{"id":173160,"date":"2026-06-01T04:18:54","date_gmt":"2026-06-01T04:18:54","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=173160"},"modified":"2026-06-01T04:18:54","modified_gmt":"2026-06-01T04:18:54","slug":"xrp-price-loses-ground-as-bearish-pressure-quietly-builds","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=173160","title":{"rendered":"XRP Price Loses Ground As Bearish Pressure Quietly Builds"},"content":{"rendered":"

XRP price started a downside correction below the $1.3420 zone. The price is now showing bearish signs and might decline further below $1.3150.<\/em><\/p>\n

XRP price started a downside correction after it failed to stay above the $1.3450 zone.
\nThe price is now trading above $1.3150 and the 100-hourly Simple Moving Average.
\nThere is a declining channel 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 down if it stays below $1.3420.<\/p>\n

XRP Price Dips Below Support<\/h2>\n

XRP price struggled to stay above $1.3520 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. The price dipped below the $1.350 and $1.3450 levels.<\/p>\n

The price declined below $1.3420. There was a clear move below the 38.2% Fib retracement level of the upward move from the $1.2658 swing low to the $1.3642 high. Besides, there is a declining channel forming with resistance at $1.3380 on the hourly chart of the XRP\/USD pair.<\/p>\n

The price is now trading above $1.3150 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3380 level. The first major resistance is near the $1.3420 level, above which the price could rise and test $1.350.<\/p>\n

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

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

More Downside?<\/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 $1.320 level. The next major support is near the $1.3150 level and the 50% Fib retracement level of the upward move from the $1.2658 swing low to the $1.3642 high.<\/p>\n

If there is a downside break and a close below the $1.3150 level, the price might continue to decline toward $1.3120. The next major support sits near the $1.3050 zone, below which the price could continue lower toward $1.2920. Any more losses might call for a test of $1.2880.<\/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 $1.3200 and $1.3150.<\/p>\n

Major Resistance Levels \u2013 $1.3380 and $1.3500.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a downside correction below the $1.3420 zone. The price is now showing bearish signs and might decline further below $1.3150. XRP price started a downside correction after it failed to stay above the $1.3450 zone. The price is now trading above $1.3150 and the 100-hourly Simple Moving Average. There is a declining […]<\/p>\n","protected":false},"author":0,"featured_media":173161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-173160","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\/173160"}],"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=173160"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/173160\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/173161"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=173160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=173160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=173160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}