BEARISH 📉 : XRP price continues decline below key resistance levels

XRP Price Analysis

  • XRP declined below $1.420, entering a short-term bearish zone.
  • Price is trading under $1.420 and the 100-hourly SMA.
  • A key bearish trend line exists with resistance at $1.4620.
  • Resistance levels: $1.4320, $1.450, and $1.4620.
  • A move above $1.4620 could lead to $1.480 and higher.
  • Support levels: $1.3980, $1.3850, and potentially down to $1.320 if declines continue.

XRP Price

Technical Indicators

  • Hourly MACD: Gaining pace in bearish territory.
  • Hourly RSI: Below 50, indicating weaker momentum.