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>>XRP’s price nears a critical support level, while bearish momentum continues to grow.

XRP’s price nears a critical support level, while bearish momentum continues to grow.

crypthub

about 8 hours ago

Current Price and Trend

XRP is trading below $1.350 and has broken the 100‑hour simple moving average. The pair entered a short‑term bearish zone after falling past $1.3750 and $1.3650. A bearish trend line with resistance at $1.4250 is visible on the hourly chart. Momentum mirrors the declines seen in Bitcoin and Ethereum.

Key Support and Resistance

Immediate support lies near $1.3275, with a secondary level around $1.3200. Further down, the $1.30 zone and $1.2840 act as additional cushions. Resistance clusters at $1.3650 and $1.3750, followed by stronger barriers at $1.40, $1.4450 and $1.4840. A clear breach above $1.4450 could propel the price toward $1.5150.

Potential Scenarios

If XRP cannot lift above $1.3750, a fresh decline may target $1.3200 and then $1.3050. A sustained drop below $1.3200 could push the pair into the $1.2840 region. Conversely, a decisive close over $1.40 may open the path to $1.4250 and higher resistance levels. Continued gains above $1.4450 would set sights on $1.50 and beyond.

Technical Indicators

The hourly MACD is accelerating in bearish territory. The RSI has slipped below the 50 mark, confirming weak momentum. These indicators align with the price action and reinforce the current downtrend outlook.