{"id":92175,"date":"2025-08-29T04:08:06","date_gmt":"2025-08-29T04:08:06","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=92175"},"modified":"2025-08-29T04:08:06","modified_gmt":"2025-08-29T04:08:06","slug":"xrp-price-warning-larger-correction-looms-after-recent-weakness","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=92175","title":{"rendered":"XRP Price Warning: Larger Correction Looms After Recent Weakness"},"content":{"rendered":"

XRP price is struggling to clear the $3.080 resistance zone. The price is now declining and might extend losses if it drops below $2.920.<\/em><\/p>\n

XRP price is correcting gains from the $3.080 resistance.
\nThe price is now trading near $2.9650 and the 100-hourly Simple Moving Average.
\nThere is a key bearish trend line forming with resistance at $3.020 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to decline if it stays below the $3.050 zone.<\/p>\n

XRP Price Faces Hurdles<\/h2>\n

XRP price started a downside correction from $3.0850, like Bitcoin<\/a> and Ethereum<\/a>. The price traded below the $3.0650 and $3.050 levels.<\/p>\n

The bears were able to push the price below $2.980 and the 100-hourly Simple Moving Average. Moreover, there was a spike below the 50% Fib retracement level of the upward move from the $2.824 swing low to the $3.080 high.<\/p>\n

The price is now trading below $2.9650 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $3.020 on the hourly chart of the XRP\/USD pair.<\/p>\n

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

If the bulls protect the $2.920 support, the price could attempt another increase. On the upside, the price might face resistance near the $3.00 level. The first major resistance is near the $3.020 level. A clear move above the $3.020 resistance might send the price toward the $3.080 resistance. Any more gains might send the price toward the $3.120 resistance. The next major hurdle for the bulls might be near $3.150.<\/p>\n

More Losses?<\/h2>\n

If XRP fails to clear the $3.020 resistance zone, it could continue to move down. Initial support on the downside is near the $2.920 level or the 61.8% Fib retracement level of the upward move from the $2.824 swing low to the $3.080 high. The next major support is near the $2.8850 level.<\/p>\n

If there is a downside break and a close below the $2.8850 level, the price might continue to decline toward $2.80. The next major support sits near the $2.780 zone, below which the price could gain bearish momentum.<\/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 $2.920 and $2.840.<\/p>\n

Major Resistance Levels \u2013 $3.020 and $3.080.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price is struggling to clear the $3.080 resistance zone. The price is now declining and might extend losses if it drops below $2.920. XRP price is correcting gains from the $3.080 resistance. The price is now trading near $2.9650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]<\/p>\n","protected":false},"author":0,"featured_media":92176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92175","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\/92175"}],"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=92175"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/92176"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}