{"id":126584,"date":"2026-01-13T04:08:56","date_gmt":"2026-01-13T04:08:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=126584"},"modified":"2026-01-13T04:08:56","modified_gmt":"2026-01-13T04:08:56","slug":"xrp-price-weakness-deepens-opening-the-door-to-a-sharper-drop","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=126584","title":{"rendered":"XRP Price Weakness Deepens, Opening the Door to a Sharper Drop"},"content":{"rendered":"

XRP price extended losses and traded below $2.080. The price is now attempting to start a fresh increase and faces hurdles near the $2.120 level.<\/em><\/p>\n

XRP price started a fresh decline below the $2.10 zone.
\nThe price is now trading below $2.10 and the 100-hourly Simple Moving Average.
\nThere is a key bearish trend line forming with resistance at $2.080 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to move down if it stays below $2.10.<\/p>\n

XRP Price Turns Red<\/h2>\n

XRP price failed to stay above $2.150 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. The price declined below $2.120 and $2.10 to enter a short-term bearish zone.<\/p>\n

The price even spiked below $2.050. A low was formed at $2.034, and the price is now consolidating losses. There was an attempt to clear $2.10, but the bears remained active. There is also a key bearish trend line forming with resistance at $2.080 on the hourly chart of the XRP\/USD pair.<\/p>\n

The price is now trading below $2.10 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.080 level and the trend line. The first major resistance is near the $2.120 level. It is close to the 23.6% Fib retracement level of the downward move from the $2.415 swing high to the $2.034 low.<\/p>\n

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

A close above $2.120 could send the price to $2.20. The next hurdle sits at $2.220 or the 50% Fib retracement level of the downward move from the $2.415 swing high to the $2.034 low. A clear move above the $2.220 resistance might send the price toward the $2.280 resistance. Any more gains might send the price toward the $2.320 resistance. The next major hurdle for the bulls might be near $2.350.<\/p>\n

More Losses?<\/h2>\n

If XRP fails to clear the $2.10 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.020 level. The next major support is near the $2.00 level.<\/p>\n

If there is a downside break and a close below the $2.00 level, the price might continue to decline toward $1.950. The next major support sits near the $1.920 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 $2.020 and $2.00.<\/p>\n

Major Resistance Levels \u2013 $2.10 and $2.120.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price extended losses and traded below $2.080. The price is now attempting to start a fresh increase and faces hurdles near the $2.120 level. XRP price started a fresh decline below the $2.10 zone. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":126585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-126584","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\/126584"}],"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=126584"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/126584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/126585"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}