In the market’s drawing-room, XRP behaves like a capricious duchess, flirting with the sacred threshold of $1.50 while the bears adjust their monocles with theatrical despair. The price extended its losses and trod below that modest shade, now gossiping with the air near $1.5320 and $1.550 as if those numbers were invitations to a dance it cannot yet refuse.
- XRP began another decline and tripped below the $1.5250 zone, as if stepping on a rug that merely pretends to be honest.
- It now lounges beneath $1.50 and the 100-hourly Simple Moving Average, proving that averages are, like societies, perfectly capable of betraying you at the moment you need them most.
- A key bearish trend line is forming, with resistance at $1.5850 on the hourly XRP/USD chart (data courtesy of Kraken)-a line in the sand drawn by a merciless satirist with a ruler.
- If it remains below $1.60, the drama promises to descend further; the market never tires of a good tragedy, especially in small, pompous acts.
XRP Price Dips Again
Like its brethren Bitcoin and Ethereum, XRP failed to keep above $1.5320 and descended into a short-term bearish mood, slipping below $1.5250 and $1.50 with the elegance of a misplaced sparkler.
The decline deepened beneath $1.4850; a low formed at $1.4330, and the price now consolidates with a bearish tilt below the 23.6% Fibonacci retracement of the downward move from the $1.6322 swing high to the $1.4330 low-yet the comedy of errors refuses to retire gracefully.
Trading below $1.50 and the 100-hourly SMA, the bearish trend line remains a stubborn companion at $1.5850 on the hourly chart. If there is a fresh recovery, the first rival is near $1.480, or perhaps the romance of the 50% Fib retracement around $1.5320-the grand stage direction for the next act.
A close above $1.5320 could escort the price toward $1.5850. The next hurdle stands at $1.60, and a courageous leap beyond that might lead us toward $1.620, then to $1.650, with the ultimate chorus near $1.70-the sort of aria that would scandalize a ledger.
Another Drop?
If XRP cannot clear the $1.5320 resistance zone, a fresh decline may resume. First siren call of support appears near $1.4320, followed by a substantial harbor around $1.4250.
Should there be a downside break and a close below $1.4250, the price may drift toward $1.412. The next major harbor sits near $1.4650, and beneath that the voyage could slip toward $1.450 with the air of a clipped wing at dawn.
Technical Indicators
- Hourly MACD – The MACD for XRP/USD is gathering pace in the bearish theatre.
- Hourly RSI (Relative Strength Index) – The RSI for XRP/USD lingers below 50, as one would expect from a character whose accolades are mostly sighs.
- Major Support Levels – $1.4320 and $1.4250.
- Major Resistance Levels – $1.5320 and $1.550.
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2026-02-05 08:12