
{"id":162219,"date":"2026-05-07T05:08:11","date_gmt":"2026-05-07T05:08:11","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=162219"},"modified":"2026-05-07T05:08:11","modified_gmt":"2026-05-07T05:08:11","slug":"xrp-price-weakens-further-sellers-tighten-grip-on-trend","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=162219","title":{"rendered":"XRP Price Weakens Further, Sellers Tighten Grip On Trend"},"content":{"rendered":"<p><em>XRP price started a downside correction from the $1.4550 zone. The price is now consolidating and might aim for another increase if it stays above the $1.40 zone.<\/em><\/p>\n<p>XRP price started a downside correction after it failed to clear the $1.4550 zone.<br \/>\nThe price is now trading near $1.4080 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bullish trend line forming with support at $1.4050 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could start a fresh increase if it settles above $1.4220.<\/p>\n<h2>XRP Price Dips Again<\/h2>\n<p>XRP price started a decent upward move above $1.3850 and $1.4150, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-gains-82500\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and Ethereum. The price gained pace for a clear move above the $1.4220 resistance.<\/p>\n<p>A high was formed at $1.4570, and the price started a downside <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-struggles-2400\/\" target=\"_blank\" rel=\"noopener\">correction<\/a>. There was a move below $1.4320 and $1.420. The price dipped below the 38.2% Fib retracement level of the upward move from the $1.3460 swing low to the $1.4570 high.<\/p>\n<p>The price is now trading near $1.4080 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $1.4050 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/XRP_Price_62a9b4.png\"><\/a><\/p>\n<p>If there is a fresh upward move, the price might face resistance near the $1.420 level. The first major resistance is near the $1.4220 level, above which the price could rise and test $1.4350. A clear move above the $1.4350 resistance might send the price toward the $1.4550 resistance. Any more gains might send the price toward the $1.4620 resistance. The next major hurdle for the bulls might be near $1.4840.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $1.4220 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3050 level. The next major support is near the $1.40 level and the trend line or the 50% Fib retracement level of the upward move from the $1.3460 swing low to the $1.4570 high.<\/p>\n<p>If there is a downside break and a close below the $1.40 level, the price might continue to decline toward $1.3820. The next major support sits near the $1.3620 zone, below which the price could continue lower toward $1.350. Any more losses might call for a test of $1.3320.<\/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 $1.4050 and $1.4000.<\/p>\n<p>Major Resistance Levels \u2013 $1.4220 and $1.4550.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a downside correction from the $1.4550 zone. The price is now consolidating and might aim for another increase if it stays above the $1.40 zone. XRP price started a downside correction after it failed to clear the $1.4550 zone. The price is now trading near $1.4080 and the 100-hourly Simple Moving Average. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":162220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-162219","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\/162219"}],"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=162219"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/162219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/162220"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=162219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=162219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=162219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}