
{"id":131580,"date":"2026-02-02T04:08:09","date_gmt":"2026-02-02T04:08:09","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=131580"},"modified":"2026-02-02T04:08:09","modified_gmt":"2026-02-02T04:08:09","slug":"xrp-price-stumbles-toward-1-50-bulls-running-out-of-room","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=131580","title":{"rendered":"XRP Price Stumbles Toward $1.50, Bulls Running Out Of Room"},"content":{"rendered":"<p><em>XRP price extended losses and traded below $1.60. The price is now consolidating and might decline further if it remains below $1.50.<\/em><\/p>\n<p>XRP price started a fresh decline below the $1.650 zone.<br \/>\nThe price is now trading below $1.60 and the 100-hourly Simple Moving Average.<br \/>\nThere is a key bearish trend line forming with resistance at $1.650 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could continue to move down if it stays below $1.650.<\/p>\n<h2>XRP Price Dives 15%<\/h2>\n<p>XRP price failed to stay above $1.80 and started a fresh decline, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-cant-reclaim-80k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-2200-collapse\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price declined below $1.720 and $1.650 to enter a short-term bearish zone.<\/p>\n<p>The price even spiked below $1.550. A low was formed at $1.50, and the price is now consolidating losses. There was a recovery wave above $1.550. The price even cleared the 23.6% Fib retracement level of the downward move from the $1.938 swing high to the $1.50 low.<\/p>\n<p>The price is now trading below $1.60 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.60 level. The first major resistance is near the $1.650 level. There is also a key bearish trend line forming with resistance at $1.650 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/XRP_Price.png\"><\/a><\/p>\n<p>A close above $1.650 could send the price to $1.720 or the 50% Fib retracement level of the downward move from the $1.938 swing high to the $1.50 low. The next hurdle sits at $1.770. A clear move above the $1.770 resistance might send the price toward the $1.80 resistance. Any more gains might send the price toward the $1.8350 resistance. The next major hurdle for the bulls might be near $1.90.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $1.60 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.540 level. The next major support is near the $1.5150 level.<\/p>\n<p>If there is a downside break and a close below the $1.5150 level, the price might continue to decline toward $1.50. The next major support sits near the $1.4650 zone, below which the price could continue lower toward $1.420.<\/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 $1.540 and $1.50.<\/p>\n<p>Major Resistance Levels \u2013 $1.60 and $1.650.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price extended losses and traded below $1.60. The price is now consolidating and might decline further if it remains below $1.50. XRP price started a fresh decline below the $1.650 zone. The price is now trading below $1.60 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":131581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-131580","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\/131580"}],"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=131580"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131580\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/131581"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}