XRP price started a decent increase above $2.120. The price is now correcting gains and might struggle to stay in a positive zone.

• XRP price started a downside correction and tested the $2.080 zone.
• The price is now trading below $2.120 and the 100-hourly Simple Moving Average.
• There is a bearish trend line forming with resistance at $2.110 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could start another increase if it clears $2.150.

XRP Price Dips Again

XRP price started a downside correction from the $2.220 zone, like Bitcoin and Ethereum. The price dipped below the $2.20 and $2.150 levels to enter a consolidation phase.

The price even dipped below the 50% Fib retracement level of the upward move from the $1.984 swing low to the $2.220 high. Besides, there is a bearish trend line forming with resistance at $2.110 on the hourly chart of the XRP/USD pair. However, the bulls remained active above the $2.080 support.

The price is now trading below $2.10 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.110 level and the trend line.

The first major resistance is near the $2.150 level, above which the price could rise and test $2.220. A clear move above the $2.220 resistance might send the price toward the $2.2850 resistance. Any more gains might send the price toward the $2.350 resistance. The next major hurdle for the bulls might be near $2.420.

Another Decline?

If XRP fails to clear the $2.150 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.080 level and the 61.8% Fib retracement level of the upward move from the $1.984 swing low to the $2.220 high. The next major support is near the $2.040 level.

If there is a downside break and a close below the $2.040 level, the price might continue to decline toward $2.00. The next major support sits near the $1.9850 zone, below which the price could continue lower toward $1.920.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.080 and $2.040.

Major Resistance Levels – $2.110 and $2.150.

XRP price started a recovery wave above $2.150. The price is now showing positive signs and might surge if it clears the $2.250 pivot level.

• XRP price started a recovery wave above the $2.120 zone.
• The price is now trading above $2.150 and the 100-hourly Simple Moving Average.
• There is a short-term contracting triangle forming with resistance at $2.20 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could continue to move up if it settles above $2.250.

XRP Price Eyes Upside Break

XRP price remained supported above $2.00 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $2.050 and $2.10 to enter a positive zone.

There was a clear move above the 61.8% Fib retracement level of the downward move from the $2.2750 swing high to the $1.9844 low. However, the price is now facing resistance near $2.220. There is also a short-term contracting triangle forming with resistance at $2.20 on the hourly chart of the XRP/USD pair.

The price is now trading above $2.150 and the 100-hourly Simple Moving Average. It seems to be consolidating near the 76.4% Fib retracement level of the downward move from the $2.2750 swing high to the $1.9844 low.

If there is a fresh upward move, the price might face resistance near the $2.20 level. The first major resistance is near the $2.220 level. A close above $2.220 could send the price to $2.250. The next hurdle sits at $2.350. A clear move above the $2.350 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.450 resistance. The next major hurdle for the bulls might be near $2.50.

Downside Correction?

If XRP fails to clear the $2.250 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.180 level. The next major support is near the $2.150 level.

If there is a downside break and a close below the $2.150 level, the price might continue to decline toward $2.10. The next major support sits near the $2.050 zone, below which the price could continue lower toward $2.00.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $2.180 and $2.150.

Major Resistance Levels – $2.220 and $2.250.

XRP price started a recovery wave from $1.9840. The price is now rising above $2.120 and might face hurdles near the $2.250 pivot level.

• XRP price started a recovery wave from the $1.9840 zone.
• The price is now trading above $2.120 and the 100-hourly Simple Moving Average.
• There was a break above a key bearish trend line with resistance at $2.150 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could continue to move up if it settles above $2.250.

XRP Price Recovers Over 5%

XRP price extended losses below the $2.050 support, like Bitcoin and Ethereum. The price even spiked below $2.00 before the bulls appeared. A low was formed at $1.9844, and the price is now attempting to recover.

There was a move above the $2.050 and $2.120 levels. The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $2.2750 swing high to the $1.9844 low. Besides, there was a break above a key bearish trend line with resistance at $2.150 on the hourly chart of the XRP/USD pair.

The price is now trading above $2.150 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.20 level or the 76.4% Fib retracement level of the downward move from the $2.2750 swing high to the $1.9844 low.

The first major resistance is near the $2.250 level. A close above $2.250 could send the price to $2.320. The next hurdle sits at $2.350. A clear move above the $2.350 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.450 resistance. The next major hurdle for the bulls might be near $2.50.

Another Decline?

If XRP fails to clear the $2.250 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.120 level. The next major support is near the $2.10 level.

If there is a downside break and a close below the $2.10 level, the price might continue to decline toward $2.050. The next major support sits near the $2.00 zone, below which the price could continue lower toward $1.920.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $2.120 and $2.10.

