XRP breaks $1.3550; failure at $1.38 risks drop to $1.32

XRP slips under $1.3550. Price consolidates below the 100-hour SMA, with sellers capping rebounds under $1.380.

The drop mirrored moves in Bitcoin (NewsBTC analysis) and Ethereum (NewsBTC analysis).

XRP lost $1.3650 and $1.3550. It printed a $1.3217 low and now sits below $1.3620 and the 100-hour SMA. A bearish trendline blocks $1.3520 on the hourly chart (Kraken data).

The 23.6% Fib of the $1.4739 to $1.3217 drop is still above price. Bulls need stronger confirmation.

• Resistance: $1.3520 trendline, $1.380, $1.3980 (50% Fib), then $1.420, $1.4250, $1.450, $1.4750, $1.50
• Support: $1.3365, $1.3220, $1.3120, $1.3080, $1.30

Below $1.380, risk stays lower. A close under $1.3220 opens $1.3120–$1.30.

MACD eases in the bearish zone. RSI holds above 50.