XRP's Rally Hits the Brakes: Major Players Retreating or the Calm Before the Storm?

金色财经Published on 2025-12-10Last updated on 2025-12-10

Abstract

XRP Price Pulls Back After Rally, Tests Key Support Levels XRP experienced a steady rise above $2.150 before entering a corrective phase. The price has declined, testing the $2.080 support zone, but remains above the $2.050 level and the 100-hour simple moving average. A rising trendline is forming with support near $2.070 on the XRP/USD hourly chart. If the price manages to break above the $2.120 resistance, it could initiate a fresh upward move toward $2.150 and potentially test $2.180. A clear break above $2.180 might push the price toward the $2.225 resistance, with further gains possibly targeting $2.250 and even $2.288. However, if XRP fails to overcome the $2.120 barrier, it may face further declines. Immediate support lies near $2.070, followed by a major support level at $2.050. A break below $2.050 could lead to a drop toward $2.00, with further downside potential toward $1.985 and possibly $1.920. Technical indicators show bearish momentum, with the hourly MACD accelerating in the bearish zone and the RSI below the 50 level.

XRP price started a steady increase above $2.150. The price is currently correcting and may struggle to maintain its upward momentum.

  • XRP price started a downside correction and tested the $2.080 zone.

  • The price is currently above $2.050 and the 100-hour Simple Moving Average.

  • An ascending trend line is forming with support at $2.070 on the hourly chart of XRP/USD (data source: Kraken).

  • The pair could start a fresh increase if it clears the $2.120 resistance.

XRP Price Faces Another Decline

Similar to Bitcoin and Ethereum, XRP price started a downside correction from the $2.180 zone. The price dipped below the $2.150 and $2.120 levels to enter a consolidation phase.

The price even spiked below the 50% Fib retracement level of the upward move from the $2.042 swing low to $2.1778 high. However, the bulls were active above the $2.080 support. Moreover, an ascending trend line is forming with support near $2.070 on the hourly chart of the XRP/USD pair.

The price is now above $2.050 and the 100-hour Simple Moving Average. If there is a fresh increase, the price might face resistance near $2.120.

The first major resistance is near the $2.150 level. A clear move above the $2.150 resistance might send the price toward the $2.180 resistance. If the price settles above the $2.180 resistance level, it could attempt a move toward the $2.2250 resistance. Any more gains might send the price toward the $2.250 resistance. The next major hurdle for the bulls might be near $2.2880.

More Losses?

If XRP fails to clear the $2.120 resistance zone, it could start another decline. Initial support on the downside is near the $2.070 level, which is the 76.4% Fib retracement level of the upward move from the $2.042 swing low to $2.1778 high and the trend line. The next major support is at $2.050.

A downside break below the $2.050 support might send the price further lower toward $2.00. The next major support is near $1.9850, below which the price could drop toward $1.920.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.070 and $2.050.

Major Resistance Levels – $2.120 and $2.180.

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Related Questions

QWhat key support level is XRP currently holding above according to the article?

AXRP is currently holding above the key support level of $2.050 and the 100-hour simple moving average.

QWhat is the main resistance level that needs to be broken for XRP to start a fresh increase?

AA clear move above the $2.120 resistance level is needed for XRP to start a fresh increase.

QWhat technical pattern is forming on the XRP/USD hourly chart that provides support?

AA rising trend line is forming with support near $2.070 on the XRP/USD hourly chart.

QWhat could be the next major downside target if XRP fails to stay above the $2.050 support?

AIf XRP fails to stay above the $2.050 support, the price could drop toward the $2.00 level, with the next major support near $1.9850.

QIn which zone is the hourly MACD indicator for XRP/USD currently located?

AThe hourly MACD for XRP/USD is now gaining pace in the bearish zone.

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