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XRP Price Slides Back To Range Support After Failed Upside Push


XRP Price Slides Back To Range Support After Failed Upside Push

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AI Overview

XRP is trading below $1.40 and the 100‑hour SMA after failing at $1.4120–$1.4050; recent low $1.380 and consolidating under the 23.6% Fib of the $1.457→$1.380 move. Technicals show bearish momentum (hourly MACD in bearish zone, RSI <50) with a bearish trendline/resistance near $1.392 and immediate resistance at $1.400–$1.4095; a clear break above $1.4250 would be needed to target $1.45–$1.465. Downside risk: support at $1.380 then $1.368; a close below $1.368 risks a drop to $1.350 and lower to $1.332–$1.320 — negative near-term implications for the crypto/token market and price action.

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XRP price extended losses and traded below $1.40. The price is now consolidating losses and faces hurdles near $1.3980 and $1.4050.

  • XRP price started another decline and traded below the $1.40 zone.
  • The price is now trading below $1.40 and the 100-hourly Simple Moving Average.
  • There is a bearish trend line forming with resistance at $1.3920 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could continue to move down if it stays below $1.40.

XRP Price Dips Further

XRP price failed to stay above $1.4120 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.4050 and $1.40 to enter a short-term bearish zone.

The price even extended losses below $1.3880. A low was formed at $1.380, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $1.4570 swing high to the $1.3800 low.

The price is now trading below $1.40 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.3920 level. There is also a bearish trend line forming with resistance at $1.3920 on the hourly chart of the XRP/USD pair.

The first major resistance is near the $1.40 level. The main resistance could be $1.4095. A close above $1.4095 could send the price to $1.4180 or the 50% Fib retracement level of the downward move from the $1.4570 swing high to the $1.3800 low.

XRP Price

The next hurdle sits at $1.4250. A clear move above the $1.4250 resistance might send the price toward the $1.450 resistance. Any more gains might send the price toward the $1.4650 resistance.

Another Decline?

If XRP fails to clear the $1.40 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.380 level. The next major support is near the $1.3680 level.

If there is a downside break and a close below the $1.3680 level, the price might continue to decline toward $1.350. The next major support sits near the $1.3320 zone, below which the price could continue lower toward $1.320.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $1.3800 and $1.3680.

Major Resistance Levels – $1.3920 and $1.4000.

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