XRP Price Stalls Once More, Bears Prepare for Next Leg Lower
13 Apr 2026 · 04:28 UTC · NewsBTC RSS Feed · Original source
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Summary
XRP extended losses below $1.340, breaking below a rising channel with support at $1.3450 on the hourly chart. The price trades below the 100-hourly simple moving average indicating bearish momentum. Technical indicators show deterioration: MACD is gaining pace in the bearish zone and RSI is below 50. Major support levels are $1.320 and $1.300, with further support at $1.2880, $1.2750, and $1.25. If the $1.30 level breaks, further declines are possible. Major resistance levels are $1.3420 and $1.3480, with main resistance at $1.3620. A close above $1.3620 could push price toward $1.3750 and higher resistance at $1.38. XRP is noted as underperforming both Bitcoin and Ethereum. A fresh recovery move would face resistance at $1.3420 initially.
Why it matters
Bearish technical setup driven by: (1) price break below rising channel, (2) declining moving averages confirming downtrend, (3) momentum indicators deteriorating in bearish zone, (4) multiple identified support levels that could sustain downside if breached. However, technical analysis is pattern-based and probabilistic, not deterministic—support levels often attract buyers, limiting downside. The impact on Bitcoin is indirect; altcoin weakness rarely drives Bitcoin price declines directly, though it can shift risk sentiment. Key uncertainties include: reliability of technical support/resistance levels in volatile altcoin markets, whether external factors (regulatory, fundamental) might override technical patterns, and whether identified indicators will confirm continuation or reverse. Minute and monthly timeframes lack specificity from the article, resulting in lower confidence scores. Source credibility is moderate (NewsBTC authority score 78/100), and the content provides analysis rather than primary reporting.
Expected impact
XRP faces near-term bearish technical pressure following breakdown below key support at $1.3450. Technical indicators display deteriorating conditions: MACD gaining bearish momentum, RSI below 50, and price trading below the 100-hour moving average. Hourly and daily timeframes show highest impact probability for continued downside, with support levels at $1.32, $1.30, $1.288, $1.275, and $1.25 providing mechanical price targets if selling continues. Recovery requires clearing resistance at $1.342-$1.348 and above $1.3620. The article notes XRP underperforming Bitcoin and Ethereum, suggesting relative strength in major assets. Bitcoin exhibits minimal direct impact from this altcoin-specific analysis, though broader altcoin weakness can create minor risk-off sentiment. Longer timeframes show lower predictability and reduced impact probability.