{"id":131874,"date":"2026-02-03T04:18:12","date_gmt":"2026-02-03T04:18:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=131874"},"modified":"2026-02-03T04:18:12","modified_gmt":"2026-02-03T04:18:12","slug":"xrp-price-weakness-persists-with-bears-eyeing-a-new-leg-lower","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=131874","title":{"rendered":"XRP Price Weakness Persists With Bears Eyeing A New Leg Lower"},"content":{"rendered":"

XRP price extended losses and traded below $1.550. The price is now attempting to recover but faces hurdles near $1.650 and $1.70.<\/em><\/p>\n

XRP price started a recovery wave from the $1.50 zone.
\nThe price is now trading below $1.620 and the 100-hourly Simple Moving Average.
\nThere is a key bearish trend line forming with resistance at $1.6150 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to move down if it stays below $1.650.<\/p>\n

XRP Price Faces Resistance<\/h2>\n

XRP price failed to stay above $1.650 and extended its decline, like Bitcoin<\/a> and Ethereum<\/a>. The price declined below $1.620 and $1.60 to enter a short-term bearish zone.<\/p>\n

The price even spiked below $1.520. A low was formed at $1.50, and the price is now attempting to recover. There was a move above the $1.5750 level. The price surpassed the 23.6% Fib retracement level of the downward move from the $1.9388 swing high to the $1.50 low.<\/p>\n

The price is now trading below $1.620 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.620 level. There is also a key bearish trend line forming with resistance at $1.6150 on the hourly chart of the XRP\/USD pair.<\/p>\n

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

The first major resistance is near the $1.650 level. A close above $1.650 could send the price to $1.720 or the 50% Fib retracement level of the downward move from the $1.9388 swing high to the $1.50 low. The next hurdle sits at $1.750. A clear move above the $1.750 resistance might send the price toward the $1.780 resistance. Any more gains might send the price toward the $1.80 resistance. The next major hurdle for the bulls might be near $1.825.<\/p>\n

Another Drop?<\/h2>\n

If XRP fails to clear the $1.650 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.5760 level. The next major support is near the $1.550 level.<\/p>\n

If there is a downside break and a close below the $1.550 level, the price might continue to decline toward $1.5250. The next major support sits near the $1.50 zone, below which the price could continue lower toward $1.4650.<\/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 $1.5760 and $1.550.<\/p>\n

Major Resistance Levels \u2013 $1.6150 and $1.650.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price extended losses and traded below $1.550. The price is now attempting to recover but faces hurdles near $1.650 and $1.70. XRP price started a recovery wave from the $1.50 zone. The price is now trading below $1.620 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance […]<\/p>\n","protected":false},"author":0,"featured_media":131875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-131874","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\/131874"}],"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=131874"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131874\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/131875"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}