Major Resistance Levels – $2.20 and $2.250.

XRP price started a fresh decline below $2.10. The price is now struggling and faces resistance near the $2.050 pivot level.

• XRP price started a fresh decline below the $2.050 zone.
• The price is now trading below $2.050 and the 100-hourly Simple Moving Average.
• There is a bearish trend line forming with resistance at $2.120 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could continue to move down if it settles below $2.00.

XRP Price Dips Again

XRP price attempted a recovery wave above $2.150 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.10 and $2.050.

There was a move below the $2.00 support level. A low was formed at $1.984, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $2.275 swing high to the $1.984 low.

The price is now trading below $2.050 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.050 level. The first major resistance is near the $2.120 level. There is also a bearish trend line forming with resistance at $2.120 on the hourly chart of the XRP/USD pair. It is near the 50% Fib retracement level of the downward move from the $2.275 swing high to the $1.984 low.

A close above $2.120 could send the price to $2.20. The next hurdle sits at $2.250. A clear move above the $2.250 resistance might send the price toward the $2.2850 resistance. Any more gains might send the price toward the $2.350 resistance. The next major hurdle for the bulls might be near $2.40.

More Losses?

If XRP fails to clear the $2.050 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.00 level. The next major support is near the $1.9850 level.

If there is a downside break and a close below the $1.9850 level, the price might continue to decline toward $1.920. The next major support sits near the $1.880 zone, below which the price could continue lower toward $1.820.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.00 and $1.9850.

Major Resistance Levels – $2.050 and $2.120.

XRP price started a fresh decline below $2.150. The price is now struggling and faces resistance near the $2.10 pivot level.

• XRP price started a fresh decline below the $2.150 zone.
• The price is now trading below $2.120 and the 100-hourly Simple Moving Average.
• There was a break below a key bullish trend line with support at $2.180 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could continue to move down if it settles below $2.00.

XRP Price Dips Again

XRP price attempted a recovery wave above $2.150 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.120 and $2.10.

There was a move below the 50% Fib retracement level of the upward move from the $1.817 swing low to the $2.286 high. Besides, there was a break below a key bullish trend line with support at $2.180 on the hourly chart of the XRP/USD pair.

The price is now trading below $2.10 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.080 level. The first major resistance is near the $2.10 level. A close above $2.10 could send the price to $2.120. The next hurdle sits at $2.150. A clear move above the $2.150 resistance might send the price toward the $2.20 resistance. Any more gains might send the price toward the $2.250 resistance. The next major hurdle for the bulls might be near $2.320.

More Losses?

If XRP fails to clear the $2.10 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.00 level or the 61.8% Fib retracement level of the upward move from the $1.817 swing low to the $2.286 high. The next major support is near the $1.9250 level.

If there is a downside break and a close below the $1.9250 level, the price might continue to decline toward $1.850. The next major support sits near the $1.820 zone, below which the price could continue lower toward $1.80.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.00 and $1.9250.

Major Resistance Levels – $2.10 and $2.120.

XRP price started a steady increase above $2.220. The price is now struggling to clear $2.280 and might start a fresh decline below $2.150.

• XRP price started a fresh increase above the $2.20 zone.
• The price is now trading near $2.180 and the 100-hourly Simple Moving Average.
• There is a near bearish trend line forming with resistance at $2.2250 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could continue to move down if it dips below $2.150.

XRP Price Faces Resistance

XRP price started a decent upward move above $2.120 and $2.150, like Bitcoin and Ethereum. The price gained pace for a clear move above the $2.20 resistance.

The bulls even pumped the price above the $2.240 zone. A high was formed at $2.286 and the price started a downside correction. There was a move below the 23.6% Fib retracement level of the upward move from the $1.817 swing low to the $2.286 high.

The price is now trading near $2.180 and the 100-hourly Simple Moving Average. Besides, there is a near bearish trend line forming with resistance at $2.2250 on the hourly chart of the XRP/USD pair.

If there is a fresh upward move, the price might face resistance near the $2.2250 level. The first major resistance is near the $2.250 level, above which the price could rise and test $2.2850. A clear move above the $2.2850 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.4320 resistance. The next major hurdle for the bulls might be near $2.50.

Downside Continuation?

If XRP fails to clear the $2.250 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.10 level.

If there is a downside break and a close below the $2.10 level, the price might continue to decline toward $2.050 and the 50% Fib retracement level of the upward move from the $1.817 swing low to the $2.286 high. The next major support sits near the $2.00 zone, below which the price could continue lower toward $1.9250.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.150 and $2.050.

Major Resistance Levels – $2.250 and $2.280.