{"id":178540,"date":"2026-06-11T05:08:00","date_gmt":"2026-06-11T05:08:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=178540"},"modified":"2026-06-11T05:08:00","modified_gmt":"2026-06-11T05:08:00","slug":"xrp-price-troubles-arent-over-yet-as-downside-risks-mount","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=178540","title":{"rendered":"XRP Price Troubles Aren\u2019t Over Yet As Downside Risks Mount"},"content":{"rendered":"

XRP price started a downside correction below the $1.150 zone. The price is now showing bearish signs and might decline further below $1.080.<\/em><\/p>\n

XRP price started a downside correction after it failed to stay above the $1.1550 zone.
\nThe price is now trading below $1.1350 and the 100-hourly Simple Moving Average.
\nThere is a bearish trend line forming with resistance at $1.120 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to move down if it stays below $1.1350.<\/p>\n

XRP Price Turns Red<\/h2>\n

XRP price struggled to stay above $1.1550 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. The price dipped below the $1.150 and $1.1420 levels.<\/p>\n

The price even traded below the 50% Fib retracement level of the upward move from the $1.050 swing low to the $1.1862 high. However, the bulls are currently protecting the $1.10 support zone. Besides, there is a bearish trend line forming with resistance at $1.120 on the hourly chart of the XRP\/USD pair.<\/p>\n

The price is now trading below $1.1350 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.120 level. The first major resistance is near the $1.1350 level, above which the price could rise and test $1.1420.<\/p>\n

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

A clear move above the $1.1420 resistance might send the price toward the $1.1550 resistance. Any more gains might send the price toward the $1.1650 resistance. The next major hurdle for the bulls might be near $1.1840.<\/p>\n

Downside Continuation?<\/h2>\n

If XRP fails to clear the $1.1350 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.10 level. The next major support is near the $1.080 level or the 76.4% Fib retracement level of the upward move from the $1.050 swing low to the $1.1862 high.<\/p>\n

If there is a downside break and a close below the $1.080 level, the price might continue to decline toward $1.0650. The next major support sits near the $1.050 zone, below which the price could continue lower toward $1.020. Any more losses might call for a test of $1.00.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for XRP\/USD is now losing 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 $1.1000 and $1.080.<\/p>\n

Major Resistance Levels \u2013 $1.1200 and $1.1350.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a downside correction below the $1.150 zone. The price is now showing bearish signs and might decline further below $1.080. XRP price started a downside correction after it failed to stay above the $1.1550 zone. The price is now trading below $1.1350 and the 100-hourly Simple Moving Average. There is a bearish […]<\/p>\n","protected":false},"author":0,"featured_media":178541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-178540","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\/178540"}],"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=178540"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/178540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/178541"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=178540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=178540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=178540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}