XRP has dropped again, this time falling 3.3% to the $1.41 level after several attempts but failing to break through the resistance at $1.43-$1.45. I noticed trading volume surged 74% when the selling happened, so sellers are still dominant here even though some whales and spot ETFs continue adding positions.

Now $1.40 support is a crucial point that must be maintained. If this level holds, XRP could consolidate first before trying to rise again to $1.45 and $1.55. But if it breaks below $1.40, just wait for the next support at $1.33 or even $1.00 for a deeper reset.

Actually, XRP has been in a prolonged corrective phase since the peak in July 2025. The token is still about 60% below that all-time high, and it’s now in a declining channel structure with some compression indications on the broader chart. What’s interesting is that XRP ETFs have received inflows of around $1.24 billion over the past 4 months, but derivatives activity is cooling down significantly.

So what I’m watching right now is whether XRP can stabilize above $1.40 or whether it will break deeper again. The high volume yesterday confirms that short-term momentum is still favoring sellers, but the structure forming right now suggests the market may be approaching a bigger move after the consolidation finishes.