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XRP plunges to $1.33 amid heavy selling and weak recovery, signaling bearish trend risk.

Technical Signals
12 Apr 2026
Coindesk
View Source
Bearish
pluang ai news

XRP experienced a sharp drop from $1.36 to $1.33 on heavy volume, breaking key support at $1.35 and turning it into resistance. The rapid selloff and weak bounce suggest sellers remain in control, keeping XRP in a downtrend with risk of further decline if it fails to reclaim $1.35. The market shows compressed volatility but no clear direction yet, with resistance at $1.40-$1.41 capping recovery attempts. Traders should watch $1.35 as a pivot point and $1.33 as critical support.

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