XRP at the crossroads: hourly technical analysis of the upcoming price movements

XRP is currently trading around $1.91 USD, facing a critical scenario on the hourly chart. Technical indicators show mixed signals as bulls attempt to break the psychological barrier of $2.00.

Present Technical Indicators and Dynamics

On the UTC hourly analysis, the XRP/USD Relative Strength Index (RSI) remains above the 50 level, suggesting some residual bullish pressure. However, the MACD on the hourly chart is losing momentum in bearish territory, warning of weakness in the current upward movement.

The 100-hour simple moving average continues to exert downward pressure, acting as a dynamic resistance in the short term.

Bullish Scenario: Can Buyers Break Through?

For the bulls to take control on the hourly timeframe, a close above $2.00 UTC will be crucial. If this occurs, the next technical target would be near $2.050, followed by a more significant resistance at $2.120 UTC.

A continued upward move from these levels could push the price toward $2.20, and potentially up to $2.220 and $2.250 UTC if momentum persists.

The Fibonacci 50% retracement from the high of $2.047 to the low of $1.850 roughly coincides with the $1.950 UTC zone on the hourly chart, where a downward trendline forms that will provide additional resistance.

Short-term Downside Risks

If XRP fails to convincingly close above $2.00 on the hourly timeframe, the dynamic could quickly reverse. The first support level is at $1.90 UTC.

A breakdown below this significant level could accelerate a fall toward $1.850 UTC. If this key support is lost on the hourly close, the next bearish target would be $1.820.

If selling pressure persists, secondary supports are located at $1.80 UTC and, if broken, the price could extend its decline toward $1.765 UTC.

Key Technical Levels Summary

In the current UTC hourly analysis:

Main Resistances:

• $1.950 UTC (downtrend line)
• $2.00 UTC (critical psychological level)
• $2.120 UTC (confirmed resistance)
• $2.250 UTC (reference high)

Main Supports:

• $1.90 UTC
• $1.850 UTC (key floor)
• $1.80 UTC

XRP is in a delicate phase where confirming an hourly close above $2.00 is essential to validate the recovery, while a drop below $1.850 would confirm a continuation of the short-term bearish movement.