{"id":9775,"date":"2026-02-04T05:11:04","date_gmt":"2026-02-04T05:11:04","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-recovery-mode-engaged-bulls-hunt-an-upside-break\/"},"modified":"2026-02-04T05:11:04","modified_gmt":"2026-02-04T05:11:04","slug":"xrp-price-recovery-mode-engaged-bulls-hunt-an-upside-break","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-recovery-mode-engaged-bulls-hunt-an-upside-break\/","title":{"rendered":"XRP Price Recovery Mode Engaged \u2014 Bulls Hunt An Upside Break"},"content":{"rendered":"<p><em>XRP price extended losses and traded below $1.5320. The price is now attempting to recover but faces hurdles near $1.6250 and $1.650.<\/em><\/p>\n<ul>\n<li>XRP price started a recovery wave from the $1.5250 zone.<\/li>\n<li>The price is now trading below $1.6220 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $1.6250 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 $1.6350.<\/li>\n<\/ul>\n<h2>XRP Price Recovery Faces Hurdles<\/h2>\n<p>XRP price failed to stay above $1.550 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.5250 and $1.520 to enter a short-term bearish zone.<\/p>\n<p>The price even spiked below $1.5120. A low was formed at $1.50, and the price is now attempting to recover. There was a move above the $1.550 level. The price already attempted to settle above the 23.6% Fib retracement level of the downward move from the $1.93 swing high to the $1.50 low but failed.<\/p>\n<p>The price is now trading below $1.6220 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.6220 level. There is also a key bearish trend line forming with resistance at $1.6250 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-879266\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/XRP_Price_0802fd.png?resize=1024%2C509\" alt=\"XRP Price \" width=\"1024\" height=\"509\" \/><\/p>\n<p>The first major resistance is near the $1.650 level. A close above $1.650 could send the price to $1.7190 or the 50% Fib retracement level of the downward move from the $1.93 swing high to the $1.50 low. The next hurdle sits at $1.770. A clear move above the $1.770 resistance might send the price toward the $1.80 resistance. Any more gains might send the price toward the $1.8250 resistance. The next major hurdle for the bulls might be near $1.850.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $1.6250 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.550 level. The next major support is near the $1.5250 level.<\/p>\n<p>If there is a downside break and a close below the $1.5250 level, the price might continue to decline toward $1.50. The next major support sits near the $1.4650 zone, below which the price could continue lower toward $1.450.<\/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 above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $1.550 and $1.5250.<\/p>\n<p>Major Resistance Levels \u2013 $1.6250 and $1.650.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price extended losses and traded below $1.5320. The price is now attempting to recover but faces hurdles near $1.6250 and $1.650. XRP price started a recovery wave from the $1.5250 zone. The price is now trading below $1.6220 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":9776,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-9775","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\/9775","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=9775"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/9776"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=9775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=9775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=9775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}