XRP is trading under $1.3880 and the 100-hourly Simple Moving Average after sliding from a recent high of $1.5495. It hit a low of $1.3464 earlier this week and faces a bearish trend line with resistance at $1.3720. Failure to breach $1.3940 could send prices toward support levels near $1.3465.
Resistance Barriers Hold Firm
The hourly chart shows XRP struggling against three major resistance levels. Traders are watching $1.3650 first, then $1.380, with $1.3940 as the make-or-break threshold. That $1.3940 mark kept XRP from gaining momentum this week. A bearish trend line now forms at $1.3720, adding pressure on the current price action.
$1.3940: The Critical Tipping Point
Closing above $1.3940 would open the door to $1.40 and potentially $1.4250, $1.440, and $1.450. But if XRP can't push past $1.40, the trend turns sharply negative. The gap between current prices and that psychological $1.40 level is proving difficult to bridge.
Downside Support Levels
If the decline continues, the first stop is likely $1.3465—the same level where XRP recently found temporary footing. Further drops would test $1.3350, then $1.3220 and $1.3120. These levels represent concrete points where selling pressure historically paused during this downturn.
Technical Indicators Flash Warning Signs
The hourly MACD is showing accelerating bearish momentum, confirming the downward pressure. Meanwhile, the Relative Strength Index stays below 50, signaling no immediate shift in the bearish bias. Neither indicator shows signs of reversal yet.
Traders await XRP’s next move above $1.3940. Without that breakthrough, the path toward $1.3465 looks increasingly likely.
