{"id":23819,"date":"2026-05-28T05:00:24","date_gmt":"2026-05-28T05:00:24","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/xrp-price-slides-sharply-lower-as-selling-pressure-intensifies-rapidly\/"},"modified":"2026-05-28T05:00:24","modified_gmt":"2026-05-28T05:00:24","slug":"xrp-price-slides-sharply-lower-as-selling-pressure-intensifies-rapidly","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/xrp-price-slides-sharply-lower-as-selling-pressure-intensifies-rapidly\/","title":{"rendered":"XRP Price Slides Sharply Lower As Selling Pressure Intensifies Rapidly"},"content":{"rendered":"<p><em>XRP price extended losses and traded below $1.30. The price is now consolidating losses and faces hurdles near $1.30 and $1.340.<\/em><\/p>\n<ul>\n<li>XRP price started another decline and traded below the $1.30 zone.<\/li>\n<li>The price is now trading below $1.30 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a bearish trend line forming with resistance at $1.340 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could continue to move down if it stays below $1.340.<\/li>\n<\/ul>\n<h2>XRP Price Dips Below $1.30<\/h2>\n<p>XRP price failed to stay above $1.340 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.3250 and $1.3120 to enter a short-term bearish zone.<\/p>\n<p>The price even extended losses below $1.30. A low was formed at $1.2677, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 low.<\/p>\n<p>The price is now trading below $1.30 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.290 level. The first major resistance is near the $1.30 level. The main resistance could be $1.3150 or the 50% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-898122\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/XRP_Price_56320f.png?resize=1024%2C512\" alt=\"XRP Price \" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>A close above $1.3150 could send the price to $1.3275. The next hurdle sits at $1.340. There is also a bearish trend line forming with resistance at $1.340 on the hourly chart of the XRP\/USD pair. A clear move above the $1.340 resistance might send the price toward the $1.3550 resistance. Any more gains might send the price toward the $1.3750 resistance.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $1.3150 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.2675 level. The next major support is near the $1.2550 level.<\/p>\n<p>If there is a downside break and a close below the $1.2550 level, the price might continue to decline toward $1.2320. The next major support sits near the $1.220 zone, below which the price could continue lower toward $1.20.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $1.2675 and $1.2550.<\/p>\n<p>Major Resistance Levels \u2013 $1.3150 and $1.3400.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price extended losses and traded below $1.30. The price is now consolidating losses and faces hurdles near $1.30 and $1.340. XRP price started another decline and traded below the $1.30 zone. The price is now trading below $1.30 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":23820,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[27,23,42,31,32],"class_list":["post-23819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrp","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/23819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=23819"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/23819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/23820"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=23819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=23819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=23819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}