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💨 XRP Bounces Back — But Can Bulls Overcome Mounting Resist

koinmilyoner

Updated at: 5 hours ago

{"content":"💨 XRP Bounces Back — But Can Bulls Overcome Mounting Resistance? XRP fell below $2.00 again. Price is reversing losses and confronts resistance at $2.050. XRP entered a new downtrend below $2.050. The price is below $2.020 and the 100-hour SMA. On the hourly XRP/USD chart, a negative trend line with resistance at $2.020 is formed. Close above the $2.050 resistance zone and the pair may rise again. Price Resistance for XRP Like Bitcoin and Ethereum, XRP fell below $2.120. Price fell below $2.050 and $2.020 support. Pair tried $1.920 support After a low at $1.910, prices recovered. The $2.178 swing high to $1.910 low decline saw a tiny rebound wave above the 23.6% Fib retracement level. The price is below $2.020 and the 100-hour SMA. The price may encounter resistance at $2.020 on the upside. On the hourly XRP/USD chart, a negative trend line with resistance at $2.020 is formed. The first big barrier is $2.050, the 50% Fib retracement level of the decline from $2.178 swing high to $1.910 low. Next resistance is $2.080. A clean break over $2.080 might push the market above $2.120. More advances might push the price toward $2.150 or $2.20. The bulls may face $2.250 next. Another Drop? Failure to break the $2.050 resistance zone might cause XRP to fall again. Near $1.950 is first downward support. Near $1.920 is the next important support. A downward break and closing below $1.920 might push the price near $1.880. Near $1.840 is the next important support. Tech Indicators Hourly MACD on XRP/USD is falling in the negative zone. Relative Strength Index hourly XRP/USD RSI is below 50. Major Support Levels: $1.950, $1.920. Major resistance levels: $2.020, $2.050. #xrp #MarketPullback #IsraelIranConflict #USNationalDebt $XRP $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/23/a4f63f52ace343d69e0d4b1348fd7365.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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