{"id":10301,"date":"2026-03-04T05:11:05","date_gmt":"2026-03-04T05:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-begins-consolidation-breakout-pressure-gradually-builds\/"},"modified":"2026-03-04T05:11:05","modified_gmt":"2026-03-04T05:11:05","slug":"xrp-price-begins-consolidation-breakout-pressure-gradually-builds","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-begins-consolidation-breakout-pressure-gradually-builds\/","title":{"rendered":"XRP Price Begins Consolidation, Breakout Pressure Gradually Builds"},"content":{"rendered":"<p><em>XRP price failed to stay above $1.420 and started a downside correction. The price is now holding the $1.3320 support and might aim for another increase.<\/em><\/p>\n<ul>\n<li>XRP price started a downside correction and declined below $1.380.<\/li>\n<li>The price is now trading below $1.3740 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a new bearish trend line forming with resistance at $1.3880 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start another increase if it stays above $1.3320.<\/li>\n<\/ul>\n<h2>XRP Price Dips To Support<\/h2>\n<p>XRP price failed to stay above $1.40 and started a downside correction, like Bitcoin and Ethereum. The price dipped below the $1.3920 and $1.3880 levels to enter a negative zone.<\/p>\n<p>The price even dipped below the 50% Fib retracement level of the upward move from the $1.2702 swing low to the $1.4330 high. Besides, there is a new bearish trend line forming with resistance at $1.3880 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The bulls are now active above the $1.3320 zone. The price is now trading below $1.3750 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.370 level. The first major resistance is near the $1.3880 level, above which the price could rise and test $1.40.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-885177\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/XRP_Price_634083.png?resize=1024%2C512\" alt=\"XRP Price \" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>A clear move above the $1.40 resistance might send the price toward the $1.4320 resistance. Any more gains might send the price toward the $1.450 resistance. The next major hurdle for the bulls might be near $1.50.<\/p>\n<h2>Downside Break?<\/h2>\n<p>If XRP fails to clear the $1.3880 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3320 level or the 61.8% Fib retracement level of the upward move from the $1.2702 swing low to the $1.4330 high. The next major support is near the $1.3085 level.<\/p>\n<p>If there is a downside break and a close below the $1.3085 level, the price might continue to decline toward $1.2880. The next major support sits near the $1.2650 zone, below which the price could continue lower toward $1.250.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish 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 $1.3320 and $1.3085.<\/p>\n<p>Major Resistance Levels \u2013 $1.3880 and $1.4000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price failed to stay above $1.420 and started a downside correction. The price is now holding the $1.3320 support and might aim for another increase. XRP price started a downside correction and declined below $1.380. The price is now trading below $1.3740 and the 100-hourly Simple Moving Average. There is a new bearish trend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10302,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-10301","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\/10301","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=10301"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/10302"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=10301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=10301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=10301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}