BEARISH 📉 : XRP struggles below $1.50, faces downside correction risks

  • XRP price attempted to surpass $1.50 but began a correction, falling below $1.450.
  • The price holds above $1.40 and the 100-hourly SMA, with support at $1.380.
  • A bearish trend line is forming at $1.410 on the hourly XRP/USD chart.
  • Resistance levels are at $1.410 and $1.450; surpassing these could lead to $1.50.
  • Failure to clear $1.410 may result in a decline to $1.3820 or lower supports at $1.3430 and $1.3250.

XRP Price

  • MACD indicates diminishing bearish momentum.
  • RSI is below the neutral level of 50, indicating potential further downside.
  • Key supports: $1.40, $1.3820; key resistances: $1.410, $1.450.