XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure is now breaking lower.

XRP lost a key support zone after another failed breakout attempt, with traders now watching whether the months-long compression pattern resolves lower.

XRP (CRYPTO: XRP) is down over 5% over the past month, as diminishing liquidity and bearish sentiment weigh on price action.