Ripple-linked XRP slips 25% below $1.42 as traders watch breakout
coindesk|5月 07, 2026 15:31
XRP pulled back even as Ripple and JPMorgan completed a cross-border tokenized Treasury settlement on XRPL, with price now testing whether the recent breakout structure can hold.
What to know : XRP retreated after failing to hold above $1.45 and is now consolidating just above the key $1.40–$1.41 breakout zone. Ripple’s XRP Ledger hosted a near-real-time cross-border settlement of tokenized U.S. Treasuries involving JPMorgan, Mastercard and Ondo Finance, underscoring rising institutional interest in tokenization. Traders are watching support at $1.40–$1.41 and resistance at $1.45–$1.47, with thin liquidity heightening the risk of sharp moves once this range breaks.(Coindesk)
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