XRP is trading under $1.150 after a failed attempt to stay above $1.1750, and the hourly chart is flashing “sell pressure first” signals.
The latest read from NewsBTC cites XRP/USD dipping below the $1.160 and $1.1550 areas after breaking a bullish trend line tied to support around $1.1620. The move also pushed XRP under the 100-hourly Simple Moving Average, a level traders often watch when short-term momentum shifts.
The weakness got worse when XRP slid below the 38.2% Fib retracement mark of the upward move from the $1.050 swing low to the $1.1863 high. That matters because it suggests the bounce attempt lost control, not just a one-candle wick.
Levels traders are watching on the XRP/USD hourly chart
NewsBTC lays out several nearby barriers and floors, based on recent swing points and Fibonacci levels. Here are the headline numbers.
| Type | Level | What NewsBTC says could happen |
|---|---|---|
| Recent breakdown area | $1.1620 | Support tied to a bullish trend line is lost after the break |
| Key resistance | $1.1500 | Failure to clear this zone may trigger another leg down |
| “If rebound” resistance | $1.1350 | Potential resistance if an upward move starts |
| Next resistance | $1.1420 | “First major resistance.” Above it, a move toward $1.150 is possible |
| Next resistance | $1.1580 | Potential target if price clears $1.150 |
| Higher resistance | $1.1650 | Further upside hurdle after $1.1580 |
| Major resistance | $1.1840 | Bulls face a bigger hurdle here |
| Initial support | $1.1020 | First downside support, also linked to 61.8% Fib |
| Other support | $1.1072 | A close below this level could extend the decline |
| Lower support zone | $1.10 | If $1.10 breaks, NewsBTC flags $1.080 next |
| Deep support | $1.080 | Next major support after $1.10 |
| Final support mentioned | $1.050 | A deeper selloff could revisit the swing low |
Momentum checks: MACD and RSI
NewsBTC points to two common momentum gauges on the hourly chart.
First, the Hourly MACD for XRP/USD is “gaining pace in the bearish zone.” In practical terms, NewsBTC is describing bearish momentum not just present, but accelerating.
Second, the Hourly RSI is below the 50 line. NewsBTC does not claim oversold conditions here. It’s more consistent with a market that can keep drifting lower without needing to “reset” first.
What would invalidate the bearish path
NewsBTC’s scenario is conditional. The bearish view hinges on XRP staying under the $1.150 area.
If XRP can clear $1.1500, NewsBTC expects a climb toward $1.1580 and then $1.1650, with $1.1840 flagged as the larger hurdle for bulls. That sequence matters because it suggests the chart needs to reclaim specific levels, not just bounce randomly.
The “selloff threat” framing
NewsBTC is also tying the current move to broader risk sentiment by noting XRP is declining “like Bitcoin and Ethereum.” That doesn’t explain XRP-specific fundamentals. It does explain why this chart setup can attract fast follow-through if the broader tape stays weak.
Kraken is cited as the data source, but the actionable part for readers is the structure: XRP is under the 100-hourly Simple Moving Average and under $1.150 after a breakdown from $1.1620 support. NewsBTC then maps the likely next stops, with $1.1072 and the $1.10 zone acting as decision points.
Crypto assets move fast. These are technical levels and momentum readings, not guarantees. If XRP holds or regains key resistances, the “next downside” path can fail quickly.