{"id":174563,"date":"2026-06-04T03:58:14","date_gmt":"2026-06-04T03:58:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=174563"},"modified":"2026-06-04T03:58:14","modified_gmt":"2026-06-04T03:58:14","slug":"xrp-price-takes-another-hit-as-bitcoin-led-weakness-spreads-across-crypto","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=174563","title":{"rendered":"XRP Price Takes Another Hit As Bitcoin-Led Weakness Spreads Across Crypto"},"content":{"rendered":"

XRP price extended losses and traded below $1.20. The price is now consolidating losses and faces hurdles near $1.1920 and $1.1950.<\/em><\/p>\n

XRP price started another decline and traded below the $1.20 zone.
\nThe price is now trading below $1.20 and the 100-hourly Simple Moving Average.
\nThere is a bearish trend line forming with resistance at $1.1950 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to move down if it stays below $1.20.<\/p>\n

XRP Price Nosedives Below $1.20<\/h2>\n

XRP price failed to stay above $1.20 and extended its decline, like Bitcoin<\/a> and Ethereum<\/a>. The price declined below $1.1950 and $1.1920 to enter a short-term bearish zone.<\/p>\n

The price even extended losses below $1.180. A low was formed at $1.1401, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3640 swing high to the $1.1401 low.<\/p>\n

The price is now trading below $1.1920 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.1880 level. The first major resistance is near the $1.1920 level. The main resistance could be $1.1950. There is also a bearish trend line forming with resistance at $1.1950 on the hourly chart of the XRP\/USD pair.<\/p>\n

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

A close above $1.1950 could send the price to $1.20. The next hurdle sits at $1.220. A clear move above the $1.220 resistance might send the price toward the $1.250 resistance or the 50% Fib retracement level of the downward move from the $1.3640 swing high to the $1.1401 low. Any more gains might send the price toward the $1.2850 resistance.<\/p>\n

More Losses?<\/h2>\n

If XRP fails to clear the $1.1950 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.160 level. The next major support is near the $1.1550 level.<\/p>\n

If there is a downside break and a close below the $1.1550 level, the price might continue to decline toward $1.150. The next major support sits near the $1.1440 zone, below which the price could continue lower toward $1.140.<\/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 $1.1600 and $1.1550.<\/p>\n

Major Resistance Levels \u2013 $1.1950 and $1.2000.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price extended losses and traded below $1.20. The price is now consolidating losses and faces hurdles near $1.1920 and $1.1950. XRP price started another decline and traded below the $1.20 zone. The price is now trading below $1.20 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at […]<\/p>\n","protected":false},"author":0,"featured_media":174564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-174563","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\/174563"}],"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=174563"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/174563\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/174564"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=174563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=174563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=174563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}