BEARISH 📉 : XRP falls below $1.38, faces resistance at $1.3840 and $1.40
XRP slips below $1.38 as sellers cap rebounds at $1.3840–1.40
XRP broke $1.3840 and fell under $1.38 and the 100‑hour SMA. Price is consolidating; recovery faces $1.3840 and $1.40 resistance. Source: NewsBTC chart.
The drop echoed moves in Bitcoin and Ethereum. NewsBTC tracked parallel pullbacks in BTC and ETH (BTC analysis, ETH analysis).
A low printed at $1.3460. Price reclaimed the 50% Fib of $1.4061 to $1.3460, but stays below the 61.8% Fib near $1.3830 and a trendline at $1.3840. Data source: Kraken, via NewsBTC.
Key levels
- Resistance: $1.3830–1.3840, $1.3920, $1.4000, $1.420, $1.4250, $1.450, $1.4650
- Support: $1.3680, $1.3620, $1.3500, $1.3450, $1.3320, $1.320
Indicators
- MACD on hourly turns deeper bearish
- RSI on hourly holds below 50
Bias stays lower while below $1.3840. A close above $1.40 would open $1.42–1.4250. NewsBTC chart.