
{"id":137239,"date":"2026-02-23T04:08:15","date_gmt":"2026-02-23T04:08:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=137239"},"modified":"2026-02-23T04:08:15","modified_gmt":"2026-02-23T04:08:15","slug":"xrp-price-sinks-beneath-key-level-traders-brace-for-tough-recovery","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=137239","title":{"rendered":"XRP Price Sinks Beneath Key Level, Traders Brace for Tough Recovery"},"content":{"rendered":"<p><em>XRP price extended losses and traded below $1.3650. The price is now consolidating losses but faces hurdles near $1.3620 and $1.4120.<\/em><\/p>\n<p>XRP price started another decline and traded below the $1.350 zone.<br \/>\nThe price is now trading below $1.3650 and the 100-hourly Simple Moving Average.<br \/>\nThere is a key bearish trend line forming with resistance at $1.4250 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 $1.450.<\/p>\n<h2>XRP Price Extends Decline<\/h2>\n<p>XRP price failed to stay above $1.40 and extended its decline, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-slumps-64k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-crashes-1850\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price declined below $1.380 and $1.3650 to enter a short-term bearish zone.<\/p>\n<p>The price even extended losses below $1.350. A low was formed at $1.330, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $1.4641 swing high to the $1.3300 low.<\/p>\n<p>The price is now trading below $1.3650 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.3620 level. The first major resistance is near the $1.3810 level. The main resistance could be $1.4120 or the 61.8% Fib retracement level of the downward move from the $1.4641 swing high to the $1.3300 low.<\/p>\n<p>There is also a key bearish trend line forming with resistance at $1.4250 on the hourly chart of the XRP\/USD pair. A close above $1.4250 could send the price to $1.450.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/XRP_Price_141fca.png\"><\/a><\/p>\n<p>The next hurdle sits at $1.4650. A clear move above the $1.4650 resistance might send the price toward the $1.50 resistance. Any more gains might send the price toward the $1.5250 resistance. The next major hurdle for the bulls might be near $1.550.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $1.4120 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3320 level. The next major support is near the $1.3300 level.<\/p>\n<p>If there is a downside break and a close below the $1.3300 level, the price might continue to decline toward $1.3120. The next major support sits near the $1.30 zone, below which the price could continue lower toward $1.2840.<\/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 $1.3320 and $1.3300.<\/p>\n<p>Major Resistance Levels \u2013 $1.3810 and $1.4120.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price extended losses and traded below $1.3650. The price is now consolidating losses but faces hurdles near $1.3620 and $1.4120. XRP price started another decline and traded below the $1.350 zone. The price is now trading below $1.3650 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":137240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-137239","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\/137239"}],"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=137239"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/137239\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/137240"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}