The cryptocurrency token XRP dropped between three percent [1] and 3.7% [3] as strong selling pressure pushed its price below $1.40 [1].

This decline is significant because it signals a potential break of key support levels, suggesting that the token may face a deeper drop in value if buyers do not step in.

Recent market data shows XRP trading around $1.41 [2]. This follows a period where the token briefly tested the $1.45 area before a mild pullback occurred [2]. Analysts said these movements are evidence of renewed downside risk within the broader cryptocurrency market [3].

Volatility has characterized the token's performance over the last several months. XRP started March near $1.40 [4]—a level that has since become a critical psychological threshold for investors. Earlier trends show that a rally in January which reached $2.40 [4] faded within days. This instability continued into February, which brought a 30% crash [4].

Market participants are now monitoring whether the token can stabilize or if the current selling pressure will drive prices further down. The move below $1.40 is viewed as a signal that the market is struggling to maintain its current valuation, a trend that mirrors the volatility seen in early 2026.

Regarding the current price action, MSN said "XRP is trading around $1.41, extending a mild pullback after briefly testing the $1.45 area on CoinMarketCap" [2].

“XRP dropped between 3% and 3.7% as strong selling pressure pushed its price below $1.40.”

The repeated failure of XRP to maintain support at the $1.40 level, combined with the rapid reversal of the January peak, indicates a bearish trend. For the broader market, this volatility reflects a lack of confidence in the token's short-term price floor, making the $1.40 mark a primary indicator for future movement.