XRP price extended losses and traded below $1.880, signaling continued downside pressure. The cryptocurrency remains in a consolidation phase and could decline further if it stays below $1.920.
The price is trading below $1.90 and the 100-hour simple moving average, with a key bearish trend line forming near $1.885 on the hourly XRPUSD chart. If the price remains under $1.90, the near-term momentum could stay bearish.
XRP failed to hold above $1.950 and began another decline, slipping below $1.920 and $1.90 into a short-term bearish zone. A local low near $1.810 was formed, followed by a partial rebound that remained below the 23.6% Fibonacci retracement of the move from $1.963 to $1.810.
Near-term resistance sits around $1.885–$1.90, and a close above this area would be needed to shift the bias. If buyers manage to push above $1.90, the next upside targets lie near $2.00 and $2.05, with a broader resistance around $2.20.
On the downside, immediate support is near $1.840, followed by $1.820. A break below $1.820 could open a path toward $1.78. Technical indicators, including the hourly MACD, point to renewed bearish momentum for XRPUSD.













Leave a Reply