{"id":10153,"date":"2026-02-24T05:11:05","date_gmt":"2026-02-24T05:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-tests-crucial-floor-bearish-bias-strengthens-further\/"},"modified":"2026-02-24T05:11:05","modified_gmt":"2026-02-24T05:11:05","slug":"xrp-price-tests-crucial-floor-bearish-bias-strengthens-further","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-tests-crucial-floor-bearish-bias-strengthens-further\/","title":{"rendered":"XRP Price Tests Crucial Floor, Bearish Bias Strengthens Further"},"content":{"rendered":"<p><em>XRP price extended losses and traded below $1.350. The price is now consolidating losses but faces hurdles near $1.3650 and $1.3760.<\/em><\/p>\n<ul>\n<li>XRP price started another decline and traded below the $1.3450 zone.<\/li>\n<li>The price is now trading below $1.350 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $1.4250 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 $1.40.<\/li>\n<\/ul>\n<h2>XRP Price Extends Losses<\/h2>\n<p>XRP price failed to stay above $1.3880 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.3750 and $1.3650 to enter a short-term bearish zone.<\/p>\n<p>The price even extended losses below $1.3450. A low was formed at $1.3275, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $1.4244 swing high to the $1.3275 low.<\/p>\n<p>The price is now trading below $1.350 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.3650 level. The first major resistance is near the $1.3750 level or the 50% Fib retracement level of the downward move from the $1.4244 swing high to the $1.3275 low.<\/p>\n<p>The main resistance could be $1.40. A close above $1.40 could send the price to $1.4250. There is also a key bearish trend line forming with resistance at $1.4250 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-883412\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/XRP_Price_d5413f.png?resize=1024%2C509\" alt=\"XRP Price\" width=\"1024\" height=\"509\" \/><\/p>\n<p>The next hurdle sits at $1.4450. A clear move above the $1.4450 resistance might send the price toward the $1.4840 resistance. Any more gains might send the price toward the $1.50 resistance. The next major hurdle for the bulls might be near $1.5150.<\/p>\n<h2>Downside Break?<\/h2>\n<p>If XRP fails to clear the $1.3750 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3275 level. The next major support is near the $1.3200 level.<\/p>\n<p>If there is a downside break and a close below the $1.3200 level, the price might continue to decline toward $1.3050. The next major support sits near the $1.30 zone, below which the price could continue lower toward $1.2840.<\/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 $1.3275 and $1.3200.<\/p>\n<p>Major Resistance Levels \u2013 $1.3650 and $1.3750.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price extended losses and traded below $1.350. The price is now consolidating losses but faces hurdles near $1.3650 and $1.3760. XRP price started another decline and traded below the $1.3450 zone. The price is now trading below $1.350 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10154,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-10153","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\/10153","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=10153"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/10154"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=10153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=10153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=10153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}