XRP falls 2.6% to $1.41 after breaking $1.44 support as volume surges and SEC CFTC classify XRP as a digital commodity.
XRP moved lower during the latest session after breaking below a key support level near $1.44.
The token declined about 2.6% to around $1.41, while trading volume rose to more than three times the daily average.
The move reflects continued pressure within a broader corrective phase that has remained in place since the mid-2025 peak.
Traders are now focused on whether XRP can stabilize above the $1.40 level as the market reacts to both price action and recent regulatory updates.
Price Break Below $1.44 Extends Ongoing Downtrend
XRP has remained in a corrective phase for several months, and rallies have failed to sustain upward movement.
Each attempt to move higher has been met with selling pressure, and momentum has remained limited. This pattern has defined the market structure since the mid-2025 peak.
The recent break below $1.44 confirms continued weakness in the short term. Selling activity increased during the move, and volume rose sharply, indicating strong participation from sellers. This type of volume often reflects conviction in the direction of the move.
🚨UPDATE: XRP fell about 2.6 percent to roughly $1.41 after a late-session break below $1.44 support, with selling volume more than triple the daily average.$XRP remains stuck in a broader corrective phase that has persisted since its mid-2025 peak, with rallies consistently… pic.twitter.com/F2K0HYfVY9
— Ledger Man 🎩 (@strivex_) March 22, 2026
Price behavior suggests that XRP is still trading within a broader range. Short-term movements continue to follow a pattern of lower highs and repeated rejections near resistance levels. This keeps the asset within a controlled corrective structure.
If XRP stabilizes above $1.40, the market may shift into consolidation. This could allow price to move sideways while traders reassess positioning. Consolidation phases often occur after high-volume moves.
Key Support and Resistance Levels Guide Next Move
Market participants are closely monitoring the $1.40 level as a key support zone. This level has become the main focus after the recent breakdown. Holding above this level could limit further downside pressure.
Resistance remains between $1.44 and $1.45, which aligns with the level that was recently broken. A move back above this range would be required to test higher levels. Traders are watching for signs of strength near this zone.
Beyond that, a broader move toward $1.55 to $1.60 would be needed to shift momentum.
This range has acted as a higher resistance area during previous attempts to rally. Sustained movement into this zone would signal a change in structure.
If $1.40 fails to hold, the next support area lies between $1.30 and $1.32. This zone has shown weaker buying interest in prior price action. As a result, a move into this range could occur with less resistance.
Related Reading: Ripple Reportedly Buys Back XRP As Institutional Demand Sharply Rises
Regulatory Update Classifies XRP as Digital Commodity
A joint interpretive release from the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission has provided a new classification for XRP. The update was issued on March 17, 2026.
🚨 XRP HOLDERS, SEC & CFTC OFFICIALLY DECLARE XRP A DIGITAL COMMODITY!
On March 17, 2026, in a landmark 68-page joint interpretive release, the SEC and CFTC dropped the bombshell the entire crypto world needed: XRP is NOT a security. It's a digital commodity – right alongside… pic.twitter.com/jatv8mNHC2
— Pumpius (@pumpius) March 22, 2026
The document states that XRP is classified as a digital commodity rather than a security.
It notes that XRP’s value is derived from the operation of the XRP Ledger and market supply and demand. It also states that XRP does not rely on essential managerial efforts under the Howey test.
With this classification, XRP falls under CFTC jurisdiction for spot and futures markets. This change defines how the asset is viewed within the regulatory framework.
