{"id":8252,"date":"2025-11-18T05:11:05","date_gmt":"2025-11-18T05:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-slips-toward-2-00-increasing-pressure-on-short-term-support-levels\/"},"modified":"2025-11-18T05:11:05","modified_gmt":"2025-11-18T05:11:05","slug":"xrp-price-slips-toward-2-00-increasing-pressure-on-short-term-support-levels","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-slips-toward-2-00-increasing-pressure-on-short-term-support-levels\/","title":{"rendered":"XRP Price Slips Toward $2.00, Increasing Pressure on Short-Term Support Levels"},"content":{"rendered":"<p><em>XRP price started a fresh decline from $2.250. The price is now showing bearish signs and might extend losses if it dips below $2.120.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh decline below the $2.250 zone.<\/li>\n<li>The price is now trading below $2.20 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a bearish trend line forming with resistance at $2.220 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 settles below $2.120.<\/li>\n<\/ul>\n<h2>XRP Price Dips Further<\/h2>\n<p>XRP price attempted a recovery wave above $2.30 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.250 and $2.20.<\/p>\n<p>There was a move below the $2.150 support level. A low was formed at $2.105, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $2.525 swing high to the $2.058 low.<\/p>\n<p>The price is now trading below $2.20 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.20 level. The first major resistance is near the $2.220 level. There is also a bearish trend line forming with resistance at $2.220 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-854858\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/XRP_Price_d9f7f2.png?resize=1024%2C493\" alt=\"XRP Price\" width=\"1024\" height=\"493\" \/><\/p>\n<p>A close above the trend line could send the price to $2.28. The next hurdle sits at $2.320 or the 50% Fib retracement level of the downward move from the $2.525 swing high to the $2.058 low. A clear move above the $2.320 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.450 resistance. The next major hurdle for the bulls might be near $2.50.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $2.220 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.120 level. The next major support is near the $2.10 level.<\/p>\n<p>If there is a downside break and a close below the $2.10 level, the price might continue to decline toward $2.050. The next major support sits near the $2.020 zone, below which the price could continue lower toward $1.880.<\/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 $2.120 and $2.050.<\/p>\n<p>Major Resistance Levels \u2013 $2.20 and $2.220.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh decline from $2.250. The price is now showing bearish signs and might extend losses if it dips below $2.120. XRP price started a fresh decline below the $2.250 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8253,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-8252","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\/8252","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=8252"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/8253"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=8252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=8252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=8252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}