XRP Price Teeters on the Brink – Could a Major Collapse Be Imminent?

XRP wobbles near critical support as bearish momentum builds—traders brace for potential freefall.

Technical Breakdown

The digital asset flirts with danger zones that historically precede sharp declines. Resistance levels stack up like regulatory hurdles at a crypto conference.

Market Sentiment Shift

Fear replaces greed as institutional players hedge positions. Retail investors scramble—some buying the dip, others cutting losses before things get uglier.

Liquidity Crunch Concerns

Thin order books amplify volatility risks. One whale sell-off could trigger cascading liquidations—because nothing says 'decentralized finance' like a single entity moving markets.

Regulatory Overhang

Legal uncertainties continue casting shadows longer than a bitcoin miner's electricity bill. The SEC's favorite dancing partner still can't catch a break.

Bottom Line: XRP dances on the knife's edge. Bulls pray for a reversal; bears sharpen their claws. In crypto, sometimes the only thing crashing harder than prices is a trader's ego.

XRP Price Faces Hurdles

XRP price managed to stay above the $2.70 level and started a recovery wave, like Bitcoin and Ethereum. The price climbed above the $2.75 and $2.80 resistance levels.

However, the price seems to be struggling to settle above the $2.850 resistance zone. Recently, there was a fresh bearish reaction below the $2.820 level. The price dipped below the 50% Fib retracement level of the upward MOVE from the $2.70 swing low to the $2.887 high.

The price is now trading below $2.820 and the 100-hourly Simple Moving Average. If the bulls protect the $2.780 support, the price could attempt another increase. On the upside, the price might face resistance NEAR the $2.820 level. There is also a connecting bearish trend line forming with resistance at $2.8180 on the hourly chart of the XRP/USD pair.

The first major resistance is near the $2.850 level. A clear move above the $2.850 resistance might send the price toward the $2.880 resistance. Any more gains might send the price toward the $3.00 resistance. The next major hurdle for the bulls might be near $3.050.

More Losses?

If XRP fails to clear the $2.820 resistance zone, it could continue to move down. Initial support on the downside is near the $2.780 level or the 61.8% Fib retracement level of the upward move from the $2.70 swing low to the $2.887 high. The next major support is near the $2.744 level.

If there is a downside break and a close below the $2.744 level, the price might continue to decline toward $2.70. The next major support sits near the $2.650 zone, below which the price could gain bearish momentum.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.780 and $2.70.

Major Resistance Levels – $2.850 and $2.880.