What invalidates the bearish setup on XRP?

A clean hourly close above $1.4550, which is the 50% Fibonacci retracement of the move from $1.5496 to $1.3630. That would put $1.4750 and $1.50 back in play and neutralize the bearish trend line at $1.3950.

Where is the next support if $1.350 breaks?

NewsBTC's chart read flags $1.3350 as the first shelf below $1.350, with $1.3220 next and $1.3120 behind that. Each is a discretionary level rather than a moving average, so reaction quality matters more than the print itself.

Is this XRP-specific or broader crypto weakness?

Broader. NewsBTC ties the failure at $1.4350 to coincident declines in Bitcoin and Ethereum. XRP's hourly behavior has been correlated with the majors through this leg, so the BTC tape is the variable to watch.

XRP Slides Below $1.40 as Hourly Trend Line Caps Recovery Attempts

Market impact

The immediate impact is concentrated on XRP's own order book rather than on broader crypto, since this is a continuation move inside an already weak tape rather than a standalone catalyst. NewsBTC's NewsBTC's chart annotations flag $1.40 as the first resistance and $1.4080 as the level that, if reclaimed on a closing basis, would put $1.4350 back in play and force a re-test of the broken structure.

Above that, the 50% Fib of the $1.5496 to $1.3630 leg sits at $1.4550. That's the invalidation level for the bearish read. A close through it would put $1.4750 and then $1.50 on the map.

Bear case stays simple: hold below $1.4550, lose $1.3650 on volume, and the next support shelf is $1.350. A daily close beneath $1.350 opens $1.3350, with $1.3220 and $1.3120 behind it. Invalidation for that scenario is the same $1.4550 cap.

One crisp opinion, flagged as editorial: this is a reactive sell-off, not an XRP-specific story. The token is moving because BTC and ETH are moving. That cuts both ways. The downside levels matter, but the asymmetric trade here is watching the majors. If Bitcoin stabilizes, XRP's $1.3630 low likely holds. If it doesn't, $1.350 will not.

XRP Slides Below $1.40 as Hourly Trend Line Caps Recovery Attempts

XRP traded below $1.40 on Tuesday after the token failed to hold $1.4350 and printed an intraday low of $1.3630, according to chart data from Kraken cited by NewsBTC. The decline tracked weakness in Bitcoin and Ethereum and pushed XRP below its 100-hourly simple moving average, the level technical traders watch for short-term trend.

By Clara Hoffmann· AI-assisted· L2 & scaling

What happened

XRP extended a decline through Tuesday's European session, slipping under $1.4250 and then $1.420 before bottoming at $1.3630, according to price action on Kraken cited in a NewsBTC technical note published at 06:18 UTC. The drop took the token below its 100-hourly simple moving average and below the 23.6% Fibonacci retracement of the move from the $1.5496 swing high to that $1.3630 low, leaving bulls without their nearest reference level.

The move came as Bitcoin and Ethereum sold off in tandem, which is the read NewsBTC offered for why XRP failed at $1.4350 rather than stalling there. The pair is now consolidating losses below $1.40 with a bearish trend line forming on the hourly chart, resistance pegged at $1.3950.

Why it matters

Short-term technical structure on XRP has flipped from constructive to defensive in under 24 hours. The 100-hourly SMA was the line trend-followers were leaning on. It's gone. The 23.6% Fib retracement, usually the cheapest bounce level after a leg lower, has also failed to hold as support and is now overhead resistance.

That matters because XRP spent most of the prior week chopping above $1.45 with the hourly MACD flat. Tuesday's action put the MACD back in the bearish zone with momentum building, and the RSI dropped below 50. For traders running mechanical hourly systems, that combination usually means stops get tightened on longs and shorts get added on bounces into resistance.

Market impact

XRP Slides Below $1.40 as Hourly Trend Line Caps Recovery Attempts

What happened

Why it matters

Market impact

What to watch

Disclaimer

Key takeaways

Frequently asked

Sources