XRP Price Under Pressure: Traders Brace for Continued Weakness

Ripple’s native token, XRP, has extended its recent losses, sliding below the critical $1.40 support level. As the digital asset struggles to regain momentum, technical indicators suggest that the path of least resistance remains downward unless key hurdles are cleared.

Bearish Momentum Gains Traction

XRP failed to maintain its position above $1.4150, entering a short-term bearish zone alongside broader market leaders like Bitcoin and Ethereum. After dropping through the $1.40 mark, the price established a fresh low near $1.3464. Currently, the asset is consolidating its losses well below the 100-hourly Simple Moving Average, signaling that sellers remain in control of the immediate price action. A bearish trend line has formed with resistance sitting at $1.3720. For a recovery to take shape, XRP must first overcome this initial barrier before tackling major resistance at $1.380 and the pivotal $1.3940 zone. A confirmed close above $1.40 could shift the sentiment, potentially opening the door for a rally toward the $1.4250 and $1.450 levels.

Technical Outlook and Support Zones

The technical outlook remains cautious as the Hourly MACD for XRP/USD gains pace in the bearish zone, and the Relative Strength Index (RSI) has dipped below the 50 level. These indicators suggest that buying interest is currently insufficient to spark a meaningful reversal. If XRP fails to clear the $1.3720 resistance, it faces another leg down. Initial support is found near the $1.3465 level, followed by more significant support at $1.3350. A break below this latter floor could accelerate the decline, with traders eyeing the $1.320 and $1.3120 zones as the next potential targets for further weakness.