🔥 XRP Bulls Retreat — Correction Deepens as Key Levels Coll
koinmilyoner
Updated at: 2 hours ago
{"content":"🔥 XRP Bulls Retreat — Correction Deepens as Key Levels Collapse
XRP is reversing gains from $3.120. The price is below $3.00 and might fall further.
The $3.120 barrier is unfavorable for XRP.
The price is below $2.950 and the 100-hour SMA.
XRP/USD broke below a rising channel with support at $3.00 on the hourly chart.
If below $3.00, the pair may continue to fall.
XRP Falls Again
Like Bitcoin and Ethereum, XRP struggled over $3.050. A negative adjustment began when the price crested around $3.120.
Prices fell below $3.050 and $3.00. The price fell below the 76.4% Fib retracement level of the $2.781 swing low to $3.126 high. Additionally, the hourly XRP/USD chart broke below a rising channel with support at $3.00.
Last, the price touched $2.820. The price is consolidating losses after a $2.8244 low. The price is below $2.950 and the 100-hour SMA.
Price may find resistance at $2.90 on the upside. Near $2.980 is the first big resistance. It is around the 50% Fib retracement level of the latest slide from $3.126 swing high to $2.824 low.
A clean break over $2.980 might push the market above $3.050. More advances might push pricing toward $3.120 barrier. The bulls may face a severe test at $3.20.
Another Fall?
If XRP fails to break $2.980, it might fall again. The downside has first support at $2.8250. Near $2.780 is the next important support.
If the price breaks down and closes below $2.780, it may fall to $2.720. The price may go below $2.650, the next key support.
Tech Indicators
The hourly MACD for XRP/USD is moving bearishly.
Relative Strength Index hourly XRP/USD RSI is below 50.
Major Support Levels: $2.8250, $2.780.
$2.980–$3.050 are major resistance levels.
#xrp #Xrp🔥🔥 #Write2Earn #BTCWhalesMoveToETH $XRP $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/26/3bc082be1fce47e093e2fa1fb85075b3.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}