XRP Price Crashes 15%, Slips Under $0.40: Difficult Recovery Ahead

2024-7-5 06:58

XRP price tumbled and dived below the $0.400 support zone. The price is consolidating losses and might struggle to recover above the $0.4150 resistance.

XRP price gained bearish momentum below the $0.4240 support zone. The price is now trading below $0.4250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.4150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might recover, but the upsides might be limited above $0.4050 and $0.4150. XRP Price Takes Hit

XRP price struggled to clear the $0.4550 resistance and started a fresh decline, like Bitcoin and Ethereum. The bears took control and pushed the price below the $0.4240 support.

The pair even declined heavily below the $0.4150 support level. Finally, it even spiked below the $0.400 support. A low was formed at $0.3826 and the price is now correcting losses. There was a recovery wave above the $0.3920 resistance.

The price climbed above the 23.6% Fib retracement level of the recent decline from the $0.4467 swing high to the $0.3862 low. It is now trading below $0.4250 and the 100-hourly Simple Moving Average.

On the upside, the price is facing resistance near the $0.4050 level. The first major resistance is near the $0.4150 level and the 50% Fib retracement level of the recent decline from the $0.4467 swing high to the $0.3862 low. There is also a key bearish trend line forming with resistance at $0.4150 on the hourly chart of the XRP/USD pair.

The next key resistance could be $0.4220. A clear move above the $0.4220 resistance might send the price toward the $0.4380 resistance. The next major resistance is near the $0.4450 level. Any more gains might send the price toward the $0.4650 resistance.

More Losses?

If XRP fails to clear the $0.4150 resistance zone, it could start another decline. Initial support on the downside is near the $0.390 level.

The next major support is at $0.3850. If there is a downside break and a close below the $0.3850 level, the price might continue to decline toward the $0.3620 support in the near term.

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 – $0.390 and $0.3850.

Major Resistance Levels – $0.4050 and $0.4150.

origin »

Bitcoin price in Telegram @btc_price_every_hour

ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -2.75 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 467.1 (-100%)

price xrp below might consolidating struggle losses

Источник: newsbtc.com

price xrp → Результатов: 126


Crypto Price Prediction For Today, April 8: Bittensor (TAO), XRP, Dogecoin (DOGE)

Bittensor, XRP, and Dogecoin enter today’s session from very different technical positions, and that contrast matters more than anything else right now. TAO price has spent the last month in a strong advance, XRP price has stayed trapped inside a broad range, and DOGE price has kept a mild bullish structure without breaking too far […] The post Crypto Price Prediction For Today, April 8: Bittensor (TAO), XRP, Dogecoin (DOGE) appeared first on CaptainAltcoin.

2026-4-8 11:00


Фото:

XRP Is About To Create History With This Latest Move

Crypto analyst Austin is making a bold claim about XRP’s latest price action, and if he is right, the cryptocurrency could make history. Following a decline below $1. 4 earlier this week, Austin believes XRP is now setting the stage for a move that could change its price trajectory, potentially ending its ongoing corrective phase and triggering a breakout into price discovery mode.

2026-2-27 23:00


Фото:

XRP Price News as Token Struggles in February, but DeepSnitch AI Defies the Bears With Shipped Tools and a 1000x Run Plausible in Early 2026

Above 80% of tokens launched in 2025 now sit below their listing price, with typical drawdowns of 50% to 70% inside 90 days. Those numbers, taken from DWF Labs data, are a reason for pause, and they also explain why capital is rotating from tokens into publicly listed crypto companies at a pace nobody could […] The post XRP Price News as Token Struggles in February, but DeepSnitch AI Defies the Bears With Shipped Tools and a 1000x Run Plausible in Early 2026 appeared first on CaptainAltcoin.

2026-2-25 22:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Is Wall Street Really Buying XRP Or Are They Waiting For Something Else To Happen?

Wall Street’s recent buying activity in XRP has drawn growing attention, but the reality may be more nuanced than headlines suggest. While some major institutions have taken positions in XRP-related investment products, the timing, scale and structure of these holdings indicate that they may be waiting for a broader trigger before committing fully to the […]

XRP Open Interest Surges As Price Slides—More Volatility Ahead?

Data shows the XRP Open Interest has witnessed a notable surge alongside the asset’s price drop, a sign that investors have been putting up fresh bets. XRP Open Interest Has Shot Up Over The Past Day As pointed out by CryptoQuant community analyst Maartunn in an X post, the XRP Open Interest has seen a jump recently.

XRP Season About To Start? Historical Oversold Levels Point To Major Rally

A decade of price data, a modified RSI sitting at 33, and a macro support line that has survived every significant crash since 2014. This is the current state of XRP’s price action, and according to a technical outlook, the cryptocurrency is now moving around at the exact geometric coordinate where its most explosive historical […]

Is BlackRock Going Into XRP? This Ripple Move Could Be The Game-Changer

The world’s largest asset manager has yet to file for a spot XRP exchange-traded fund, but a growing body of evidence suggests the distance between BlackRock and that step is narrowing.  Discussion regarding whether BlackRock is preparing to move into XRP has picked up again, but the real reason is not coming from filings or […]