XRP price extended losses and traded below $1.880. The price is now 
consolidating and might decline further if it remains below $1.920. XRP price 
started a fresh decline below the $1.90 zone. The price is now trading below 
$1.90 and the 100-hourly Simple Moving Average. There is a key bearish trend 
line forming with resistance at $1.885 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could continue to move down if it stays 
below $1.90. XRP Price Dips Further XRP price failed to stay above $1.950 and 
started a fresh decline, like Bitcoin and Ethereum. The price declined below 
$1.920 and $1.90 to enter a short-term bearish zone. The price even spiked 
below $1.850. A low was formed at $1.810, and the price is now consolidating 
losses. There was a recovery wave above $1.850. The price cleared the 23.6% 
Fib retracement level of the downward move from the $1.963 swing high to the 
$1.810 low, but the bears remained active. The price is now trading below 
$1.90 and the 100-hourly Simple Moving Average. If there is a fresh upward 
move, the price might face resistance near the $1.8850 level and the 50% Fib 
retracement level of the downward move from the $1.963 swing high to the 
$1.810 low. There is also a key bearish trend line forming with resistance at 
$1.885 on the hourly chart of the XRP/USD pair. The first major resistance is 
near the $1.90 level. A close above $1.90 could send the price to $1.950. The 
next hurdle sits at $2.00. A clear move above the $2.00 resistance might send 
the price toward the $2.050 resistance. Any more gains might send the price 
toward the $2.120 resistance. The next major hurdle for the bulls might be 
near $2.20. Downside Break? If XRP fails to clear the $1.90 resistance zone, 
it could start a fresh decline. Initial support on the downside is near the 
$1.840 level. The next major support is near the $1.820 level. If there is a 
downside break and a close below the $1.820 level, the price might continue to 
decline toward $1.780. The next major support sits near the $1.750 zone, below 
which the price could continue lower toward $1.70. Technical Indicators Hourly 
MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly 
RSI (Relative Strength Index) – The RSI for XRP/USD is now near the 50 level. 
Major Support Levels – $1.840 and $1.820. Major Resistance Levels – $1.8850 
and $1.90.

XRP Price Bearish Continuation Confirmed As Downside Pressure Builds

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Ethereum price extended losses and traded below the $2,865 zone. ETH is now 
consolidating losses and might aim for a recovery if it clears $2,920. 
Ethereum remained in a bearish zone and traded below $2,950. The price is 
trading below $2,900 and the 100-hourly Simple Moving Average. There is a 
bearish trend line forming with resistance at $2,920 on the hourly chart of 
ETH/USD (data feed via Kraken). The pair could start a fresh increase if it 
stays above the $2,800 zone. Ethereum Price Dips Further Ethereum price failed 
to remain stable above $2,950 and extended losses, like Bitcoin. ETH price 
declined below $2,880 and $2,865 to enter a bearish zone. The bears even 
pushed the price below $2,840. The price finally tested $2,800 and is 
currently consolidating losses. There was a minor upside above the 23.6% Fib 
retracement level of the downward wave from the $3,067 swing high to the 
$2,784 swing low. Ethereum price is now trading below $2,900 and the 
100-hourly Simple Moving Average. If the bulls can protect more losses below 
$2,800, the price could attempt another increase. Immediate resistance is seen 
near the $2,920 level. There is also a bearish trend line forming with 
resistance at $2,920 on the hourly chart of ETH/USD. The first key resistance 
is near the $2,960 level or the 61.8% Fib retracement level of the downward 
wave from the $3,067 swing high to the $2,784 swing low. The next major 
resistance is near the $3,000 level. A clear move above the $3,000 resistance 
might send the price toward the $3,065 resistance. An upside break above the 
$3,065 region might call for more gains in the coming days. In the stated 
case, Ether could rise toward the $3,120 resistance zone or even $3,150 in the 
near term. More Losses In ETH? If Ethereum fails to clear the $2,920 
resistance, it could start a fresh decline. Initial support on the downside is 
near the $2,840 level. The first major support sits near the $2,800 zone. A 
clear move below the $2,800 support might push the price toward the $2,780 
support. Any more losses might send the price toward the $2,720 region. The 
main support could be $2,650. Technical Indicators Hourly MACD – The MACD for 
ETH/USD is losing momentum in the bearish zone. Hourly RSI &#8211; The RSI for 
ETH/USD is now below the 50 zone. Major Support Level – $2,800 Major 
Resistance Level – $2,920

Cryptocurrency price in VEF