XRP Price Falls Below $1.90, Faces Further Decline Risks

XRP price has declined below $1.880 and is currently consolidating. If it remains under $1.920, further decline is possible.

  • XRP initiated a fresh decline below the $1.90 mark.
  • It trades below $1.90 and the 100-hourly Simple Moving Average.
  • A bearish trend line with resistance at $1.885 is forming on the hourly chart of XRP/USD (source: Kraken).
  • The price could continue its downturn if it stays under $1.90.

XRP failed to maintain above $1.950, declining below $1.920 and $1.90, entering a short-term bearish phase. The low was marked at $1.810, followed by consolidation; recovery saw a rise above $1.850 but faced resistance at $1.885.

XRP Price

  • Resistance Levels: $1.8850, $1.90, and potentially up to $2.20.
  • Support Levels: $1.840, $1.820, and possibly down to $1.70 if breached.

Technical Indicators:

  • Hourly MACD: Gaining pace in the bearish zone.
  • Hourly RSI: Near the 50 level.