trading session, it broke below the $1.44 support, then fell about 2.6% to around $1.41. Trading volume has surged to more than three times the daily average, indicating active selling rather than just profit-taking.

The current price has dropped to $1.35, and traders are focused on whether the $1.40 support zone can hold. Over the past few months, XRP has been forming lower highs, and the rebound in mid-March also stalled below $1.60. The pattern of a sustained upward trend appears to be losing momentum.

If the price breaks below $1.40, the next target could be a decline toward the $1.30–$1.32 zone. Conversely, if it stabilizes here, there’s a possibility of attempting a correction back toward $1.44–$1.45. However, breaking through the resistance around $1.55–$1.60 would be necessary for a larger momentum shift, and currently, that seems unlikely.

The macro environment remains bearish, with the market cautious as it watches the Federal Reserve’s policy moves. XRP’s price action is likely to continue being heavily influenced by technical factors.