XRP still continues to fail to break through resistance, this time falling 3% to the $1.36 level after repeatedly being rejected at the $1.43-$1.45 zone. I see volume jumping 74% during this sell-off, which means sellers still hold the short-term control despite inflows from spot ETFs and whale accumulation.

What’s interesting is now all eyes are on the $1.40 support. If this token can stay above that level, there’s a chance for a rebound to $1.45 and possibly $1.55. But if it breaks below, it could drop straight to $1.33 or even to $1.00 in a more bearish scenario.

On-chain data shows institutions are still accumulating, especially through spot ETFs which have accumulated $1.24 billion in the last four months. But the derivative market has cooled off; open interest has decreased significantly since late 2025. This is somewhat contradictory — some are still buying, but leverage is decreasing.

XRP has actually been struggling since the peak in July 2025, trading 60% below its all-time high. There’s a compression pattern forming between declining resistance and rising support, so there’s a high chance the market is setting up for a bigger move. For now, keep a close watch on the $1.40 level. That will determine the next move for this token.