{"id":132957,"date":"2026-02-06T04:08:53","date_gmt":"2026-02-06T04:08:53","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=132957"},"modified":"2026-02-06T04:08:53","modified_gmt":"2026-02-06T04:08:53","slug":"xrp-price-snaps-back-from-1-15-collapse-bulls-test-the-waters","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=132957","title":{"rendered":"XRP Price Snaps Back From $1.15 Collapse, Bulls Test The Waters"},"content":{"rendered":"

XRP price extended losses and traded below $1.30. The price is now consolidating losses but faces hurdles near $1.30 and $1.350.<\/em><\/p>\n

XRP price started another decline and traded below the $1.30 zone.
\nThe price is now trading below $1.30 and the 100-hourly Simple Moving Average.
\nThere is a key bearish trend line forming with resistance at $1.380 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to move down if it stays below $1.40.<\/p>\n

XRP Price Dips Over 15%<\/h2>\n

XRP price failed to stay above $1.50 and extended its decline, like Bitcoin<\/a> and Ethereum<\/a>. The price declined below $1.450 and $1.40 to enter a short-term bearish zone.<\/p>\n

The price even extended losses below $1.250. A low was formed at $1.1356, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the downward move from the $1.6320 swing high to the $1.1350 low.<\/p>\n

The price is now trading below $1.30 and the 100-hourly Simple Moving Average. There is also a bearish trend line forming with resistance at $1.380 on the hourly chart of the XRP\/USD pair.<\/p>\n

If there is a fresh recovery move, the price might face resistance near the $1.30 level. The first major resistance is near the $1.320 level. A close above $1.320 could send the price to $1.380, the trend line, and the 50% Fib retracement level of the downward move from the $1.6320 swing high to the $1.1350 low.<\/p>\n

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

The next hurdle sits at $1.40. A clear move above the $1.40 resistance might send the price toward the $1.420 resistance. Any more gains might send the price toward the $1.450 resistance. The next major hurdle for the bulls might be near $1.50.<\/p>\n

Another Drop?<\/h2>\n

If XRP fails to clear the $1.320 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.240 level. The next major support is near the $1.2250 level.<\/p>\n

If there is a downside break and a close below the $1.2250 level, the price might continue to decline toward $1.20. The next major support sits near the $1.1650 zone, below which the price could continue lower toward $1.150.<\/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 $1.220 and $1.20.<\/p>\n

Major Resistance Levels \u2013 $1.320 and $1.380.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price extended losses and traded below $1.30. The price is now consolidating losses but faces hurdles near $1.30 and $1.350. XRP price started another decline and traded below the $1.30 zone. The price is now trading below $1.30 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":132958,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-132957","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\/132957"}],"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=132957"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/132958"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}