XRP retests $1.3680 support as hourly RSI slips below 50
XRP slips below $1.4050 and retests $1.3680 support. Price hovers near $1.3720 and the 100‑hour SMA; a break under $1.3680 risks deeper losses.
XRP mirrors pullbacks in Bitcoin and Ethereum as the rally fades. It failed to hold $1.4120, fell through $1.4050 and $1.4020, and dipped under the 50% Fib of the $1.3217–$1.4430 swing. A bearish trend line caps near $1.3910. Source for comparative moves: NewsBTC on Bitcoin, NewsBTC on Ethereum.
Upside if $1.3680 holds. First hurdles sit at $1.3840 and $1.3920; a clean break above $1.40 opens $1.4140, then $1.4250. Bulls face a bigger test near $1.450.
Failure at $1.40 risks another leg down. Initial support is $1.370, then $1.3680 (61.8% Fib of the $1.3217–$1.4430 move). Below $1.3680, sellers target $1.340, $1.3250, and $1.3120. Next line after that is $1.3050.
Key levels for XRP:
- Resistance: $1.3910, $1.4000, $1.4140, $1.4250, $1.450
- Support: $1.370, $1.3680, $1.340, $1.3250, $1.3120, $1.3050
Indicators:
- MACD turns more negative on the hourly chart
- RSI slips below 50
