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BEARISH 📉 : XRP trades below $1.135 and 100-hour moving average, risks $1.08 break
XRP slips after losing $1.1550. Price sits below $1.1350 and the 100‑hour SMA, with $1.10–$1.08 in view.
Bears capped the bounce at a trendline near $1.120 on the hourly XRP/USD chart. Bulls defend $1.10 for now.
The move tracks weakness in Bitcoin and Ethereum. Indicators stay soft: MACD loses momentum; RSI sits below 50.
Key levels for XRP:
- Immediate resistance at $1.120 and $1.1350
- Break above $1.1420 opens $1.1550, then $1.1650 and $1.1840
- Support at $1.10, then $1.080 (76.4% Fib of $1.050–$1.1862)
- Below $1.080 targets $1.0650, $1.050, $1.020, then $1.00
Chart and levels per NewsBTC hourly analysis of XRP/USD on Kraken data.
