--- title: "XRP Price Tumbles Under $1.22 As Market Sentiment Turns Sour" type: "News" locale: "en" url: "https://longbridge.com/en/news/288513631.md" description: "XRP price has tumbled below $1.22, extending losses amid sour market sentiment similar to Bitcoin and Ethereum. Trading below the $1.250 zone and key moving averages, XRP faces resistance at $1.2350 and $1.2580. Technical indicators like MACD and RSI signal bearish momentum. If support at $1.20 breaks, further declines toward $1.1920 are possible." datetime: "2026-06-03T03:48:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288513631.md) - [en](https://longbridge.com/en/news/288513631.md) - [zh-HK](https://longbridge.com/zh-HK/news/288513631.md) generator: "portal-rs" --- # XRP Price Tumbles Under $1.22 As Market Sentiment Turns Sour *XRP price extended losses and traded below $1.220. The price is now consolidating losses and faces hurdles near $1.2350 and $1.250.* - XRP price started another decline and traded below the $1.250 zone. - The price is now trading below $1.2350 and the 100-hourly Simple Moving Average. - There is a bearish trend line forming with resistance at $1.2850 on the hourly chart of the XRP/USD pair (data source from Kraken). - The pair could continue to move down if it stays below $1.250. **XRP Price Dips Below $1.250** XRP price failed to stay above $1.30 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.2850 and $1.2650 to enter a short-term bearish zone. The price even extended losses below $1.220. A low was formed at $1.1924, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3640 swing high to the $1.1924 low. The price is now trading below $1.2320 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.2330 level. The first major resistance is near the $1.2580 level. The main resistance could be $1.2780 or the 50% Fib retracement level of the downward move from the $1.3640 swing high to the $1.1924 low. A close above $1.2780 could send the price to $1.2850. The next hurdle sits at $1.2880. There is also a bearish trend line forming with resistance at $1.2850 on the hourly chart of the XRP/USD pair. A clear move above the $1.2880 resistance might send the price toward the $1.30 resistance. Any more gains might send the price toward the $1.3250 resistance. **More Losses?** If XRP fails to clear the $1.2580 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.2050 level. The next major support is near the $1.20 level. If there is a downside break and a close below the $1.20 level, the price might continue to decline toward $1.1920. The next major support sits near the $1.1880 zone, below which the price could continue lower toward $1.1840. 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 below the 50 level. Major Support Levels – $1.1920 and $1.1840. 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