
{"id":120725,"date":"2025-12-16T04:48:54","date_gmt":"2025-12-16T04:48:54","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=120725"},"modified":"2025-12-16T04:48:54","modified_gmt":"2025-12-16T04:48:54","slug":"xrp-price-suffers-sharp-5-drop-is-more-pain-ahead","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=120725","title":{"rendered":"XRP Price Suffers Sharp 5% Drop\u2014Is More Pain Ahead?"},"content":{"rendered":"<p><em>XRP price started a fresh decline below $1.950. The price is now struggling and faces resistance near the $1.920 resistance level.<\/em><\/p>\n<p>XRP price started a fresh decline below the $1.950 zone.<br \/>\nThe price is now trading below $1.90 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bearish trend line forming with resistance at $1.980 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could continue to move down if it settles below $1.850.<\/p>\n<h2>XRP Price Dips Again<\/h2>\n<p>XRP price attempted a recovery wave above $2.020 but failed to continue higher, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-drops-85k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and Ethereum. The price started a fresh decline below $2.00 and $1.950.<\/p>\n<p>There was a move below the $1.920 support level. A low was formed at $1.8550, and the price is now showing bearish signs below the 23.6% Fib retracement level of the downward move from the $2.047 swing high to the $1.8550 low.<\/p>\n<p>The price is now trading below $1.90 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-drifts-lower-3000\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. There is also a bearish trend line forming with resistance at $1.980 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>If there is a fresh upward move, the price might face resistance near the $1.90 level. The first major resistance is near the $1.920 level. A close above $1.920 could send the price to $1.950 or the 50% Fib retracement level of the downward move from the $2.047 swing high to the $1.8550 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/XRP_Price_7dfa09.png\"><\/a><\/p>\n<p>The next hurdle sits at $1.980 and the trend line. A clear move above the $1.980 resistance might send the price toward the $2.050 resistance. Any more gains might send the price toward the $2.120 resistance. The next major hurdle for the bulls might be near $2.150.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $1.90 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.8550 level. The next major support is near the $1.820 level.<\/p>\n<p>If there is a downside break and a close below the $1.820 level, the price might continue to decline toward $1.7650. The next major support sits near the $1.7320 zone, below which the price could continue lower toward $1.7050.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining 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 $1.850 and $1.820.<\/p>\n<p>Major Resistance Levels \u2013 $1.950 and $1.980.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh decline below $1.950. The price is now struggling and faces resistance near the $1.920 resistance level. XRP price started a fresh decline below the $1.950 zone. The price is now trading below $1.90 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.980 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":120726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-120725","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\/120725"}],"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=120725"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/120725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/120726"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=120725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=120725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=120725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}