{"id":11428,"date":"2025-02-05T09:47:13","date_gmt":"2025-02-05T09:47:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11428"},"modified":"2025-02-05T09:47:13","modified_gmt":"2025-02-05T09:47:13","slug":"why-is-the-ripple-xrp-price-down-this-week","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11428","title":{"rendered":"Why is the Ripple (XRP) Price Down This Week"},"content":{"rendered":"
\n

XRP is under $3 as bears take over the market.<\/p>\n

Key Support levels: $2.5, $1.6<\/strong><\/p>\n

Key Resistance levels: $3, $3.3\u00a0<\/strong><\/p>\n

1. Bullish Momentum Stopped<\/h2>\n

On Monday, XRP briefly fell to $1.8 before recovering. This effectively stopped the bullish momentum and has put sellers in charge of the price action. The current support at $2.5 appears fragile and if sellers return in force, then this cryptocurrency could go to $1.6 next.<\/p>\n

\"XRPUSDT_2025-02-05_14-51-46\"<\/a>
Chart by TradingView<\/figcaption><\/figure>\n

2. Falling Volume Was an Early Bearish Signal<\/h2>\n

Ever since XRP\u2019s price moved above $2, the volume has been making lower highs, including when the price went towards $3.4. This was an early bearish divergence which showed that buyers are becoming exhausted. On Monday, this was confirmed as momentum shifted and a correction started.<\/p>\n

\"XRPUSDT_2025-02-05_14-51-57\"<\/a>
Chart by TradingView<\/figcaption><\/figure>\n

3. Bearish Divergence Confirmed<\/h2>\n

A bearish divergence was also present on the weekly RSI and has now been confirmed by this latest price action. XRP appears to have made a top at $3.4, at least for now. This correction could be significant if buyers don\u2019t return soon as sellers will aim to break $2.5 and aim for $1.6.<\/p>\n

\"XRPUSDT_2025-02-05_14-52-55\"<\/a>
Chart by TradingView<\/figcaption><\/figure>\n
<\/div>\n

The post Why is the Ripple (XRP) Price Down This Week<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

XRP is under $3 as bears take over the market. Key Support levels: $2.5, $1.6 Key Resistance levels: $3, $3.3\u00a0 1. Bullish Momentum Stopped On Monday, XRP briefly fell to $1.8 before recovering. This effectively stopped the bullish momentum and has put sellers in charge of the price action. The current support at $2.5 appears […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11428","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11428"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11428\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}