Look, XRP is going through a delicate moment here. It tried to break above the 1.43-1.45 zone again but couldn't manage it. Now it's at 1.36, retreating about 1.38% in the last 24 hours. I was watching when it dropped from 1.4108, and the volume spiked 74% above the average during the decline — a clear sign that sellers are in control now.

What's behind this is a bit confusing. Spot ETFs continue accumulating ( about 1.24 billion in the last four months ), and large on-chain wallets are buying on the dip. But at the same time, derivatives traders are pulling back significantly, and leverage is decreasing. It seems like some people are accumulating while others are exiting at the same time.

The critical level now is 1.40. If it holds there, XRP might be able to consolidate and try again toward 1.45 and then 1.55. But if it breaks below, traders are watching deeper supports like 1.33 and even 1.00 in a more pessimistic scenario. The structure is forming a triangle, so a bigger move in one direction or the other is likely soon.