{"id":4492,"date":"2025-05-06T05:00:29","date_gmt":"2025-05-06T05:00:29","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-dips-further-key-support-levels-in-jeopardy\/"},"modified":"2025-05-06T05:00:29","modified_gmt":"2025-05-06T05:00:29","slug":"xrp-price-dips-further-key-support-levels-in-jeopardy","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-dips-further-key-support-levels-in-jeopardy\/","title":{"rendered":"XRP Price Dips Further: Key Support Levels In Jeopardy"},"content":{"rendered":"<p><em>XRP price started a downside correction below the $2.20 zone. The price is now declining and might extend losses toward the $2.020 level.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh decline below the $2.20 zone.<\/li>\n<li>The price is now trading below $2.180 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance near $2.1750 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might start another increase if there is a close above the $2.20 resistance.<\/li>\n<\/ul>\n<h2>XRP Price Dips Further<\/h2>\n<p>XRP price failed to continue higher above $2.25 and started a downside correction, like Bitcoin and Ethereum. The price declined below the $2.20 and $2.180 support levels.<\/p>\n<p>The bears even pushed the price below the $2.120 support zone. A low was formed at $2.095 and the price is now consolidating losses. It is trading below the 23.6% Fib retracement level of the downward move from the $2.2579 swing high to the $2.095 low.<\/p>\n<p>The price is now trading below $2.180 and the 100-hourly Simple Moving Average. Besides, there is a key bearish trend line forming with resistance near $2.1750 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>On the upside, the price might face resistance near the $2.1320 level. The first major resistance is near the $2.1750 level and the 50% Fib retracement level of the downward move from the $2.2579 swing high to the $2.095 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-744678\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/XRP_Price_38c477.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>The next resistance is $2.1950. A clear move above the $2.1950 resistance might send the price toward the $2.220 resistance. Any more gains might send the price toward the $2.250 resistance or even $2.30 in the near term. The next major hurdle for the bulls might be $2.320.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $2.1750 resistance zone, it could start another decline. Initial support on the downside is near the $2.10 level. The next major support is near the $2.080 level.<\/p>\n<p>If there is a downside break and a close below the $2.080 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.020 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 $2.10 and $2.080.<\/p>\n<p>Major Resistance Levels \u2013 $2.1320 and $2.1950.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a downside correction below the $2.20 zone. The price is now declining and might extend losses toward the $2.020 level. XRP price started a fresh decline below the $2.20 zone. The price is now trading below $2.180 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4493,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[149,148,150,151,152],"class_list":["post-4492","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\/4492","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=4492"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4493"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}