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BEARISH 📉 : XRP struggles below $1.40, risks further decline if resistance holds
XRP Price Overview:
- XRP began a recovery wave above $1.3750 but struggled near $1.3980.
- Currently trading below $1.40 and the 100-hourly SMA.
- A bearish trend line is forming with resistance at $1.4100 on the XRP/USD hourly chart.
- Potential for upward movement if price consolidates above $1.40.
XRP Price Challenges
The price remained supported above $1.3120, initiating recovery similar to Bitcoin and Ethereum. It moved above $1.3350 and $1.350, entering a short-term positive zone.
- Overcame the 50% Fib retracement from $1.4244 high to $1.3125 low.
- Struggled to maintain above $1.3950.
- Resistance expected around $1.3980 and 76.4% Fib retracement level.

Key Resistance Levels
- First major resistance at $1.4050; surpassing this could target $1.4120.
- Further hurdles at $1.4250, potentially leading to $1.450 and $1.50.
Potential Decline
- If unable to clear $1.40 resistance, XRP may decline.
- Initial support at $1.3650, major support at $1.350.
- Breaking below $1.350 could lead to declines toward $1.3320 or $1.3220.
Technical Indicators
- Hourly MACD: Gaining pace in bullish zone.
- Hourly RSI: Above 50 level.
- Major Supports: $1.3650, $1.3500.
- Major Resistances: $1.4000, $1.4120.