XRP Price Fights to Hold Ground – Mounting Risks Signal Fresh Decline for the Token

XRP teeters on the edge as support levels crumble—traders brace for another leg down.

The Struggle for Stability

Ripple's digital asset faces mounting pressure after failing to maintain crucial price floors. Selling volume spikes while buy orders thin out across major exchanges.

Technical Breakdown Accelerates

Key moving averages flipped from support to resistance in rapid succession. The token now tests levels not seen since last quarter's regulatory uncertainty.

Market Psychology Shifts

Whale wallets move holdings to exchanges at alarming rates—typically a precursor to liquidations. Retail investors follow suit, creating a classic cascade effect.

Just another day in crypto where 'fundamentals' take a backseat to panic cycles and leveraged positions getting wiped out.

XRP Price At Risk of Another Decline

XRP price failed to stay above the $3.00 pivot level and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $2.920 and $2.90 support levels.

The bears even pushed the price below $2.80. A low was formed NEAR the $2.678 support, and the price recently started a recovery wave. There was a move above the 23.6% Fib retracement level of the recent decline from the $3.138 swing high to the $2.678 low.

However, the bears are active near the $2.90 resistance. The price is now trading below $2.90 and the 100-hourly Simple Moving Average. Besides, there is a bearish trend line forming with resistance at $2.90 on the hourly chart of the XRP/USD pair.

On the upside, the price might face resistance near the $2.880 level. The first major resistance is near the $2.90 level and the trend line. It is close to the 50% Fib retracement level of the recent decline from the $3.138 swing high to the $2.678 low.

A clear MOVE above the $2.90 resistance might send the price toward the $2.950 resistance. Any more gains might send the price toward the $3.00 resistance. The next major hurdle for the bulls might be near $3.120.

Another Decline?

If XRP fails to clear the $2.90 resistance zone, it could continue to move down. Initial support on the downside is near the $2.780 level. The next major support is near the $2.7150 level.

If there is a downside break and a close below the $2.7150 level, the price might continue to decline toward $2.650. The next major support sits near the $2.60 zone, below which the price could gain bearish momentum.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.780 and $2.7150.

Major Resistance Levels – $2.90 and $2.950.