XRP Price Bounce Looks Fragile, Fresh Decline Risks Begin Rising
Summary
XRP recovered above $1.290 and is consolidating after a rebound from $1.2677. Price is still below $1.320 and the 100-hour SMA, with bullish momentum fading as the hourly MACD weakens and RSI sits near 50. Near-term resistance is at $1.320, then $1.3280, with stronger barriers at $1.3350 and a bearish trend line around $1.3420. A close above $1.3420 could open a move toward $1.3650 and then $1.380. If XRP fails to clear $1.3350, downside support is at $1.300 and $1.290, with a break below $1.2720 potentially leading to $1.2650, then $1.2550 and $1.2250.
