XRP Faces Pullback After $1.40 Rejection as Key Support Nears | Market Analysis

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MarketAnalysisXRP (Ripple) News
Sep 1, 2026
< 1min read
byCoin Edition
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XRP began September with a pullback after failing to break the $1.40–$1.45 resistance, trading near $1.36 and down 5.77% on the week but still up 26.77% on the month, while volume fell over 25% to $2.08 billion as traders stepped back. A breach below the Ichimoku Tenkan-sen signals short-term momentum loss and risks deeper consolidation if key support breaks, though analysts point to the bullish monthly close as evidence the broader crypto token performance and adoption trend may remain intact.

See what traders are focused on

• XRP began September with a pullback after failing to break the $1.40 resistance zone.
• Price slipped below the Ichimoku Tenkan-sen, indicating short-term momentum loss. 
• A break below support could push XRP into a deeper consolidation or corrective phase. 

XRP has started September on a weaker note after closing August with a strong bullish candle, failing to sustain momentum above the $1.40–$1.45 resistance zone. The rejection there has pulled price into a consolidation phase.

XRP is trading near $1.36 at press time, down 5.77% on the week, though still up 26.77% on the month. Volume dropped more than 25% to $2.08 billion, a sign that the traders who drove August’s rally have largely stepped back.

Analyst Dark Defender reads the pullback differently, pointing to the bullish monthly close as a signal the broader uptrend isn’t finished. The analyst flags resista…

Source: cryptorank.io