CoinDesk
XRP dropped roughly 2% as sellers stepped in to take profits near recent highs, pulling the token back below the $1.40 level. The move is a familiar pattern in mid-cap crypto assets after a short-term run-up: buyers thin out, profit-takers fill the gap, and price resets to a cleaner support zone.
The pullback does not signal a structural breakdown on its own, but the $1.40 level now becomes near-term resistance to watch. A failure to reclaim it quickly tends to invite a second leg of selling as momentum traders exit alongside the initial profit-takers.
Glassnode