XRP Price Slides After Key Support Break as Broad Crypto Sell-Off Intensifies

XRP experienced a sharp sell-off as weakness across the broader cryptocurrency market triggered a decisive break below a critical technical level, accelerating downside momentum. The token fell roughly 6.3%, sliding from around $1.65 to near $1.54, as heavy trading volume suggested forced selling rather than a gradual, orderly decline. The move appeared driven by positioning and technical factors rather than any XRP-specific news or fundamental catalyst.

The broader crypto market was firmly risk-off during the session, weighing on major assets and high-beta tokens alike. XRP had already been showing signs of vulnerability after several choppy weeks in which rebounds failed to gain traction or attract sustained buying interest. That lack of follow-through left the price exposed once overall market sentiment turned negative, with sellers quickly taking control after the $1.60 support level gave way.

From a price action perspective, the break below $1.60 acted as the key inflection point. Once that floor was lost, sell orders accelerated, pushing XRP swiftly toward the mid-$1.50s. Volume spiked noticeably during the breakdown, reinforcing the view that stop-losses and leveraged positions were flushed out. Although XRP attempted minor bounces, it struggled to reclaim $1.56, keeping the short-term structure bearish into the close as prices hovered near $1.54 following a late-session dip.

Technically, former support in the $1.60 to $1.62 range has now flipped into resistance, with sellers defending any rally attempts. Market participants are closely watching the $1.50 level, which represents a critical near-term support zone. If this area holds, XRP could stabilize and attempt to build a base, but bulls would need a swift move back above $1.56 to ease downside pressure. A decisive break below $1.50, however, could open the door to further losses toward $1.38, with a deeper downside risk extending toward the $1.02 region if broader crypto weakness continues.

Overall, traders describe the current environment as a “breakdown-first” market for XRP, where rebounds are viewed cautiously until key resistance levels are reclaimed with convincing volume.