XRP Takes a Dive to $1.35, Support as Shaky as a Fresh Meme‑Coin Launch
XRP slipped roughly 2.7 % in the past 24 hours, tumbling from the $1.40 sweet spot to just above $1.35 after a late‑session sell‑off that felt more like a flash‑crash than a gentle slide. The dip punched clean through the $1.36 floor, leaving the token trapped beneath the $1.40 ceiling that has habitually slammed the door on any recovery attempt.
The price drop wasn’t a slow bleed from a bad haircut; volume spiked in a matter of minutes, screaming forced liquidations rather than the usual “I‑just‑took‑my‑profits” sighs. Leverage is also climbing, meaning traders are stacking positions even as the price slides—basically a
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