XRP Price Stumbles – Brace for a Steeper Drop or Just a Temporary Dip?

XRP wobbles as bulls lose their footing—is this the calm before another storm?

Signs of weakness emerge

The digital asset's recent performance has traders nervously checking their portfolios. After showing promise earlier this month, XRP's chart now paints a less rosy picture. Key support levels loom dangerously close.

Market watchers divided

Some analysts see this as healthy consolidation before the next leg up. Others whisper about 'overleveraged longs' and 'reckless optimism'—but then again, when has crypto ever lacked those?

Technical indicators flash warning signs

RSI dipping below neutral, volume drying up—classic pullback signals. Though in crypto-land, 'classic' patterns have about as much predictability as a Wall Street analyst's year-end price target.

Make or break moment ahead

Either this is the discount everyone's been waiting for, or proof that even digital assets can't defy gravity forever. Place your bets—the house always wins.

XRP Price Dips Below Support

XRP price started a fresh decline from the $3.330 zone, like Bitcoin and Ethereum. The price declined below the $3.2850 and $3.250 support levels.

The price dipped below the 50% Fib retracement level of the upward MOVE from the $3.004 swing low to the $3.330 high. Besides, there was a break below a key bullish trend line with support at $3.240 on the hourly chart of the XRP/USD pair.

The decline was such that the price traded below the $3.120 level. The price is now trading below $3.150 and the 100-hourly Simple Moving Average.

On the upside, the price might face resistance NEAR the $3.1680 level. The first major resistance is near the $3.220 level. A clear move above the $3.220 resistance might send the price toward the $3.250 resistance. Any more gains might send the price toward the $3.330 resistance or even $3.350 in the near term. The next major hurdle for the bulls might be near the $3.40 zone.

Another Drop?

If XRP fails to clear the $3.250 resistance zone, it could start another decline. Initial support on the downside is near the $3.080 level or the 76.4% Fib retracement level of the upward move from the $3.004 swing low to the $3.330 high. The next major support is near the $3.050 level.

If there is a downside break and a close below the $3.050 level, the price might continue to decline toward the $3.020 support. The next major support sits near the $3.00 zone where the bulls might take a stand.

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 – $3.080 and $3.00.

Major Resistance Levels – $3.1680 and $3.250.