XRP slips as traders watch $1.35 support

XRP is trading in a tight range around $1.35 after a brief breakdown, with buyers stepping in to defend the support level. The token remains in a broader corrective phase driven largely by technical factors, while institutional flows and derivatives activity show mixed and subdued participation.

Over the past 24 hours XRP slipped from $1.3666 to $1.3554, trading within a relatively tight 1.9% range. A sharp volume spike drove price briefly down to $1.3473 before buyers recovered the token toward $1.35–$1.36. The most notable move came when XRP briefly broke down toward $1.347 during a surge in volume, confirming selling pressure below $1.36 and reinforcing $1.36–$1.37 as short-term resistance.

Buyers quickly defended the $1.35 region, triggering a modest rebound and forming higher lows on shorter timeframes. Price is now compressing between support near $1.35 and resistance around $1.36–$1.37, a tightening range that often precedes a directional move once liquidity builds.

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