XRP (XRP) Price: Falls Below $1.40 After Triangle Breakdown

The immediate bias for XRPUSD is bearish-to-mixed. The triangle breakdown signals weakening short-term structure after rejection near $1.43–$1.45, increasing the probability of continued selling or a wider consolidation range. The first market test is around $1.31; a sustained break there would expose the $1.17 area near the reported 100-period moving average.

The move is technically significant but not, by itself, confirmation of a durable long-term downtrend. A recovery above roughly $1.38, followed by a reclaim of $1.43–$1.45, would undermine the breakdown and raise the risk of a failed bearish signal. Conversely, inability to regain the former triangle area would likely keep rallies vulnerable to selling.

The reported transfer or sale of approximately 90 million XRP and the sharp decline in daily active addresses add a potentially bearish fundamental backdrop, suggesting weaker participation and possible distribution. However, these figures are attributed to external analysts in the article and should be independently verified before being treated as confirmation of sustained selling pressure.

The broader crypto-market impact is likely limited unless XRP’s decline reflects a wider deterioration in altcoin risk appetite. XRP may underperform other large-cap tokens if the support levels fail, while a successful defense—particularly near $1.31—could produce a technical rebound. The RLUSD corporate-treasury narrative is strategically constructive for Ripple’s ecosystem, but it is unlikely to offset near-term chart-driven selling unless accompanied by measurable adoption or flows.

The key catalyst is the scheduled September 15, 2026 U.S. Senate vote on the CLARITY Act, which could increase volatility across XRP and other crypto assets. Traders should monitor the vote outcome and language, XRP’s ability to hold $1.31, volume during any break, exchange flows, active-address data, and whether price reclaims the $1.43–$1.45 breakdown zone. The initial interpretation remains bearish, but confirmation depends on follow-through below support rather than the pattern break alone.