NewsBTC
Jun 19, 2025
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XRP Price Declines Below $2.180 as Support Holds at $2.120

XRP price is declining, trading below $2.20 and the 100-hourly Simple Moving Average.

  • The price started a decline below $2.180.
  • A break above a bearish trend line occurred with resistance at $2.1550.
  • Support was tested at $2.120; consolidation of losses is currently happening.
  • A close above $2.20 could initiate a recovery wave.

XRP Price Analysis

The price reacted negatively after dropping below the $2.220 support zone. Key points include:

  • A low was formed at $2.120.
  • Resistance levels are near $2.180 and $2.20.
  • A clear move above $2.2250 may lead to further gains towards $2.2540 or $2.280.
  • If the price fails to surpass $2.20, it risks another decline.

Initial support is at $2.1420, with major support at $2.120. A drop below $2.120 might push the price down to $2.050 and potentially $2.020.

Technical indicators show:

  • MACD is losing momentum in the bearish zone.
  • RSI is near the 50 level.