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XRP slips below $1.40 on heavy volume, tightening range puts breakout in focus

coindesk
coindesk|5月 05, 2026 05:17
High-volume breakdown reset positioning, but compression between $1.38–$1.44 now points to a larger move. What to know : XRP slipped back below $1.40 after a high-volume breakdown, then settled into a tight trading range as selling pressure eased. The token is compressing between support near $1.38 and resistance around $1.41, with no clear control by buyers or sellers. Traders are watching $1.40 as the key pivot, with a break above $1.42 signaling upside continuation and a loss of $1.38 opening room toward $1.34–$1.30.(Coindesk)
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Timeline

5月 19, 03:18Bitcoin remains trapped below the daily TBO cloud.
5月 18, 15:42The Bitcoin price was rejected at a known potential support level.
5月 18, 02:33The probability of Ethereum falling below $2,000 has flipped to the majority.
5月 18, 00:13BTC falls below 77,000, U.S. stock futures plummet
5月 16, 17:17bitcoin:native has over a 60% probability of falling below 60,000.
5月 16, 16:14The price of BTC has fallen below the 21-week EMA for a retest.
5月 16, 11:14BTC falls below $78,000
5月 16, 11:08The proportion of long-term holders on-chain continues to rise
5月 16, 09:23Bitcoin falls below $78,000
5月 16, 02:13BTC fell below 80k, ETH holdings show an unrealized loss of $2.9 million

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