<div id="readability-page-1"><div>XRP price started a recovery wave above $1.950 but failed near $2.00. The price is now showing a few bearish signs and might decline below $1.920.<ul><li>XRP price started a recovery wave above the $1.950 zone.</li><li>The price is now trading below $2.00 and the 100-hourly Simple Moving Average.</li><li>There is a bearish trend line forming with resistance at $2.00 on the hourly chart of the XRP/USD pair (data source from Kraken).</li><li>The pair could continue to move down if it settles below $1.920.</li></ul>XRP Price Faces Key HurdleXRP price remained supported above $1.8650 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.90 and $1.920 to enter a short-term positive zone.There was also a move above the 50% Fib retracement level of the downward move from the $2.028 swing high to the $1.868 low. The price even spiked above $1.980 before the bears appeared. The bulls failed to clear the $2.00 resistance. There is also a bearish trend line forming with resistance at $2.00 on the hourly chart of the XRP/USD pair.The price is now trading below $2.00 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.990 level or the 76.4% Fib retracement level of the downward move from the $2.028 swing high to the $1.868 low.<figure></figure>The first major resistance is near the $2.00 level. A close above $2.00 could send the price to $2.0650. The next hurdle sits at $2.10. A clear move above the $2.10 resistance might send the price toward the $2.150 resistance. Any more gains might send the price toward the $2.20 resistance. The next major hurdle for the bulls might be near $2.250.Another Drop?If XRP fails to clear the $2.00 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.920 level. The next major support is near the $1.90 level.If there is a downside break and a close below the $1.90 level, the price might continue to decline toward $1.8650. The next major support sits near the $1.820 zone, below which the price could continue lower toward $1.750.Technical IndicatorsHourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.Major Support Levels – $1.920 and $1.90.Major Resistance Levels – $2.00 and $2.065.</div></div>

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XRP price attempted a recovery above $1.950 but faced strong resistance near $2.00, showing bearish signs and potential decline below $1.920. The price is currently below $2.00 and the 100-hourly SMA, with a bearish trend line forming. Key resistance is at $2.00, while support levels are at $1.920 and $1.90. If XRP fails to break the $2.00 resistance, it may decline further towards $1.8650 and below. Technical indicators show a weakening bullish momentum with the MACD losing pace, while the RSI remains above 50.

XRP Price Recovery Meets Strong Resistance, Upside Under Threat