XRP Price Slips Back Into Danger Territory With Bears In Control
By Aayush Jindal | 2026-06-02 03:08:30 | 3 months ago
XRP price extended losses and traded below $1.320.
The price is now consolidating losses and faces hurdles near $1.2880 and $1.30.
XRP price started another decline and traded below the $1.280 zone.
The price is now trading below $1.280 and the 100-hourly Simple Moving Average.
There is a bearish trend line forming with resistance at $1.3150 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could continue to move down if it stays below $1.30.
XRP Price Dips Below $1.280 XRP price failed to stay above $1.320 and extended its decline, like Bitcoin and Ethereum .
The price declined below $1.3050 and $1.30 to enter a short-term bearish zone.
The price even extended losses below $1.2880.
A low was formed at $1.2752, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3642 swing high to the $1.2752 low.
The price is now trading below $1.2880 and the 100-hourly Simple Moving Average.
If there is a fresh recovery move, the price might face resistance near the $1.2920 level.
The first major resistance is near the $1.2960 level.
The main resistance could be $1.3150 or the 50% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 low at $1.320.
A close above $1.320 could send the price to $1.3275.
The next hurdle sits at $1.340.
There is also a bearish trend line forming with resistance at $1.340 on the hourly chart of the XRP/USD pair.
A clear move above the $1.340 resistance might send the price toward the $1.3550 resistance.
Any more gains might send the price toward the $1.3750 resistance.
More Losses? If XRP fails to clear the $1.3150 resistance zone, it could start a fresh decline.
Initial support on the downside is near the $1.2750 level.
The next major support is near the $1.2550 level.
If there is a downside break and a close below the $1.2550 level, the price might continue to decline toward $1.2320.
The next major support sits near the $1.220 zone, below which the price could continue lower toward $1.20.
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 – $1.2750 and $1.2550.
Major Resistance Levels – $1.3000 and $1.3150.
The price is now consolidating losses and faces hurdles near $1.2880 and $1.30.
XRP price started another decline and traded below the $1.280 zone.
The price is now trading below $1.280 and the 100-hourly Simple Moving Average.
There is a bearish trend line forming with resistance at $1.3150 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could continue to move down if it stays below $1.30.
XRP Price Dips Below $1.280 XRP price failed to stay above $1.320 and extended its decline, like Bitcoin and Ethereum .
The price declined below $1.3050 and $1.30 to enter a short-term bearish zone.
The price even extended losses below $1.2880.
A low was formed at $1.2752, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3642 swing high to the $1.2752 low.
The price is now trading below $1.2880 and the 100-hourly Simple Moving Average.
If there is a fresh recovery move, the price might face resistance near the $1.2920 level.
The first major resistance is near the $1.2960 level.
The main resistance could be $1.3150 or the 50% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 low at $1.320.
A close above $1.320 could send the price to $1.3275.
The next hurdle sits at $1.340.
There is also a bearish trend line forming with resistance at $1.340 on the hourly chart of the XRP/USD pair.
A clear move above the $1.340 resistance might send the price toward the $1.3550 resistance.
Any more gains might send the price toward the $1.3750 resistance.
More Losses? If XRP fails to clear the $1.3150 resistance zone, it could start a fresh decline.
Initial support on the downside is near the $1.2750 level.
The next major support is near the $1.2550 level.
If there is a downside break and a close below the $1.2550 level, the price might continue to decline toward $1.2320.
The next major support sits near the $1.220 zone, below which the price could continue lower toward $1.20.
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 – $1.2750 and $1.2550.
Major Resistance Levels – $1.3000 and $1.3150.
keywords : XRP|Ripple|XRPBTC|XRPUSD|xrpusdt
sentiment : NEGATIVE
category data : BTC | ETH | TRADING | XRP | CRYPTOCURRENCY