
{"id":89757,"date":"2025-08-20T04:08:41","date_gmt":"2025-08-20T04:08:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=89757"},"modified":"2025-08-20T04:08:41","modified_gmt":"2025-08-20T04:08:41","slug":"xrp-price-crashes-below-3-more-pain-for-bulls","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=89757","title":{"rendered":"XRP Price Crashes Below $3, More Pain for Bulls?"},"content":{"rendered":"<p><em>XRP price is gaining bearish pace below the $3.050 resistance zone. The price is struggling below $3.00 and remains at risk of more losses.<\/em><\/p>\n<p>XRP price is declining below the $3.020 and $3.00 levels.<br \/>\nThe price is now trading below $3.00 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bearish trend line forming with resistance at $3.00 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could continue to move down if it stays below the $3.10 zone.<\/p>\n<h2>XRP Price Dips In The Red<\/h2>\n<p>XRP price remained in a bearish zone after a close below the $3.120 level, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-extends-slide-112k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-extends-losses-3120\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price extended losses and traded below the $3.00 support zone.<\/p>\n<p>The price even declined below $2.920. Finally, it tested the $2.850 support zone. A low was formed at $2.850 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $3.095 swing high to the $2.850 low.<\/p>\n<p>The price is now trading below $3.00 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.90 level. The first major resistance is near the $2.920 level.<\/p>\n<p>A clear move above the $2.920 resistance might send the price toward the $3.00 resistance. There is also a bearish trend line forming with resistance at $3.00 on the hourly chart of the XRP\/USD pair. It is close to the 50% Fib retracement level of the downward move from the $3.095 swing high to the $2.850 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/XRP_Price_536aa1.png\"><\/a><\/p>\n<p>Any more gains might send the price toward the $3.050 resistance. The next major hurdle for the bulls might be near $3.120.<\/p>\n<h2>More Downside?<\/h2>\n<p>If XRP fails to clear the $2.920 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.850 level. The next major support is near the $2.80 level.<\/p>\n<p>If there is a downside break and a close below the $2.80 level, the price might continue to decline toward the $2.740 support. The next major support sits near the $2.720 zone, below which there could be a larger decline.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $2.850 and $2.740.<\/p>\n<p>Major Resistance Levels \u2013 $2.920 and $3.00.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price is gaining bearish pace below the $3.050 resistance zone. The price is struggling below $3.00 and remains at risk of more losses. XRP price is declining below the $3.020 and $3.00 levels. The price is now trading below $3.00 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":89758,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89757","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\/89757"}],"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=89757"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/89758"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}