XRP Crypto slipped to $1.31 after an outright rejection at $1.35, leaving traders with little to show for a breakout attempt that briefly looked credible.
The 2% drop is secondary: what matters is the combination of this rejection of the ceiling and the visible depth of the order book, a configuration that historically precedes more marked directional movements.
The failed surge reached a high of $1.37 on March 31, with XRP unable to break through the $1.40 resistance and declining in a range of $1.28 to $1.33 since then.
This recent run to $1.35 now looks like a distribution zone rather than a launch pad, and the market cap stands at $80.6 billion with 24-hour volume at just $2.01 billion – a reduced stake that confirms the liquidity problem is real. The chart now forces a binary question: does $1.28 hold, or does the next support at $1.15 come into play faster than the bulls expected?
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XRP Crypto, Recover $1.35 or Retreat to $1.15?
XRP Crypto se négocie en dessous de son EMA de 50 jours (1,38 $) et de son EMA de 200 jours (1,88 $), avec un prix coincé dans un canal descendant sur le graphique de 4 heures où le 50-SMA et le 200-SMA agissent comme plafond.
The daily RSI reads 38 – weak momentum, but not yet in oversold territory, meaning there is no technical bottom from this indicator alone. The MACD is negative and expanding to the downside, removing any argument for short-term momentum.
The main resistances are at $1.3500; load-bearing supports cost $1.3000 and $1.2698. The $1.28 level has held steady since February, aligning with the 23.6% Fibonacci retracement – below, holders’ support thins noticeably to $1.15.
The bull case requires a net recovery of $1.35 in volume – not a wick, a close – followed by holding above the 50-day EMA at $1.38.
This sequence opens at $1.45 and, with a catalyst, at $1.60 linked to the regulatory progress of the CLARITY Act, which has a 63% probability of being passed in 2026 based on current market forecasts. Long-term analysts maintain structurally bullish frameworks, but these scenarios require macroeconomic conditions (accommodative FOMC stance, easing of geopolitical tensions) that are not currently present.
The bearish case activates on a confirmed daily close below $1.28. Analysts see $1.15 as the next significant support, with more aggressive targets at $0.80 contingent on oil above $100 and the Fed maintaining rates through the second quarter.
The uncomfortable reality is that XRP is down almost 30% year-to-date and 64% from its all-time high of $3.65, and every bounce has been sold off. The most important level: $1.28. Hold it and the range remains intact; lose it and $1.15 becomes the next anchor.
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The article XRP Crypto Falls to $1.31 After Failed Breakout as Liquidity Dries Up appeared first on Cryptonews.
