XRP Price Troubles Aren’t Over Yet As Downside Risks Mount
Summary
XRP has turned bearish after failing to hold above $1.1550 and slipping below $1.150 and $1.1420. It is now trading below $1.1350 and the 100-hour simple moving average, with momentum weakening as RSI falls below 50 and MACD remains bearish. Near-term resistance sits at $1.120 and then $1.1350; a break above $1.1420 could open moves toward $1.1550 and $1.1650. On the downside, $1.10 is the key support, followed by $1.080. A close below $1.080 could accelerate losses toward $1.0650, $1.050, and potentially $1.020 or $1.00.
