
{"id":110158,"date":"2025-11-04T04:08:05","date_gmt":"2025-11-04T04:08:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110158"},"modified":"2025-11-04T04:08:05","modified_gmt":"2025-11-04T04:08:05","slug":"xrp-price-downtrend-extends-sellers-target-fresh-lows-after-support-break","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110158","title":{"rendered":"XRP Price Downtrend Extends \u2014 Sellers Target Fresh Lows After Support Break"},"content":{"rendered":"<p><em>XRP price started a fresh decline below $2.50. The price is now showing bearish signs and is at risk of more losses below $2.30 in the near term.<\/em><\/p>\n<p>XRP price gained bearish momentum and traded below $2.350.<br \/>\nThe price is now trading below $2.420 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bearish trend line forming with resistance at $2.550 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could start a recovery wave if it stays above $2.30.<\/p>\n<h2>XRP Price Dips Further<\/h2>\n<p>XRP price remained in a bearish zone below $2.550 and extended losses, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-sell-off-continues-109k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-faces-renewed-pressure-3680\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price dipped below the $2.50 and $2.420 levels.<\/p>\n<p>The decline gained pace after there was a close below $2.40. The price even tested $2.250. A low was formed at $2.260, and the price is now correcting some losses. There was a move above the 23.6% Fib retracement level of the downward move from the $2.552 swing high to the $2.260 low.<\/p>\n<p>The price is now trading below $2.40 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.40 level and the 50% Fib retracement level of the downward move from the $2.552 swing high to the $2.260 low.<\/p>\n<p>The first major resistance is near the $2.480 level, above which the price could rise and test $2.550. There is also a bearish trend line forming with resistance at $2.550 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/XRP_Price_8e3154.png\"><\/a><\/p>\n<p>A clear move above the $2.550 resistance might send the price toward the $2.60 resistance. Any more gains might send the price toward the $2.650 resistance. The next major hurdle for the bulls might be near $2.720.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $2.50 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.320 level. The next major support is near the $2.30 level.<\/p>\n<p>If there is a downside break and a close below the $2.30 level, the price might continue to decline toward $2.250. The next major support sits near the $2.220 zone, below which the price could continue lower toward $2.20.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now losing pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $2.320 and $2.250.<\/p>\n<p>Major Resistance Levels \u2013 $2.50 and $2.550.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh decline below $2.50. The price is now showing bearish signs and is at risk of more losses below $2.30 in the near term. XRP price gained bearish momentum and traded below $2.350. The price is now trading below $2.420 and the 100-hourly Simple Moving Average. There is a bearish trend [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":110159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110158"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110158"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110158\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110159"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}