XRP Bulls Lose Grip as Signals Point Toward Another Decline

Overview

XRP has experienced a price increase above a certain threshold but is now facing challenges in maintaining upward momentum. Current technical indicators suggest that the cryptocurrency may be on the verge of a decline if it fails to overcome key resistance levels.

Recent Price Movement

XRP price began its ascent above a specific zone, initially rising above a notable level. However, it is currently struggling to break through another price point, which may signal the start of a potential decline. As of now, XRP is trading near a particular price level and is positioned close to the 100-hourly Simple Moving Average.

A bearish trend line is forming, creating resistance at a designated price point on the hourly chart of the XRP/USD pair. If the price drops below a certain threshold, it could continue to decline further.

Resistance Levels

The upward movement of XRP was initially robust, crossing above certain levels. The price briefly surpassed a higher zone before entering a corrective phase. A significant high was established before the recent downturn, and the price has now fallen below a key Fibonacci retracement level. XRP is currently trading near specific support and resistance levels, with a trend line indicating potential resistance ahead.

If XRP manages to initiate a fresh upward movement, it may encounter resistance at a defined level, with further resistance anticipated at another level. Should it break through this resistance, there could be upward potential toward higher price points.

Potential Decline

Should XRP fail to overcome the identified resistance area, it may trigger a decline. The primary support level is near a certain price point, with an additional major support level following closely. A significant downside break could lead to further declines toward additional support levels.

Impact on the crypto market

• XRP’s inability to break through resistance levels may affect trader sentiment and market confidence.
• A decline below the identified support levels could lead to increased selling pressure across the market.
• Technical indicators suggest a weakening bullish momentum, which could influence trading strategies.
• The current price action may reflect broader market trends and impact other cryptocurrencies.
• Investors may closely monitor these levels for potential trading opportunities or risk management adjustments.

Updated: 11/28/2025, 4:29:53 AM