XRP drops 4% below $1.30 as heavy selling breaks key support zone

XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure is now breaking lower.\nWhat to know : XRP broke below the long-defended $1.30 support with heavy volume, signaling a meaningful shift in short-term market sentiment. Derivatives data show cooling futures interest and weaker trader conviction even as on-chain flows suggest longer-term accumulation continues. Analysts warn that XRP’s price is hovering near the lower edge of a long-running symmetrical triangle, raising the risk of a deeper drop toward the mid-$1.20s or even $1.10 if $1.30 is not reclaimed.