XRP is maintaining its critical support level at $1.40, keeping recovery hopes alive despite recent volatility. The cryptocurrency has experienced unstable price action throughout May, with repeated rallies followed by sharp retracements. Currently trading near $1.43, XRP has seen a 3.68% decline in the past 24 hours, accompanied by a 42% drop in daily trading volume. Analysts at MCO Global highlight the importance of the $1.40 support area as a pivotal point for XRP's short-term price direction. While the asset remains under pressure after failing to sustain momentum above $1.55, analysts suggest that as long as XRP holds above $1.40, there is potential for another push toward $1.55 and possibly $1.67. However, a break below this support could lead to a deeper correction, with potential targets at $1.37 and $1.30. The broader market structure for XRP reflects ongoing uncertainty, with short-term momentum weakening despite a small monthly gain. Market participants are closely watching whether XRP can stabilize above the ascending trendline to preserve bullish expectations.