XRP falls 3% after losing $1.15 support as breakout attempt fades

Jun 19, 2026, 5:14 a.m. 2 min readSummaryXRP slid 3.4 percent to about $1.15, breaking key support at $1.15 on heavy volume after another failed attempt to clear a long-running descending trendline near $1.25.The sell-off was driven by a volume spike roughly 170 percent above average around 15:00 UTC, with buyers stepping in near $1.13 but unable to reclaim the broken $1.15 level into the close.Traders now see $1.15 as the first hurdle for bulls, with support clustered between $1.13 and $1.10 and resistance stacked from $1.17 to $1.25 as XRP continues to trade within a year-long symmetrical triangle.XRP gave back more of last week's rally on Wednesday after sellers pushed the token through $1.15 support, a level traders had been watching since the recent move above $1.20. The decline came on some of the session's heaviest volume and followed another rejection below the descending trendline that has capped every recovery attempt for months.News Background• XRP remains caught between growing expectations for U.S. crypto legislation and a market that continues to prioritize technical levels over narrative.• Traders are also watching the year-long symmetrical triangle that has compressed price action between support near $1.10 and resistance around $1.25.Price Action Summary• XRP fell from $1.1873 to $1.1465 during the 24-hour session, losing 3.4%.• The sharpest selling arrived around 15:00 UTC when volume surged to 134.2 million XRP, roughly 170% above average, breaking support at $1.1550.• Buyers emerged near $1.13 and helped lift XRP back toward $1.15 into the close, though the rebound failed to reclaim broken support.Technical Analysis• The key development was the loss of $1.15. That level had acted as support following last week's breakout and now risks turning into resistance.• XRP has now failed multiple times below the descending trendline near $1.25, reinforcing it as the most important level on the chart.• Volume expanded during the selloff rather than the recovery, suggesting sellers remained in control despite the late-session bounce.• The broader setup continues to resemble a market compressing between support near $1.10 and resistance near $1.25, with the range narrowing as the triangle approaches its apex.What traders should watch• $1.15 is now the first level bulls need to reclaim to stabilize momentum.• Support sits near $1.13-$1.14, followed by the larger floor around $1.10.• Resistance remains clustered between $1.17 and $1.25, where recent recovery attempts have repeatedly failed.• A break above $1.25 would change the conversation. Until then, traders are likely to view rallies as tests of resistance rather than the start of a new uptrend.12345678910