⛓️ Crypto🔴 BearishImportance 4/10Actionable

XRP drops 3% after failing to break $1.45 resistance

CoinDesk|Shaurya Malwa|March 6, 2026 at 04:55 AM

Image via CoinDesk

🤖AI Summary

XRP declined 3% after failing to break through the $1.45 resistance level, with high-volume selling indicating continued bearish market structure. Traders are now monitoring the $1.40 support level as a critical price point.

Key Takeaways

→XRP dropped 3% following rejection at $1.45 resistance level
→High-volume selling pressure confirmed bearish market structure remains intact
→Traders are focusing on $1.40 as the next key support level to watch
→The failure to break resistance suggests continued downward pressure on XRP
→Technical analysis indicates bears remain in control of price action

Mentioned Tokens

$XRP$1.40▼-2.1%

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