XRP experienced a significant intraday decline, dropping from around $1.36 to $1.33, with high trading volume indicating strong selling pressure rather than a lack of liquidity.

The price drop caused it to break below $1.35, a level that, together with the $1.40 to $1.41 range, forms a resistance zone that previously hindered price rebounds multiple times.

Weak rebounds and sustained declining trading volume suggest that sellers still hold dominance, and XRP remains in a broader downtrend. If it cannot break through the $1.33 resistance level, the risk of further decline is high$XRP