{"id":147927,"date":"2026-04-07T04:18:34","date_gmt":"2026-04-07T04:18:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=147927"},"modified":"2026-04-07T04:18:34","modified_gmt":"2026-04-07T04:18:34","slug":"xrp-price-rebound-fizzles-out-downside-pressure-returns-fast","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=147927","title":{"rendered":"XRP Price Rebound Fizzles Out, Downside Pressure Returns Fast"},"content":{"rendered":"

XRP price started a downside correction from the $1.3550 zone. The price is now consolidating and might aim for another increase if it stays above the $1.30 zone.<\/em><\/p>\n

XRP price started a downside correction after it failed to clear the $1.3550 zone.
\nThe price is now trading below $1.3220 and the 100-hourly Simple Moving Average.
\nThere is a bearish trend line forming with resistance at $1.3380 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to move up if it settles above $1.340.<\/p>\n

XRP Price Holds Support<\/h2>\n

XRP price started a decent upward move above $1.3220 and $1.3250, like Bitcoin<\/a> and Ethereum<\/a>. The price gained pace for a clear move above the $1.3420 resistance.<\/p>\n

A high was formed at $1.3566, and the price started a downside correction. There was a move below $1.350 and $1.340. The price dipped below the 50% Fib retracement level of the upward move from the $1.2786 swing low to the $1.3566 high.<\/p>\n

However, the bulls were active above $1.3080 and the 61.8% Fib retracement level of the upward move from the $1.2786 swing low to the $1.3566 high. The price is now trading below $1.3220 and the 100-hourly Simple Moving Average.<\/p>\n

If there is a fresh upward move, the price might face resistance near the $1.3250 level. The first major resistance is near the $1.3380 level. There is also a bearish trend line forming with resistance at $1.3380 on the hourly chart of the XRP\/USD pair, above which the price could rise and test $1.3550.<\/p>\n

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

A clear move above the $1.3550 resistance might send the price toward the $1.380 resistance. Any more gains might send the price toward the $1.40 resistance. The next major hurdle for the bulls might be near $1.4250.<\/p>\n

Another Drop?<\/h2>\n

If XRP fails to clear the $1.3380 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3080 level. The next major support is near the $1.30 level.<\/p>\n

If there is a downside break and a close below the $1.30 level, the price might continue to decline toward $1.2880. The next major support sits near the $1.2620 zone, below which the price could continue lower toward $1.250. Any more losses might call for a test of $1.2350.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for XRP\/USD is now gaining 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 $1.3080 and $1.3000.<\/p>\n

Major Resistance Levels \u2013 $1.3380 and $1.3550.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a downside correction from the $1.3550 zone. The price is now consolidating and might aim for another increase if it stays above the $1.30 zone. XRP price started a downside correction after it failed to clear the $1.3550 zone. The price is now trading below $1.3220 and the 100-hourly Simple Moving Average. […]<\/p>\n","protected":false},"author":0,"featured_media":147928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-147927","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\/147927"}],"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=147927"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/147927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/147928"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=147927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=147927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=147927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}