
{"id":172188,"date":"2026-05-29T04:48:30","date_gmt":"2026-05-29T04:48:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=172188"},"modified":"2026-05-29T04:48:30","modified_gmt":"2026-05-29T04:48:30","slug":"xrp-price-bounce-looks-fragile-fresh-decline-risks-begin-rising","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=172188","title":{"rendered":"XRP Price Bounce Looks Fragile, Fresh Decline Risks Begin Rising"},"content":{"rendered":"<p><em>XRP price started a recovery wave above $1.290 and $1.2950. The price is now consolidating and might aim for a fresh move if it clears $1.3350.<\/em><\/p>\n<p>XRP price started a recovery wave above the $1.30 zone.<br \/>\nThe price is now trading below $1.320 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bearish trend line forming with resistance at $1.3420 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could continue to move up if it settles above $1.3350.<\/p>\n<h2>XRP Price Faces Hurdles<\/h2>\n<p>XRP price remained supported above $1.2650 and started a recovery wave, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-extends-decline-74k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-struggles-2090\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price was able to climb above $1.2880 and $1.290 to enter a short-term positive zone.<\/p>\n<p>The bulls pushed the price above the 50% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 swing low. However, the bears are active near $1.3350. There is also a bearish trend line forming with resistance at $1.3420 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price is now trading below $1.320 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.320 level. The first major resistance is near the $1.3280 level and the 61.8% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 swing low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/XRP_Price_c8347a.png\"><\/a><\/p>\n<p>A close above $1.3280 could send the price to $1.3350. The next hurdle sits at $1.3420. A clear move above the $1.3420 resistance might send the price toward the $1.3650 resistance. Any more gains might send the price toward the $1.380 resistance.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $1.3350 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.30 level. The next major support is near the $1.290 level.<\/p>\n<p>If there is a downside break and a close below the $1.2720 level, the price might continue to decline toward $1.2650. The next major support sits near the $1.2550 zone, below which the price could continue lower toward $1.2250.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now near the 50 level.<\/p>\n<p>Major Support Levels \u2013 $1.3000 and $1.2900.<\/p>\n<p>Major Resistance Levels \u2013 $1.3350 and $1.3420.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a recovery wave above $1.290 and $1.2950. The price is now consolidating and might aim for a fresh move if it clears $1.3350. XRP price started a recovery wave above the $1.30 zone. The price is now trading below $1.320 and the 100-hourly Simple Moving Average. There is a bearish trend line [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":172189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-172188","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\/172188"}],"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=172188"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/172188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/172189"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=172188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=172188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=172188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}