{"id":3746,"date":"2025-03-28T06:00:30","date_gmt":"2025-03-28T06:00:30","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-slides-slowly-is-a-bigger-drop-coming\/"},"modified":"2025-03-28T06:00:30","modified_gmt":"2025-03-28T06:00:30","slug":"xrp-price-slides-slowly-is-a-bigger-drop-coming","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-slides-slowly-is-a-bigger-drop-coming\/","title":{"rendered":"XRP Price Slides Slowly\u2014Is a Bigger Drop Coming?"},"content":{"rendered":"<p><em>XRP price started a fresh decline below the $2.420 zone. The price is now showing a few bearish signs and might decline below the $2.30 level.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh decline after it failed to clear the $2.420 resistance zone.<\/li>\n<li>The price is now trading below $2.40 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might extend losses if it breaks the $2.30 support zone.<\/li>\n<\/ul>\n<h2>XRP Price Extends Losses<\/h2>\n<p>XRP price failed to continue higher above the $2.420 resistance zone and reacted to the downside, like Bitcoin and Ethereum. The price declined below the $2.40 and $2.35 levels.<\/p>\n<p>The pair even tested the $2.30 zone. A low was formed at $2.301 and the price is now consolidating losses. The current price action is bearish below the 23.6% Fib retracement level of the recent decline from the $2.478 swing high to the $2.301 low.<\/p>\n<p>The price is now trading below $2.38 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.35 level. There is also a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The first major resistance is near the $2.3850 level or the 50% Fib retracement level of the recent decline from the $2.478 swing high to the $2.301 low. The next resistance is $2.420.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-719772\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/XRP_Price_b42432.png?resize=1024%2C449\" alt=\"XRP Price\" width=\"1024\" height=\"449\" \/><\/p>\n<p>A clear move above the $2.420 resistance might send the price toward the $2.450 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.620.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $2.40 resistance zone, it could start another decline. Initial support on the downside is near the $2.30 level. The next major support is near the $2.20 level.<\/p>\n<p>If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.120 support. The next major support sits near the $2.050 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $2.30 and $2.20.<\/p>\n<p>Major Resistance Levels \u2013 $2.40 and $2.420.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh decline below the $2.420 zone. The price is now showing a few bearish signs and might decline below the $2.30 level. XRP price started a fresh decline after it failed to clear the $2.420 resistance zone. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3747,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[149,148,150,151,152],"class_list":["post-3746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrp","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=3746"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3747"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}