XRP Price Revisits $1.40 Level, Recovery Hopes Hang In Balance

XRP price has declined below $1.450 and is consolidating losses near $1.3917, trading below its 100-hourly moving average with bearish technical signals. Recovery attempts face multiple resistance levels at $1.420 and $1.4370, while further downside could extend toward $1.3650 if key support levels break.

XRP is experiencing a significant pullback from its $1.510 swing high, with the price currently struggling to maintain support above critical technical levels. The cryptocurrency failed to sustain momentum above $1.4850 and has since declined into a bearish consolidation zone, underperforming both Bitcoin and Ethereum during this downturn. This weakness suggests waning buying pressure and a shift in market sentiment toward the asset.

The technical setup reveals a deteriorating momentum environment. The MACD indicator is gaining pace in the bearish zone, while the RSI has fallen below 50, indicating diminished upward momentum. A bearish trend line has formed with resistance at $1.420, creating a ceiling for any attempted recovery. The formation of a low at $1.3917 has established a reference point for Fibonacci retracement analysis, with the 38.2% level at $1.4370 serving as an intermediate resistance target.

For recovery to gain credibility, XRP would need to clear the $1.420 resistance and recapture the $1.4650 level, which served as a recent support. Achieving a close above $1.4880 could potentially reignite buying interest toward $1.50 and beyond. Conversely, failure to defend the $1.40 support level could trigger further selling pressure toward $1.3840, and a breakdown below that point would likely accelerate declines toward $1.3220.

Investors should monitor whether XRP can stabilize around current support levels or if weakness continues to deteriorate market structure. The technical picture remains bearish until the price recaptures levels above $1.4650 with conviction, supported by improving momentum indicators.

• →XRP trades below $1.350 with major support levels at $1.4000 and $1.3840 critical for limiting downside.
• →Bearish technical indicators including MACD and RSI below 50 suggest continued weakness without recovery confirmation.
• →Resistance at $1.4200-$1.4370 must be cleared for a credible recovery toward $1.4650 and higher levels.
• →A break below $1.3840 could accelerate losses toward $1.3220 in a full capitulation scenario.
• →Recovery above $1.4880 is required to challenge the $1.50 psychological level and restore bullish momentum.