NewsBTC
Nov 5, 2025
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XRP Price Declines Below $2.30, Faces Bearish Trend

Key Points on XRP Price Movement:

  • XRP price is experiencing a decline, trading below $2.30 and the 100-hourly Simple Moving Average.
  • A bearish trend line presents resistance at $2.250 on the hourly chart of XRP/USD.
  • The price tested a low at $2.066 and is correcting some losses, with potential resistance near $2.250 and $2.30 levels.
  • A move above $2.3650 may lead to testing $2.420 and further resistance at $2.450 and $2.50.

Potential Decline Risks:

  • If unable to surpass $2.30 resistance, XRP might see further declines.
  • Initial support is around $2.180, followed by $2.150.
  • A break below $2.150 could drive the price toward $2.050 and potentially $1.850.

Technical Indicators:

  • Hourly MACD indicates slowing momentum in the bearish zone.
  • Hourly RSI is below the 50 level, indicating continued bearish pressure.

XRP Price