Trending Now - XRP Faces Price Decline as Market Leverage Dwindles
WHO:
XRP, a cryptocurrency associated with Ripple.
Bitcoin and Ethereum, other cryptocurrencies mentioned in relation to XRP's performance.
WHAT:
XRP price is now trading below $1.40 and the 100-hourly Simple Moving Average.
XRP price extended losses below $1.3850.
If XRP fails to clear the $1.4120 resistance zone, it could start a fresh decline.
Initial support on the downside is near the $1.380 level, with the next major support near the $1.3750 level.
If there is a downside break and a close below the $1.3750 level, the price might continue to decline toward $1.3620, with further support at $1.350 and $1.3350.
XRP price extended losses and traded below $1.420.
XRP price failed to stay above $1.4350 and declined below $1.40.
A low was formed at $1.3713.
XRP is now consolidating losses below the 23.6% Fibonacci retracement level of the downward move from the $1.4820 swing high to the $1.3713 low.
Major support levels identified at $1.3800 and $1.3750.
Major resistance levels identified at $1.4120 and $1.4250.
If XRP fails to clear the $1.4120 resistance zone, it could start a fresh decline.
WHERE:
XRP/USD pair trading data sourced from Kraken.
WHEN:
The articles reference the current market conditions as of March 23rd, 2026.
WHY:
XRP's price struggles are attributed to the overall decline in Bitcoin and altcoins.
HOW:
The MACD for XRP/USD is now gaining pace in the bearish zone.
The RSI for XRP/USD is now below the 50 level.
Technical indicators such as the hourly MACD and RSI are used to analyze XRP's market position.
(UPDATED March 23, 2026 13:34 UTC)
XRP is currently trading below $1.40, having extended its losses to below $1.3850, and if it can't break through the $1.4120 resistance zone, it may face a further decline. Initial support is found around the $1.380 mark, with major support levels at $1.3750 and $1.3620, which could lead to even lower prices if breached. Additionally, the MACD for XRP/USD is showing increased bearish momentum, while the RSI has dipped below the neutral 50 level.
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(UPDATED March 23, 2026 07:29 UTC)
XRP, a cryptocurrency linked to Ripple, has extended its losses and is currently trading below $1.420, having failed to maintain a price above $1.4350 and forming a low at $1.3713. As of today, March 23, 2026, XRP is consolidating its losses beneath the 23.6% Fibonacci retracement level, with major support identified at $1.3800 and resistance at $1.4120; if it can't break through that resistance, it may face further declines. The struggles in XRP's price are being attributed to the overall downturn in Bitcoin and other altcoins, with technical indicators like the hourly MACD and RSI being utilized to assess its market position.