XRP drops to $1.33 as bitcoin weakness pulls down majors
coindesk|2026年04月12日 05:58
Sudden selloff triggered liquidation-style move, with weak recovery reinforcing bearish structure despite compressed volatility setup.
What to know : XRP suffered a sharp intraday breakdown from about $1.36 to $1.33 on heavy volume, signaling aggressive selling rather than a thin-liquidity move. The drop pushed price below the $1.35 level, which has now turned into resistance alongside the $1.40 to $1.41 zone that has repeatedly capped rebounds. Weak follow-through on the bounce and fading volume suggest sellers remain in control, leaving XRP trapped in a broader downtrend with elevated risk of further downside if $1.33 fails.
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