
{"id":112358,"date":"2025-11-12T04:08:47","date_gmt":"2025-11-12T04:08:47","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=112358"},"modified":"2025-11-12T04:08:47","modified_gmt":"2025-11-12T04:08:47","slug":"xrp-price-pulls-back-slightly-market-still-poised-for-fresh-advance","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=112358","title":{"rendered":"XRP Price Pulls Back Slightly \u2014 Market Still Poised for Fresh Advance"},"content":{"rendered":"<p><em>XRP price started a decent increase above $2.50. The price is now correcting some gains might aim for another increase if it stays above the $2.320 level.<\/em><\/p>\n<p>XRP price started a downside correction from the $2.580 zone.<br \/>\nThe price is now trading near $2.40 and the 100-hourly Simple Moving Average.<br \/>\nThere is a short-term bearish trend line forming with resistance at $2.440 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could continue to move up if it clears $2.50.<\/p>\n<h2>XRP Price Trims Some Gains<\/h2>\n<p>XRP price started a decent upward move above $2.420 and $2.50, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-confronts-wall-107k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-poised-for-breakout-3650\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price gained pace for a clear move above the $2.550 resistance.<\/p>\n<p>A high was formed at $2.580 and the price started a downside correction. There was a move below the $2.50 level. The price dipped below the 50% Fib retracement level of the upward move from the $2.240 swing low to the $2.580 high.<\/p>\n<p>The price is now trading near $2.40 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.450 level. There is also a short-term bearish trend line forming with resistance at $2.440 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/XRP_Price_ff2677.png\"><\/a><\/p>\n<p>The first major resistance is near the $2.50 level, above which the price could rise and test $2.550. A clear move above the $2.550 resistance might send the price toward the $2.620 resistance. Any more gains might send the price toward the $2.680 resistance. The next major hurdle for the bulls might be near $2.750.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $2.50 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.3650 level or the 61.8% Fib retracement level of the upward move from the $2.240 swing low to the $2.580 high. The next major support is near the $2.320 level.<\/p>\n<p>If there is a downside break and a close below the $2.320 level, the price might continue to decline toward $2.250. 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 $2.3650 and $2.320.<\/p>\n<p>Major Resistance Levels \u2013 $2.450 and $2.50.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a decent increase above $2.50. The price is now correcting some gains might aim for another increase if it stays above the $2.320 level. XRP price started a downside correction from the $2.580 zone. The price is now trading near $2.40 and the 100-hourly Simple Moving Average. There is a short-term bearish [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":112359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-112358","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\/112358"}],"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=112358"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/112358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/112359"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=112358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=112358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=112358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}