XRP slides toward $1.35 as liquidation wave signals weak support

Sharp late-session selling and rising leverage suggest a bigger move is coming, with downside risk building. What to know : XRP slid about 2.7% to hover near $1.35 after a sharp late-session sell-off that pushed the token below key $1.36 support. Heavy, rapid selling with a spike in volume points to forced liquidations and a fragile market structure rather than orderly profit-taking. Traders are watching $1.35 as near-term support and $1.40 as critical resistance, with rising leverage and compressed volatility signaling a potentially larger move ahead.(Coindesk)