{"id":105151,"date":"2025-10-16T04:08:47","date_gmt":"2025-10-16T04:08:47","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=105151"},"modified":"2025-10-16T04:08:47","modified_gmt":"2025-10-16T04:08:47","slug":"xrp-price-coils-below-resistance-bulls-prepare-for-possible-upside-explosion","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=105151","title":{"rendered":"XRP Price Coils Below Resistance \u2014 Bulls Prepare For Possible Upside Explosion"},"content":{"rendered":"

XRP price started a consolidation phase below $2.60. The price is now showing positive signs but faces a major resistance near $2.50 and $2.60.<\/em><\/p>\n

XRP price is attempting a recovery wave above the $2.420 zone.
\nThe price is now trading below $2.50 and the 100-hourly Simple Moving Average.
\nThere is a key bearish trend line forming with resistance at $2.50 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could start a fresh surge if it clears the $2.60 resistance.<\/p>\n

XRP Price Faces Key Resistance<\/h2>\n

XRP price found support and started a strong recovery wave above $2.30, like Bitcoin<\/a> and Ethereum<\/a>. The price was able to climb above the $2.350 and $2.40 levels to enter a positive zone.<\/p>\n

The bulls were able to push the price above the 61.8% Fib retracement level of the downward wave from the $3.05 swing high to the $1.40 swing low. However, the bears are still active near the $2.550 and $2.60 levels. Besides, there is a key bearish trend line forming with resistance at $2.50 on the hourly chart of the XRP\/USD pair.<\/p>\n

The price is now trading below $2.50 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.50 level and the trend line.<\/p>\n

<\/a><\/p>\n

The first major resistance is near the $2.60 level, above which the price could rise and test the 76.4% Fib retracement level of the downward wave from the $3.05 swing high to the $1.40 swing low at $2.660. A clear move above the $2.660 resistance might send the price toward the $2.750 resistance. Any more gains might send the price toward the $2.780 resistance. The next major hurdle for the bulls might be near $2.820.<\/p>\n

Another Drop?<\/h2>\n

If XRP fails to clear the $2.50 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.40 level. The next major support is near the $2.30 level.<\/p>\n

If there is a downside break and a close below the $2.30 level, the price might continue to decline toward $2.2420. The next major support sits near the $2.220 zone, below which the price could continue lower toward $2.120.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n

Major Support Levels \u2013 $2.40 and $2.30.<\/p>\n

Major Resistance Levels \u2013 $2.50 and $2.60.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a consolidation phase below $2.60. The price is now showing positive signs but faces a major resistance near $2.50 and $2.60. XRP price is attempting a recovery wave above the $2.420 zone. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":105152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-105151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105151"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105151"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/105152"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}