XRP slides to $1.38 as selling pressure breaks the $1.40 floor.

XRP dropped to $1.38 after losing the $1.40 support level, with rising selling pressure driving the move. The breach of that threshold removes a key short-term floor that had held through recent volatility.

With no immediate catalyst to absorb the sell-side flow, traders will be watching whether $1.38 holds as the next line of defence or gives way to deeper retracement levels. Broader market conditions and overall risk appetite will likely dictate the pace from here.