$XRP breaks below $1.40 on high volume — bears now in structural control.

XRP slid from $1.44 to $1.39, cleanly breaking a $1.40 support level that had held for weeks. The move resolved a multi-month descending triangle to the downside on expanding volume, flipping $1.40 into resistance. MACD has crossed bearish and RSI sits at 46, still deteriorating.

Immediate support is at $1.37, with $1.32–$1.31 below that and a cycle floor analysts cluster around $1.29–$1.30 on the lower Bollinger Band. A reclaim of $1.40 on volume in the next session would invalidate the breakdown as a fakeout; clearing $1.43–$1.45 would reopen the path toward $1.50–$1.55.

One counterpoint worth noting: institutional inflows into XRP ETF products reached between $15.74M and $25M over the past week despite the price weakness — a divergence that doesn't reverse the technical picture but signals the asset isn't being abandoned at the institutional level. Bitcoin dominance pushing above…