XRP slips below $1.35 after triangle breakdown puts focus on $1.30 support

coindesk
coindesk|May 26, 2026 05:09
XRP lost a key support zone after another failed breakout attempt, with traders now watching whether the months-long compression pattern resolves lower. 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 launch 24/7 XRP-linked futures that could boost volatility and liquidity.(Coindesk)
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