
{"id":70761,"date":"2025-06-01T14:24:22","date_gmt":"2025-06-01T14:24:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=70761"},"modified":"2025-06-01T14:24:22","modified_gmt":"2025-06-01T14:24:22","slug":"ripple-price-analysis-bearish-signs-flash-as-xrp-prepares-for-further-downtrend","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=70761","title":{"rendered":"Ripple Price Analysis: Bearish Signs Flash as XRP Prepares for Further Downtrend"},"content":{"rendered":"<p>Ripple faced a sharp rejection at the upper boundary of its descending wedge, triggering a significant decline. Adding to the bearish outlook, the asset has slipped beneath both the 100-day and 200-day moving averages, an important technical breakdown that raises the probability of an extended correction.<\/p>\n<h2>XRP Analysis<\/h2>\n<h3>The Daily Chart<\/h3>\n<p>XRP\u2019s recent attempt to break out of its long-standing consolidation range has been met with notable selling pressure. After testing the upper boundary of its descending wedge formation near $2.5, the asset was firmly rejected and has since declined sharply, breaking below both the 100-day and 200-day moving averages, previously acting as dynamic support around the $2.2 level.<\/p>\n<p>This bearish development is further intensified by the emergence of a death cross, where the 100-day MA has crossed below the 200-day MA, often seen as a signal of mid-to-long-term bearish sentiment.<\/p>\n<p>With momentum now favoring the bears, the focus shifts to the next significant support zones: the psychological $2 level and the wedge\u2019s lower boundary around $1.5. These lines are likely to be critical battlegrounds for bulls attempting to halt the downtrend.<a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/XRP-D-scaled.jpg\"><\/a><\/p>\n<h2>The 4-Hour Chart<\/h2>\n<p>Zooming into the 4-hour timeframe, XRP had been confined within a short-term ascending wedge, typically a bearish pattern. The price has since breached the wedge\u2019s lower trendline near $2.3, confirming a breakdown and reinforcing the bearish narrative.<\/p>\n<p>Currently, Ripple is testing a key support level at the $2.1 region. A decisive drop below this level could accelerate the downtrend, opening the door for a fall toward the $1.5 support area. On the flip side, if buyers manage to defend this level, a temporary consolidation phase between $2 and $2.3 could follow, though momentum still leans bearish unless a strong reversal develops.<a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/XRP-4H-scaled.jpg\"><\/a><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripple-price-analysis-bearish-signs-flash-as-xrp-prepares-for-further-downtrend\/\">Ripple Price Analysis: Bearish Signs Flash as XRP Prepares for Further Downtrend<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ripple faced a sharp rejection at the upper boundary of its descending wedge, triggering a significant decline. Adding to the bearish outlook, the asset has slipped beneath both the 100-day and 200-day moving averages, an important technical breakdown that raises the probability of an extended correction. XRP Analysis The Daily Chart XRP\u2019s recent attempt to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":70762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-70761","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\/70761"}],"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=70761"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/70761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/70762"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}