{"id":4966,"date":"2025-05-30T05:00:30","date_gmt":"2025-05-30T05:00:30","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-slips-again-is-a-deeper-correction-underway\/"},"modified":"2025-05-30T05:00:30","modified_gmt":"2025-05-30T05:00:30","slug":"xrp-price-slips-again-is-a-deeper-correction-underway","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-slips-again-is-a-deeper-correction-underway\/","title":{"rendered":"XRP Price Slips Again \u2014 Is a Deeper Correction Underway?"},"content":{"rendered":"<p><em>XRP price started a fresh decline below the $2.280 zone. The price is now correcting losses and might aim for a move above the $2.250 resistance.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh decline below the $2.280 zone.<\/li>\n<li>The price is now trading below $2.270 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $2.270 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might start another decline if it fails to clear the $2.2440 level.<\/li>\n<\/ul>\n<h2>XRP Price Dips Further<\/h2>\n<p>XRP price failed to clear the $0.3550 resistance and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $0.3000 and $0.280 support levels.<\/p>\n<p>The price even dipped below the $0.220 support level. A low was formed at $0.2132 and the price is now consolidating losses. There was a minor move above the $0.220 level. The price cleared the 23.6% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2132 low.<\/p>\n<p>The price is now trading below $2.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.2440 level. It is near the 50% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2132 low.<\/p>\n<p>The first major resistance is near the $2.270 level. There is also a key bearish trend line forming with resistance at $2.270 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-761709\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/XRP_Price_d5a57b.png?resize=1024%2C449\" alt=\"XRP Price\" width=\"1024\" height=\"449\" \/><\/p>\n<p>The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.3650 in the near term. The next major hurdle for the bulls might be $2.420.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $2.270 resistance zone, it could start another decline. Initial support on the downside is near the $2.180 level. The next major support is near the $2.160 level.<\/p>\n<p>If there is a downside break and a close below the $2.160 level, the price might continue to decline toward the $2.120 support. The next major support sits near the $2.080 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 $2.180 and $2.160.<\/p>\n<p>Major Resistance Levels \u2013 $2.2440 and $2.270.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh decline below the $2.280 zone. The price is now correcting losses and might aim for a move above the $2.250 resistance. XRP price started a fresh decline below the $2.280 zone. The price is now trading below $2.270 and the 100-hourly Simple Moving Average. There is a key bearish trend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4967,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[149,148,150,151,152],"class_list":["post-4966","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\/4966","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=4966"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4967"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}