NewsBTC
Jan 29, 2026
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BEARISH 📉 : XRP price declines below key support levels, faces further losses

XRP's price is experiencing a decline after failing to surpass $1.950, currently trading below key levels.

  • The price fell below $1.90 and the 100-hourly Simple Moving Average (SMA).
  • A break occurred below a bullish trend line with support at $1.910 on the hourly chart of XRP/USD.
  • XRP is trading under $1.880, facing resistance around $1.90 and $1.9250.

XRP Price

Potential Movement

  • If XRP rises above $1.950, it may approach the $2.00 resistance level.
  • Failure to clear $1.9250 could lead to further decline.
  • Initial support is near $1.860; next major support is at $1.8420.
  • Further declines might target the $1.820 and $1.80 zones.

Technical Indicators

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