{"id":4912,"date":"2025-05-27T05:00:35","date_gmt":"2025-05-27T05:00:35","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-slides-lower-whats-fueling-the-continued-downside\/"},"modified":"2025-05-27T05:00:35","modified_gmt":"2025-05-27T05:00:35","slug":"xrp-price-slides-lower-whats-fueling-the-continued-downside","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-slides-lower-whats-fueling-the-continued-downside\/","title":{"rendered":"XRP Price Slides Lower \u2014 What\u2019s Fueling the Continued Downside?"},"content":{"rendered":"<p><em>XRP price started a fresh decline from the $2.350 zone. The price is now moving lower and is currently at risk of more losses below $2.30.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh decline below the $2.30 zone.<\/li>\n<li>The price is now trading below $2.350 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a new connecting bearish trend line forming with resistance at $2.305 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might start another increase if it clears the $2.350 resistance.<\/li>\n<\/ul>\n<h2>XRP Price Eyes Dips Again<\/h2>\n<p>XRP price found support at $2.265 and recently started a recovery wave, following Bitcoin and Ethereum. There was a move above the $2.30 and $2.32 resistance levels,<\/p>\n<p>There was a move above the 23.6% Fib retracement level of the downward move from the $2.4767 swing high to the $2.2670 low. However, the bears were active near the $2.350 level. There is also a new connecting bearish trend line forming with resistance at $2.305 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price is now trading below $2.35 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.305 level and the trend line.<\/p>\n<p>The first major resistance is near the $2.340 level. The next resistance is $2.3720. It is near the 50% Fib retracement level of the downward move from the $2.4767 swing high to the $2.2670 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-759072\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/XRP_Price_8dbc3b.png?resize=1024%2C449\" alt=\"XRP Price \" width=\"1024\" height=\"449\" \/><\/p>\n<p>A clear move above the $2.370 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.420 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $2.3720 resistance zone, it could start another decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.2650 level.<\/p>\n<p>If there is a downside break and a close below the $2.2650 level, the price might continue to decline toward the $2.2350 support. The next major support sits near the $2.20 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 $2.2650 and $2.2350.<\/p>\n<p>Major Resistance Levels \u2013 $2.3720 and $2.420.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh decline from the $2.350 zone. The price is now moving lower and is currently at risk of more losses below $2.30. XRP price started a fresh decline below the $2.30 zone. The price is now trading below $2.350 and the 100-hourly Simple Moving Average. There is a new connecting bearish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4913,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[149,148,150,151,152],"class_list":["post-4912","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\/4912","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=4912"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4912\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4913"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}