XRP tumbles 9% as break below $1.36 wipes out relief rally

coindesk
coindesk|2026年02月28日 13:31
Traders are watching $1.30 as immediate support after heavy-volume selling confirmed a bearish shift. What to know : XRP slid 9.1 percent from $1.42 to $1.30 after a high-volume breakdown below the key $1.36 support level, signaling intensified selling pressure. The failed rebound and swift rejection near $1.32–$1.33 confirmed a pattern of lower highs, with former support at $1.36–$1.37 now acting as resistance. Traders are watching whether $1.30 can hold as a near-term floor, as a decisive break lower could open downside toward $1.20–$1.22 while any bounce is viewed as corrective.
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