XRP’s recent rally stalled after it failed to break through the $1.4550 resistance zone, triggering a downside correction that brought the token to around $1.4080. The cryptocurrency is now trading near its 100-hourly simple moving average, with a bullish trend line forming at $1.4050 on the hourly chart against the US dollar on Kraken.
Why the correction hit
The move lower followed repeated rejections at $1.4550, a level XRP has tested several times this week. Technical indicators turned bearish: the hourly MACD is gaining momentum in negative territory, and the relative strength index sits below 50. That combination often signals more downside pressure before any recovery.
Key levels to watch
On the resistance side, XRP needs to settle above $1.4220 to start a fresh uptrend. Above that, hurdles sit at $1.4350, $1.4550, $1.4620, and $1.4840. Support lies at $1.4050, then $1.4000, $1.3820, $1.3620, and $1.350. A close below $1.40 would open the door to deeper losses toward $1.3820 and potentially $1.3050.
What comes next
If XRP fails to clear the $1.4220 resistance in the next few sessions, analysts are watching for a decline toward $1.3050. The immediate question is whether the $1.4050 trend line holds — if it breaks, the correction could accelerate. For now, the market waits to see if buyers step in at current levels or let the slide continue.
