
XRP slips below $1.35 after triangle breakdown puts focus on $1.30 support
XRP has slipped below the $1.35 mark following a failed breakout attempt, raising concerns about its short-term momentum. Traders are now closely monitoring the $1.30 to $1.31 support zone, as a breakdown could lead to further declines. Analysts are divided on whether this movement indicates a confirmed triangle breakdown or a late-stage compression pattern.
- ▪XRP fell from $1.3457 to $1.3366 during a 24-hour session.
- ▪The breakdown below $1.35 reinforced short-term bearish momentum after weeks of tightening price action.
- ▪CME Group is set to launch 24/7 XRP-linked futures trading, which could increase volatility and liquidity.
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| Canonical URL | https://www.coindesk.com/markets/2026/05/26/xrp-slips-below-usd1-35-after-triangle-breakdown-puts-focus-on-usd1-30-support |
| Publication time | Tue, 26 May 2026 05:08:57 +0000 |
| Retrieval time | 2026-05-26T05:37:43.722Z |
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MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailXRP slips below $1.35 after triangle breakdown puts focus on $1.30 supportXRP lost a key support zone after another failed breakout attempt, with traders now watching whether the months-long compression pattern resolves lower.By Shaurya Malwa May 26, 2026, 5:08 a.m. 2 min readMake preferred on What to know: XRP slipped below the $1.35 level after a failed breakout near $1.36, reinforcing short-term bearish momentum within a recently tight trading range.Traders are focused on the $1.30 to $1.31 support zone, where a decisive breakdown could open downside risk toward roughly $1.14.Analysts remain divided on whether XRP’s structure signals a confirmed triangle breakdown or late-stage compression, as CME prepares to…
Excerpt limited to ~120 words for fair-use compliance. The full article is at CoinDesk.