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14 hour ago
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BEARISH 📉 : XRP struggles below key resistance amid recovery attempts

XRP Price Analysis

  • XRP price declined below $1.5320 and attempted a recovery from the $1.5250 zone.
  • The current trading level is below $1.6220 and the 100-hourly Simple Moving Average.
  • A bearish trend line forms resistance at $1.6250 on the hourly XRP/USD chart.
  • Key resistances are at $1.6250, $1.650, and further at $1.7190 and $1.770.
  • Support levels to watch are $1.550, $1.5250, with potential declines toward $1.4650 if breached.

XRP Price

Technical indicators show:

  • MACD losing pace in the bearish zone.
  • RSI above the 50 level, indicating some recovery momentum.

If XRP fails to surpass $1.6250, another drop may occur with initial support at $1.550. Further decline could push prices towards $1.450.