{"id":10018,"date":"2026-02-17T05:11:05","date_gmt":"2026-02-17T05:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-action-tightens-as-traders-watch-for-breakout-or-breakdown\/"},"modified":"2026-02-17T05:11:05","modified_gmt":"2026-02-17T05:11:05","slug":"xrp-price-action-tightens-as-traders-watch-for-breakout-or-breakdown","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-action-tightens-as-traders-watch-for-breakout-or-breakdown\/","title":{"rendered":"XRP Price Action Tightens As Traders Watch For Breakout Or Breakdown"},"content":{"rendered":"<p><em>XRP price extended losses and traded below $1.520. The price is now consolidating losses but faces hurdles near $1.5150 and $1.520.<\/em><\/p>\n<ul>\n<li>XRP price started another decline and traded below the $1.550 zone.<\/li>\n<li>The price is now trading above $1.450 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a short-term bullish trend line forming with support at $1.4720 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could continue to move down if it stays below $1.550.<\/li>\n<\/ul>\n<h2>XRP Price Trims Most Gains<\/h2>\n<p>XRP price failed to stay above $1.60 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.550 and $1.520 to enter a short-term bearish zone.<\/p>\n<p>The price even extended losses below $1.50. A low was formed at $1.4437, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the downward move from the $1.6713 swing high to the $1.4437 low.<\/p>\n<p>The price is now trading above $1.450 and the 100-hourly Simple Moving Average. There is also a short-term bullish trend line forming with support at $1.4720 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>If there is a fresh recovery move, the price might face resistance near the $1.5150 level. The first major resistance is near the $1.520 level. A close above $1.520 could send the price to $1.550 and the 50% Fib retracement level of the downward move from the $1.6713 swing high to the $1.4437 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-881914\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/XRP_Price_375f8c.png?resize=1024%2C509\" alt=\"XRP Price \" width=\"1024\" height=\"509\" \/><\/p>\n<p>The next hurdle sits at $1.5840. A clear move above the $1.5840 resistance might send the price toward the $1.620 resistance. Any more gains might send the price toward the $1.650 resistance. The next major hurdle for the bulls might be near $1.6750.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $1.520 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.460 level or the trend line. The next major support is near the $1.440 level.<\/p>\n<p>If there is a downside break and a close below the $1.440 level, the price might continue to decline toward $1.380. The next major support sits near the $1.350 zone, below which the price could continue lower toward $1.3250.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now losing 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 $1.470 and $1.440.<\/p>\n<p>Major Resistance Levels \u2013 $1.520 and $1.550.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price extended losses and traded below $1.520. The price is now consolidating losses but faces hurdles near $1.5150 and $1.520. XRP price started another decline and traded below the $1.550 zone. The price is now trading above $1.450 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10019,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-10018","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:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=10018"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/10019"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=10018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=10018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=10018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}