XRP trades below $1.40 and faces resistance at $1.3980

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XRP slips below $1.40. Price consolidates under resistance. Sellers hold unless $1.40 is reclaimed.

XRP extended losses and entered a short-term bearish zone. A low printed at $1.3680. The pair trades below $1.40 and the 100-hour SMA.

It moved like Bitcoin and Ethereum.

There was a break above a bearish trendline near $1.3820 on the hourly chart (Kraken data). Bounce capped at the 23.6% Fib of $1.4470–$1.3680.

Key levels:

  • Immediate resistances $1.3980, $1.4075 (50% Fib), $1.4170
  • Upside if close above $1.4170: $1.4220, $1.4250, $1.450, $1.4650
  • Supports $1.3780, $1.3680; below $1.3680: $1.3550, $1.350, $1.3220

MACD loses bearish pace. RSI sits below 50.

Headline: XRP drops under $1.40; consolidation below key resistance, watch $1.3980–$1.4170 and $1.3680 support

XRP remains below $1.40. A move down can continue if price stays under $1.40.