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Invezz 2026-03-23 07:32:38

Why XRP is falling fast below $1.40: are bears in full control?

XRP has slipped below a key support level, and the market is starting to feel the pressure. The altcoin has dropped below $1.40, a level that had been holding the price steady, and bears now seem to be in control. The bear pressure has pushed XRP down toward the $1.36 region, where it is now struggling to stabilise. A breakdown that changed the XRP price outlook The loss of $1.40 has changed the entire short-term outlook for XRP. This level is no longer acting as support, but instead has become a barrier that the price now struggles to reclaim. Each attempt to move back above it has been met with selling pressure, which is a classic sign of weakness. The price drop was also accompanied by increased activity, suggesting that stop-loss orders were triggered as the $1.40 support level broke. This kind of reaction often leads to a chain effect, where more traders exit positions as the price continues to fall. With this structure in place, the path forward becomes clearer, and it is not pointing upward for now. Pressure from the wider altcoin market XRP is not moving in isolation, and that is an important detail to consider. Other major altcoins, including Cardano (ADA) and Solana (SOL) , have also been under pressure, falling within the same time frame. This shows that the weakness is not specific to XRP, but part of a broader market trend. When the entire sector is under stress, individual assets rarely manage to hold their ground. This kind of environment reduces the chances of a quick recovery, as confidence across the market remains low. The market seems to be reacting to external factors, especially the war in Iran, which has made riskier assets less attractive in the short term. As a result, money is flowing out of altcoins, and XRP is feeling that impact directly. Why $1.32 is now in focus With $1.40 lost and $1.36 under pressure, attention is now shifting to the next support zone. That level sits around $1.32, and it has acted as a reliable floor in recent price action. Markets tend to move from one support level to the next, especially when momentum is clearly bearish. Right now, there is little evidence of strong buying interest that could stop the slide before that point. The lack of a convincing bounce suggests that sellers still have the upper hand. If the current support at $1.38 fails to hold, the move toward $1.32 could happen quickly, and according to some analysts , we could even see the cryptocurrency drop to around $1.13. XRP price analysis | Source: TradingView What could change the bearish outlook? Despite the current weakness, the situation is not without hope. For the outlook to improve, XRP would need to climb back above $1.40 and hold that level. A stronger move toward $1.54 and beyond would signal that the bullish momentum is returning. Without that shift, any upward movement is likely to be temporary. The broader market also needs to stabilise for XRP to regain strength. If selling pressure across altcoins eases, it could provide the support needed for a recovery. Until then, the trend remains fragile, and caution is still warranted. The post Why XRP is falling fast below $1.40: are bears in full control? appeared first on Invezz

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