
{"id":171058,"date":"2026-05-27T05:28:32","date_gmt":"2026-05-27T05:28:32","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=171058"},"modified":"2026-05-27T05:28:32","modified_gmt":"2026-05-27T05:28:32","slug":"xrp-price-under-pressure-again-traders-eye-possible-weekly-breakdown","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=171058","title":{"rendered":"XRP Price Under Pressure Again, Traders Eye Possible Weekly Breakdown"},"content":{"rendered":"<p><em>XRP price started a downside correction below the $1.350 zone. The price is now showing bearish signs and might decline further below $1.3120.<\/em><\/p>\n<p>XRP price started a downside correction after it failed to stay above the $1.350 zone.<br \/>\nThe price is now trading below $1.340 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bearish trend line forming with resistance at $1.3580 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 $1.3550.<\/p>\n<h2>XRP Price Dips Below Support<\/h2>\n<p>XRP price struggled to stay above $1.3650 and started a fresh decline, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-recovery-looks-fragile-78k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-buying-pressure-softens-2150\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price dipped below the $1.3550 and $1.3500 levels.<\/p>\n<p>The price declined below $1.340. There was a clear move below the 61.8% Fib retracement level of the upward move from the $1.30 swing low to the $1.3740 high. Besides, there is a bearish trend line forming with resistance at $1.3580 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price is now trading below $1.340 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3340 level. The first major resistance is near the $1.340 level, above which the price could rise and test $1.350.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/XRP_Price_a62550.png\"><\/a><\/p>\n<p>A clear move above the $1.350 resistance might send the price toward the $1.3580 resistance and the trend line. Any more gains might send the price toward the $1.3650 resistance. The next major hurdle for the bulls might be near $1.3740.<\/p>\n<h2>More Downside?<\/h2>\n<p>If XRP fails to clear the $1.340 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3175 level. The next major support is near the $1.3125 level and the 83.2% Fib retracement level of the upward move from the $1.30 swing low to the $1.3740 high.<\/p>\n<p>If there is a downside break and a close below the $1.3125 level, the price might continue to decline toward $1.3020. The next major support sits near the $1.30 zone, below which the price could continue lower toward $1.2920. Any more losses might call for a test of $1.2880.<\/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 $1.3175 and $1.3125.<\/p>\n<p>Major Resistance Levels \u2013 $1.3400 and $1.3580.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a downside correction below the $1.350 zone. The price is now showing bearish signs and might decline further below $1.3120. XRP price started a downside correction after it failed to stay above the $1.350 zone. The price is now trading below $1.340 and the 100-hourly Simple Moving Average. There is a bearish [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":171059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-171058","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\/171058"}],"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=171058"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/171058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/171059"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=171058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=171058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=171058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}