XRP slips as traders watch $1.35 support

coindesk
coindesk|Mar 08, 2026 05:07
Traders are watching whether the $1.35 support zone holds after high-volume selling earlier in the session. What to know : XRP is trading in a tight range around $1.35 after a brief breakdown, with buyers stepping in to defend this key support level. The token remains in a broader corrective phase driven largely by technical factors, as institutional flows and derivatives activity show mixed and subdued participation. Traders are watching whether $1.35 holds, as a rebound could target resistance near $1.36–$1.37 and potentially $1.40, while a break lower may open the door to deeper support around $1.30–$1.32.(Coindesk)
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