{"id":56441,"date":"2025-04-03T04:08:39","date_gmt":"2025-04-03T04:08:39","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=56441"},"modified":"2025-04-03T04:08:39","modified_gmt":"2025-04-03T04:08:39","slug":"xrp-price-under-pressure-new-lows-signal-more-trouble-ahead","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=56441","title":{"rendered":"XRP Price Under Pressure\u2014New Lows Signal More Trouble Ahead"},"content":{"rendered":"

XRP price started a fresh decline below the $2.120 zone. The price is now consolidating and might face hurdles near the $2.10 level.<\/em><\/p>\n

XRP price started a fresh decline after it failed to clear the $2.2350 resistance zone.
\nThe price is now trading below $2.120 and the 100-hourly Simple Moving Average.
\nThere was a break below a short-term contracting triangle with support at $2.080 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might extend losses if it fails to clear the $2.120 resistance zone.<\/p>\n

XRP Price Trims Gains<\/h2>\n

XRP price attempted a recovery wave above the $2.120 and $2.20 resistance levels, like Bitcoin<\/a> and Ethereum<\/a>. The price even spiked above $2.20 before the bears appeared.<\/p>\n

A high was formed at $2.2350 and there was a strong bearish reaction. The price dipped below the $2.150 and $2.120 support levels. There was a break below a short-term contracting triangle with support at $2.080 on the hourly chart of the XRP\/USD pair.<\/p>\n

A new weekly low was formed at $1.9832 and the price is now consolidating losses. The price is now trading below $2.10 and the 100-hourly Simple Moving Average.<\/p>\n

There was a move above the 23.6% Fib retracement level of the downward move from the $2.235 swing high to the $1.983 low. On the upside, the price might face resistance near the $2.070 level. The first major resistance is near the $2.10 level.<\/p>\n

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

The 50% \u00a0and 50% Fib retracement level of the downward move from the $2.235 swing high to the $1.983 low is also near the $2.10 level. The next resistance is $2.1750. A clear move above the $2.1750 resistance might send the price toward the $2.20 resistance. Any more gains might send the price toward the $2.2350 resistance or even $2.40 in the near term. The next major hurdle for the bulls might be $2.50.<\/p>\n

More Losses?<\/h2>\n

If XRP fails to clear the $2.10 resistance zone, it could start another decline. Initial support on the downside is near the $2.020 level. The next major support is near the $2.00 level.<\/p>\n

If there is a downside break and a close below the $2.00 level, the price might continue to decline toward the $1.980 support. The next major support sits near the $1.950 zone.<\/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 $2.020 and $2.00.<\/p>\n

Major Resistance Levels \u2013 $2.10 and $2.1750.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a fresh decline below the $2.120 zone. The price is now consolidating and might face hurdles near the $2.10 level. XRP price started a fresh decline after it failed to clear the $2.2350 resistance zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There was a break […]<\/p>\n","protected":false},"author":0,"featured_media":56442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56441","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\/56441"}],"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=56441"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/56442"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}