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XRP Price Turns Soft, Red Signals Renewed Bearish Pressure


XRP Price Turns Soft, Red Signals Renewed Bearish Pressure

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AI Overview

XRP (crypto) extended losses on Kraken (CEX), trading below $1.40 and the 100-hour SMA after failing to hold $1.4120; a short-term low of $1.3358 was recorded. Hourly technicals show bearish momentum: MACD accelerating in the bearish zone, RSI below 50, and a bearish trendline near $1.3750; immediate resistance sits at $1.385–$1.40. Downside risk if $1.40 is not reclaimed: key supports at $1.350 and $1.3350, with further targets $1.322–$1.30; a close above $1.40 could target $1.412–$1.50 — relevant for token performance, traders and crypto risk management.

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XRP price extended losses and traded below $1.40. The price is now consolidating losses but faces hurdles near $1.3750 and $1.40.

  • XRP price started another decline and traded below the $1.40 zone.
  • The price is now trading below $1.3880 and the 100-hourly Simple Moving Average.
  • There is a bearish trend line forming with resistance at $1.3750 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 Extends Losses

XRP price failed to stay above $1.4120 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.40 and $1.3880 to enter a short-term bearish zone.

The price even extended losses below $1.3750. A low was formed at $1.3358, and the price is now consolidating losses below the 38.2% Fib retracement level of the downward move from the $1.4372 swing high to the $1.3358 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 $1.3750 level. There is also a bearish trend line forming with resistance at $1.3750 on the hourly chart of the XRP/USD pair.

The first major resistance is near the $1.3850 level or the 50% Fib retracement level of the downward move from the $1.4372 swing high to the $1.3358 low. The main resistance could be $1.40.

XRP Price

A close above $1.40 could send the price to $1.4120. The next hurdle sits at $1.4380. A clear move above the $1.4380 resistance might send the price toward the $1.450 resistance. Any more gains might send the price toward the $1.4650 resistance. The next major hurdle for the bulls might be near $1.50.

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 $1.350 level. The next major support is near the $1.3350 level.

If there is a downside break and a close below the $1.3350 level, the price might continue to decline toward $1.3220. The next major support sits near the $1.3150 zone, below which the price could continue lower toward $1.30.

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 – $1.3500 and $1.3350.

Major Resistance Levels – $1.3850 and $1.4000.

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