XRP lost a key support zone after another failed breakout attempt, with traders now watching whether the months-long compression pattern resolves lower. The cryptocurrency fell from $1.3457 to $1.3366 during the 24-hour session, following a failed push above resistance near $1.3620. The breakdown below $1.35 reinforced short-term bearish momentum amid weeks of tightening price action. Analysts remain split on XRP's structure: some view the recent move as a confirmed symmetrical triangle breakdown with downside risk toward $1.14, while others argue the broader structure still resembles compression rather than outright collapse, especially while XRP remains above the critical $1.30 support area. Whale activity also cooled sharply during the period, with large transaction counts falling more than 57% over nine days. Additionally, CME Group is preparing to launch 24/7 XRP-linked futures trading later this month, which could increase volatility and improve liquidity. Traders are now watching the $1.30-$1.31 support zone; losing it would likely accelerate downside momentum, while reclaiming $1.35 is needed to stabilize the near-term structure.

Key facts

• XRP fell from $1.3457 to $1.3366 after a failed breakout attempt near $1.3620.
• Breakdown below $1.35 reinforces bearish momentum; $1.30-$1.31 is key support.
• Whale transaction counts dropped over 57% in nine days.
• CME Group plans to launch 24/7 XRP futures trading later this month.
• Analysts split: some see triangle breakdown to $1.14, others see compression.