📉 XRP Slides Through Support — Is a Bigger Drop Brewing? A
CryptoPotato
Updated at: 5 hours ago
{"content":"📉 XRP Slides Through Support — Is a Bigger Drop Brewing?
A new fall below $2.20 began for XRP. The price is consolidating losses and may go below $2.150.
A new fall below $2.20 began for XRP.
The price is below $2.20 and the 100-hour SMA.
XRP/USD broke below a crucial bullish trend line with support around $2.180 on the hourly chart.
If it breaks $2.120, the pair may fall again.
XRP Falls Again
Bitcoin and Ethereum fell after XRP failed to get beyond $2.280. Price fell below $2.250 and $2.220 support.
Additionally, the hourly XRP/USD chart broke below a crucial bullish trend line with support around $2.180. Pair tried $2.150 support The price hit a low at $2.1425 and is consolidating losses below the 23.6% Fib retracement level of the latest slide from the $2.335 swing high to the $2.145 low.
The price is below $2.220 and the 100-hour SMA. Price may find resistance at $2.1880 on the upside. Near $2.20 is the first substantial resistance.
Next barrier is $2.240, the 50% Fib retracement of the latest slide from the $2.335 swing high to the $2.145 low. A clean break over $2.240 might push the market above $2.280. More advances might push the price toward $2.320 or $2.350. The bulls may face $2.40 next.
More Losses?
XRP may fall again if it fails to break $2.220. Around $2.150 is first downward support. Near $2.120 is the next key support.
A bearish break and closing below $2.120 might push the stock below $2.050. Near $2.020 is the next important support.
Tech Indicators
The hourly MACD for XRP/USD is moving bearishly.
Relative Strength Index hourly XRP/USD RSI is below 50.
Major Support Levels: $2.150, $2.120.
Two major resistance levels: $2.20 and $2.220.
#xrp #FOMCMeeting #MetaplanetBTCPurchase #IsraelIranConflict #SaylorBTCPurchase $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/18/5ab3d19b0c184b3cbc068e4259eafc15.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}