Just caught XRP getting flushed hard earlier - price dropped from $1.36 straight down to $1.33 in minutes on crazy volume. That kind of move on heavy selling isn't just noise, it's actual distribution happening. The XRP price action shows sellers were definitely in control at that moment.

What caught my eye is how weak the bounce was after. Price tried to recover but couldn't hold, which is a classic sign that the downside wasn't done yet. Now XRP is sitting below $1.35 with resistance stacked up around $1.40-$1.41 - that zone has rejected every bounce attempt so far. The volume just dried up on the way back up, which usually means more downside is coming.

Looking at the levels: if $1.33 breaks, next support is down at $1.32-$1.31 where some demand might show up. But honestly, the technical setup is still messy. Volatility is compressing while momentum is weakening, so we could see a sharp move either way. For now, the XRP price needs to reclaim $1.35 to stabilize, otherwise we're looking at more pain.

Interesting note - while XRP was getting hit, some alts like ICP and NEAR actually outperformed Bitcoin. Coinbase bounced back 10% too after missing earnings. So it's not a total bloodbath, but XRP's breakdown does feel structural rather than just a quick dip.