XRP Slides Below $1.15 as Bearish Signals Stack Up

$XRP has broken beneath the $1.150 level and the 100-hourly Simple Moving Average, erasing gains from a recent rally and dragging the pair into territory that technicals flag as increasingly dangerous. The selloff tracks a broader retreat in crypto, with $BTC and $ETH posting parallel declines.

The Break That Triggered the Move

The trouble for XRP/USD started when the pair lost its grip on a bullish trend line that had been holding near $1.1620 on the hourly chart, per Kraken data. Once that floor gave way, the price sliced through $1.160 and then $1.1550 in quick succession. The drop also pushed the pair below the 38.2% Fibonacci retracement level of the prior upswing — measured from the $1.050 swing low to the $1.1863 high — a level technicians typically watch as an early warning sign for deeper retracements.

Where the Chart Now Points

With XRP trading below both the 100-hourly SMA and the 38.2% Fib, the next meaningful support cluster sits at the 61.8% retracement, which falls near $1.1020. Below that, $1.1072 represents the next line of defense, followed by the rounder $1.10 mark. A confirmed close beneath $1.1072 opens the door toward $1.080 and, should selling intensify, back toward the $1.050 swing low that anchored the most recent rally.

What a Recovery Would Need

Any bid to recover lost ground faces a stacked sequence of resistance. The pair would first need to clear $1.1350, then $1.1420 — the level technicians identify as the first major hurdle. A clean move above $1.150 could put $1.1580 and $1.1650 in play. The ceiling that matters most for bulls sits at $1.1840, which was the peak of the move that has now fully reversed.

Indicators Confirm the Lean

Both momentum gauges tracked in the source are pointed lower. The hourly MACD is gaining pace on the bearish side of its zero line, while the Relative Strength Index has slipped beneath the 50 threshold — a reading that puts neutral territory behind the pair and leaves momentum in the hands of sellers. Neither signal has flipped, so the chart offers no technical basis to call a bottom yet.

The pattern puts $XRP in a position where a failure to reclaim $1.150 quickly keeps the $1.10 test on the table. Until either the MACD crosses back or price reclaims the 100-hourly SMA with conviction, the burden of proof sits with the bulls.