Ripple's Price Plummets Below Key Support as Reserve Divergence Mounts

XRP has broken below its rising support trendline, which had defined its consolidation pattern since late June. The price now sits around $0.10 under the projected trendline value of $1.15-$1.17.

This decisive break marks a structural shift in the market, turning the former floor into a ceiling and flipping short-term bias to the downside. When price closes outside the lower boundary rather than bouncing toward the apex, it signals sellers overwhelming buyers at that level.

XRP's exchange reserves are also diverging across venues, with Upbit having slid to a multi-month low and Binance remaining well below its March high. The divergence is a relevant input alongside the bearish price action.