XRP falls below $1.40 after triangle breakdown
- —XRP trades in the $1.34–1.37 range after falling from a peak near $1.70
- —Whales sold or moved about 90 million XRP over the week
- —Active XRP Ledger addresses fell from 388,000 to 38,000
- —Key support levels are $1.31 and $1.17; a return above $1.38 would be the first step toward recovery
Why it matters: The triangle breakdown and whale outflow increase the risk of a further decline in XRP toward $1.17 if $1.31 fails to hold.
Source: Blockonomi