{"id":53266,"date":"2025-05-28T17:54:01","date_gmt":"2025-05-28T17:54:01","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/xrp-drops-1-05-as-resistance-levels-cap-recovery\/"},"modified":"2025-05-28T17:54:01","modified_gmt":"2025-05-28T17:54:01","slug":"xrp-drops-1-05-as-resistance-levels-cap-recovery","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/xrp-drops-1-05-as-resistance-levels-cap-recovery\/","title":{"rendered":"XRP drops 1.05% as resistance levels cap recovery"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-89-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-89-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-89-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-89-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Trading below the 100-hourly SMA, signalling bearish momentum.<\/li>\n<li>Key support levels are $2.280, $2.260, and $2.2320.<\/li>\n<li>Bulls need a clear move above $2.3720 to shift short-term trend.<\/li>\n<\/ul>\n<p data-start=\"224\" data-end=\"646\">XRP has lost momentum again, dropping by 1.05% over the last 24 hours to trade at $2.29.<\/p>\n<p data-start=\"224\" data-end=\"646\">After a brief attempt to recover, bulls failed to break through the $2.36 resistance zone, leading to renewed selling pressure.<\/p>\n<figure id=\"attachment_311774\" aria-describedby=\"caption-attachment-311774\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-311774\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/XRP-price-2.jpg\" alt=\"XRP\" width=\"1508\" height=\"581\"\/><figcaption id=\"caption-attachment-311774\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\">CoinMarketCap<\/a><\/figcaption><\/figure>\n<p data-start=\"224\" data-end=\"646\">Market data from Kraken shows the XRP\/USD pair remains under its 100-hourly Simple Moving Average (SMA), with technical indicators pointing to a potential retest of key support levels if selling continues.<\/p>\n<p data-start=\"648\" data-end=\"1055\">This latest decline follows a modest bounce from a local low of $2.2670 earlier in the week.<\/p>\n<p data-start=\"648\" data-end=\"1055\">XRP\u2019s price action reflects broader weakness in the crypto market, where top tokens are struggling to maintain momentum amid macroeconomic uncertainty and regulatory headwinds.<\/p>\n<p data-start=\"648\" data-end=\"1055\">Rising expectations of delayed interest rate cuts in the US have added pressure across all major risk assets, including cryptocurrencies.<\/p>\n<h2 data-start=\"1057\" data-end=\"1095\">XRP faces heavy resistance at $2.36<\/h2>\n<p data-start=\"1097\" data-end=\"1341\">XRP briefly rallied above $2.320 and $2.350 earlier in the week, even climbing past the 23.6% Fibonacci retracement of the downward wave from $2.4768 to $2.2670.<\/p>\n<p data-start=\"1097\" data-end=\"1341\">It also broke a key descending trend line at $2.305, offering short-term optimism.<\/p>\n<p data-start=\"1343\" data-end=\"1736\">However, this recovery stalled at the $2.360 level\u2014currently acting as the first major resistance.<\/p>\n<p data-start=\"1343\" data-end=\"1736\">Without a clear breakout above this zone, bears regained control, pushing the price back down to $2.29.<\/p>\n<p data-start=\"1343\" data-end=\"1736\">A move above $2.3720, which aligns with the 50% Fib retracement, would be needed for momentum to turn.<\/p>\n<p data-start=\"1343\" data-end=\"1736\">Until then, XRP remains technically weak and vulnerable to further short-term declines.<\/p>\n<h2 data-start=\"1738\" data-end=\"1785\">Price at risk of deeper decline below $2.260<\/h2>\n<p data-start=\"1787\" data-end=\"1962\">XRP is now hovering just above the $2.280 support zone.<\/p>\n<p data-start=\"1787\" data-end=\"1962\">A sustained break below this could send the token toward $2.260. Below that, support levels sit at $2.2320 and $2.2000.<\/p>\n<p data-start=\"1964\" data-end=\"2258\">The 100-hourly SMA continues to act as a barrier to upside movement, and the chart structure still shows lower highs, confirming a bearish trend.<\/p>\n<p data-start=\"1964\" data-end=\"2258\">A close above $2.360 would be needed to change short-term sentiment, but with selling pressure intensifying, further downside remains a possibility.<\/p>\n<p data-start=\"2260\" data-end=\"2662\">Meanwhile, Ripple Labs, the company associated with XRP, continues to expand its partnerships and utility-based applications globally, including ongoing developments in central bank digital currency (CBDC) platforms.<\/p>\n<p data-start=\"2260\" data-end=\"2662\">However, these advancements have yet to translate into consistent price support for the XRP token, which remains closely tied to speculative flows and broader market sentiment dynamics.<\/p>\n<h2 data-start=\"2664\" data-end=\"2710\">Wider market uncertainty weighs on altcoins<\/h2>\n<p data-start=\"2712\" data-end=\"3102\">The drop in XRP mirrors caution across the broader digital asset market.<\/p>\n<p data-start=\"2712\" data-end=\"3102\">Bitcoin and Ethereum have also faced resistance in recent sessions, with traders reluctant to make strong moves ahead of macroeconomic data from the US.<\/p>\n<p data-start=\"2712\" data-end=\"3102\">With no immediate bullish catalysts and interest rate speculation weighing on investor sentiment, altcoins are particularly vulnerable to further downside movement.<\/p>\n<p data-start=\"3104\" data-end=\"3344\">XRP\u2019s next moves will likely depend on whether it can hold above the $2.260 zone.<\/p>\n<p data-start=\"3104\" data-end=\"3344\">A breakdown could extend losses and signal a deeper correction, while any bounce will require a clear move above the $2.36 and $2.3720 levels to be sustained.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/xrp-drops-1-05-to-2-29-as-key-resistance-blocks-further-gains\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Trading below the 100-hourly SMA, signalling bearish momentum. Key support levels are $2.280, $2.260, and $2.2320. Bulls need a clear move above $2.3720 to shift short-term trend. XRP has lost momentum again, dropping by 1.05% over the last 24 hours to [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":53267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53266"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=53266"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/53267"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=53266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=53266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=53266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}