XRP Price Breaks Below Key Support Levels Amid Bearish Triangle

The current XRP price is around $1.34-$1.37 as of September 13, but it's under pressure from a bearish triangle breakdown.

This development follows a rejection from the $1.43-$1.45 region and a subsequent break below the rising trendline of a tightening symmetrical triangle.

According to TradingView analyst XAUApex, the move is evidence of increasing selling pressure, characterized by lower highs and lower lows.

The breakdown does not automatically confirm a prolonged bearish trend, but it does weaken the short-term bullish structure.

A recovery above the broken trendline and the $1.43-$1.45 resistance area could challenge the bearish setup.