{"id":128073,"date":"2026-01-19T04:18:49","date_gmt":"2026-01-19T04:18:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=128073"},"modified":"2026-01-19T04:18:49","modified_gmt":"2026-01-19T04:18:49","slug":"xrp-price-stabilizes-after-flash-crash-market-watches-closely","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=128073","title":{"rendered":"XRP Price Stabilizes After Flash Crash, Market Watches Closely"},"content":{"rendered":"

XRP price extended losses and traded dived $2.00. The price is now consolidating and might decline further if it remains below $2.00.<\/em><\/p>\n

XRP price started a fresh decline below the $2.00 zone.
\nThe price is now trading below $2.00 and the 100-hourly Simple Moving Average.
\nThere was a break below a contracting triangle with support at $2.050 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to move down if it stays below $2.00.<\/p>\n

XRP Price Dips Sharply<\/h2>\n

XRP price failed to stay above $2.10 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. The price declined below $2.020 and $2.00 to enter a short-term bearish zone.<\/p>\n

There was a break below a contracting triangle with support at $2.050 on the hourly chart of the XRP\/USD pair. The price even spiked below $1.880. A low was formed at $1.847, and the price is now consolidating losses. There was a recovery wave above $1.920. The price even tested the 50% Fib retracement level of the downward move from the $2.065 swing high to the $1.847 low, but the bears remained active.<\/p>\n

The price is now trading below $2.00 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.980 level and the 61.8% Fib retracement level of the downward move from the $2.065 swing high to the $1.847 low.<\/p>\n

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

The first major resistance is near the $2.00 level. A close above $2.00 could send the price to $2.065. The next hurdle sits at $2.10. A clear move above the $2.10 resistance might send the price toward the $2.120 resistance. Any more gains might send the price toward the $2.150 resistance. The next major hurdle for the bulls might be near $2.20.<\/p>\n

More Losses?<\/h2>\n

If XRP fails to clear the $2.00 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.9320 level. The next major support is near the $1.90 level.<\/p>\n

If there is a downside break and a close below the $1.90 level, the price might continue to decline toward $1.850. The next major support sits near the $1.820 zone, below which the price could continue lower toward $1.80.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for XRP\/USD is now losing 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 $1.920 and $1.90.<\/p>\n

Major Resistance Levels \u2013 $1.980 and $2.00.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price extended losses and traded dived $2.00. The price is now consolidating and might decline further if it remains below $2.00. XRP price started a fresh decline below the $2.00 zone. The price is now trading below $2.00 and the 100-hourly Simple Moving Average. There was a break below a contracting triangle with support […]<\/p>\n","protected":false},"author":0,"featured_media":128074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-128073","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\/128073"}],"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=128073"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/128073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/128074"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}