XRP Tests $1.40 Support After Weeks of Selling Pressure
XRP is testing support at $1.40 after weeks of intense downward pressure. Bitcoin is consolidating in the mid-₱3,483,720 ($60,000) range with structural support waiting at low-₱3,483,720 ($60,000).
XRP faces immediate resistance between $1.52 and $1.55. A break above that range could push XRP toward its major moving averages convergence zone between $1.75 and $1.80.
XRP hit a 2025 peak of $3.66 before dropping 50% to $1.58 by October. The decline followed months of regulatory uncertainty that ended in August 2025 when Judge Analisa Torres ruled XRP is not a security in retail transactions on public exchanges. Ripple settled with the SEC for ₱2.9 billion ($50 million) after a lawsuit that lasted nearly five years.
Bitcoin is consolidating in the mid-₱3,483,720 ($60,000) range with its next structural support sitting in the low-$60,000 area. The largest cryptocurrency gained unique official backing through a 2025 executive order limited to seized assets, giving it a regulatory edge over most altcoins.
Spot XRP ETFs launched in November 2025 and attracted over ₱81.29 billion ($1.4 billion) in inflows, representing 2.3% of XRP's supply. Standard Chartered analysts predicted XRP could exceed $8 in 2026 based on improving regulatory conditions and continued ETF interest. The August 2025 ruling enabled US institutional re-entry and cleared compliance risks that kept regulated funds and banks on the sidelines, while Bitcoin has dropped roughly 30% over the prior 12 months compared to XRP's 50% decline from its peak.
This article was written based on reporting from U.Today.
