{"id":6722,"date":"2025-09-01T04:11:03","date_gmt":"2025-09-01T04:11:03","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-declines-further-is-a-bigger-crash-on-the-horizon\/"},"modified":"2025-09-01T04:11:03","modified_gmt":"2025-09-01T04:11:03","slug":"xrp-price-declines-further-is-a-bigger-crash-on-the-horizon","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-declines-further-is-a-bigger-crash-on-the-horizon\/","title":{"rendered":"XRP Price Declines Further \u2013 Is a Bigger Crash on the Horizon?"},"content":{"rendered":"<p><em>XRP price is struggling to recover above the $3.00 resistance zone. The price is now declining and might extend losses if it drops below $2.70.<\/em><\/p>\n<ul>\n<li>XRP price is correcting gains below the $3.00 resistance.<\/li>\n<li>The price is now trading below $2.850 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $2.80 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could continue to decline if it stays below the $2.850 zone.<\/li>\n<\/ul>\n<h2>XRP Price Dips Below Support<\/h2>\n<p>XRP price started a fresh decline below $3.00, like Bitcoin and Ethereum. The price traded below the $2.950 and $2.920 levels to enter a bearish zone.<\/p>\n<p>The bears were able to push the price below $2.850 and the 100-hourly Simple Moving Average. Finally, the price declined below $2.80 and tested $2.74. A low was formed at $2.738 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $3.040 swing high to the $2.738 low.<\/p>\n<p>The price is now trading below $2.80 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $2.80 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>If the bulls protect the $2.720 support, the price could attempt another increase. On the upside, the price might face resistance near the $2.80 level. The first major resistance is near the $2.820 level. A clear move above the $2.820 resistance might send the price toward the $2.850 resistance.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-813162\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/XRP_Price.png?resize=1024%2C493\" alt=\"XRP Price \" width=\"1024\" height=\"493\" loading=\"lazy\" \/><\/p>\n<p>Any more gains might send the price toward the $2.90 resistance or the 50% Fib retracement level of the downward move from the $3.040 swing high to the $2.738 low. The next major hurdle for the bulls might be near $3.00.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $2.820 resistance zone, it could continue to move down. Initial support on the downside is near the $2.720 level. The next major support is near the $2.650 level.<\/p>\n<p>If there is a downside break and a close below the $2.650 level, the price might continue to decline toward $2.60. The next major support sits near the $2.50 zone, below which the price could gain bearish momentum.<\/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 $2.720 and $2.650.<\/p>\n<p>Major Resistance Levels \u2013 $2.850 and $2.90.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is struggling to recover above the $3.00 resistance zone. The price is now declining and might extend losses if it drops below $2.70. XRP price is correcting gains below the $3.00 resistance. The price is now trading below $2.850 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6723,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-6722","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\/6722","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=6722"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/6722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/6723"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=6722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=6722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=6722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}