{"id":125524,"date":"2026-01-08T04:08:15","date_gmt":"2026-01-08T04:08:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=125524"},"modified":"2026-01-08T04:08:15","modified_gmt":"2026-01-08T04:08:15","slug":"xrp-price-gives-back-upside-market-watches-support-closely","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=125524","title":{"rendered":"XRP Price Gives Back Upside, Market Watches Support Closely"},"content":{"rendered":"

XRP price failed to gain pace above $2.320 and trimmed gains. The price is now struggling and faces resistance near the $2.20 level.<\/em><\/p>\n

XRP price started a fresh decline below the $2.250 zone.
\nThe price is now trading below $2.250 and the 100-hourly Simple Moving Average.
\nThere was a break below a key bullish trend line with support at $2.245 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to move down if it settles below $2.150.<\/p>\n

XRP Price Trims Gains<\/h2>\n

XRP price failed to continue higher above $2.35 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. The price declined below $2.320 and $2.250 to enter a short-term bearish zone.<\/p>\n

There was a break below a key bullish trend line with support at $2.245 on the hourly chart of the XRP\/USD pair. The pair even spiked below $2.150. A low was formed at $2.141, and the price is now showing bearish signs below the 23.6% Fib retracement level of the downward move from the $2.416 swing high to the $2.141 low.<\/p>\n

The price is now trading below $2.250 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.20 level. The first major resistance is near the $2.250 level. A close above $2.250 could send the price to $2.30.<\/p>\n

<\/a><\/p>\n

The next hurdle sits at $2.320 and the 61.8% Fib retracement level of the downward move from the $2.416 swing high to the $2.141 low. A clear move above the $2.320 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.40 resistance. The next major hurdle for the bulls might be near $2.450.<\/p>\n

More Losses?<\/h2>\n

If XRP fails to clear the $2.250 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.120 level.<\/p>\n

If there is a downside break and a close below the $2.120 level, the price might continue to decline toward $2.050. The next major support sits near the $2.00 zone, below which the price could continue lower toward $1.880.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n

Major Support Levels \u2013 $2.120 and $2.050.<\/p>\n

Major Resistance Levels \u2013 $2.20 and $2.250.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price failed to gain pace above $2.320 and trimmed gains. The price is now struggling and faces resistance near the $2.20 level. XRP price started a fresh decline below the $2.250 zone. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend […]<\/p>\n","protected":false},"author":0,"featured_media":125525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-125524","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\/125524"}],"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=125524"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125524\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/125525"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}