XRP is still under pressure after failing to break above a key resistance level, and the overall trend is leaning bearish.
Right now, XRP is trading around $1.31 after getting rejected again near $1.35. This is the third time since late March that the price has tried—and failed—to break above that level. Each rejection makes that resistance stronger.
What’s more concerning is that the latest rejection happened with higher trading volume. That usually signals that sellers are in control, not just a temporary pause.
Here’s the situation in simple terms:
- Resistance: Around $1.35 — price keeps getting pushed down from here
- Immediate support: Around $1.30 to $1.28
- Next downside target: Around $1.15 if support breaks
Some indicators also show weakness. Momentum is still low, and traders seem to be opening more short positions instead of buying. That increases the risk of a sharper drop if support fails.
There’s a small sign of stabilization on very short timeframes, but it’s not strong enough to change the bigger picture.
On the flip side, for things to turn positive, XRP needs a strong move above $1.35 and hold there. Without that, the trend stays bearish.
In short, XRP is stuck in a tight range, but leaning downward. If $1.30 breaks, the next move could come fast—and likely lower.
