
{"id":106987,"date":"2025-10-23T05:08:35","date_gmt":"2025-10-23T05:08:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=106987"},"modified":"2025-10-23T05:08:35","modified_gmt":"2025-10-23T05:08:35","slug":"xrp-price-under-pressure-bulls-attempt-to-defend-key-support-zone","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=106987","title":{"rendered":"XRP Price Under Pressure \u2014 Bulls Attempt To Defend Key Support Zone"},"content":{"rendered":"<p><em>XRP price started a recovery wave from $2.20. The price is struggling to clear $2.50 and might decline if it trades below the $2.320 support.<\/em><\/p>\n<p>XRP price is moving lower from the $2.550 zone.<br \/>\nThe price is now trading below $2.420 and the 100-hourly Simple Moving Average.<br \/>\nThere was a break below a connecting bullish trend line with support at $2.320 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could start a fresh increase if it clears the $2.450 resistance.<\/p>\n<h2>XRP Price Faces Resistance<\/h2>\n<p>XRP price formed a base above $2.250 and started a recovery wave, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-stabilizes-after-drop-early-signs-of-recovery-emerge\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-faces-rejection-4050\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price surpassed the $2.40 and $2.420 resistance levels.<\/p>\n<p>The bulls were able to push the price above $2.50. However, the bears remained active near the $2.550 level. A high was formed at $2.5520 and the price recently corrected some gains. It dipped below the 50% Fib retracement level of the upward move from the $2.190 swing low to the $2.5520 high.<\/p>\n<p>Besides, there was a break below a connecting bullish trend line with support at $2.320 on the hourly chart of the XRP\/USD pair. The price is now trading below $2.420 and the 100-hourly Simple Moving Average.<\/p>\n<p>If there is a fresh upward move, the price might face resistance near the $2.420 level. The first major resistance is near the $2.50 level, above which the price could rise and test $2.550.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/XRP_Price_bd3d5d.png\"><\/a><\/p>\n<p>A clear move above the $2.550 resistance might send the price toward the $2.580 resistance. Any more gains might send the price toward the $2.650 resistance. The next major hurdle for the bulls might be near $2.720.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $2.420 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.320 level and the 61.8% Fib retracement level of the upward move from the $2.190 swing low to the $2.5520 high. The next major support is near the $2.2750 level.<\/p>\n<p>If there is a downside break and a close below the $2.2750 level, the price might continue to decline toward $2.220. The next major support sits near the $2.20 zone, below which the price could continue lower toward $2.120.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $2.320 and $2.2750.<\/p>\n<p>Major Resistance Levels \u2013 $2.420 and $2.50.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a recovery wave from $2.20. The price is struggling to clear $2.50 and might decline if it trades below the $2.320 support. XRP price is moving lower from the $2.550 zone. The price is now trading below $2.420 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":106988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-106987","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\/106987"}],"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=106987"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/106987\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/106988"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=106987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=106987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=106987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}