{"id":37235,"date":"2025-01-20T04:18:31","date_gmt":"2025-01-20T04:18:31","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=37235"},"modified":"2025-01-20T04:18:31","modified_gmt":"2025-01-20T04:18:31","slug":"xrp-price-holds-strong-uptrend-shows-no-signs-of-slowing","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=37235","title":{"rendered":"XRP Price Holds Strong: Uptrend Shows No Signs of Slowing"},"content":{"rendered":"

XRP price started a fresh increase above the $3.050 level. The price is holding gains and might continue to rise if it clears the $3.20 resistance.<\/em><\/p>\n

XRP price gained over 15% and rallied toward the $3.40 zone.
\nThe price is now trading below $3.250 and the 100-hourly Simple Moving Average.
\nThere is a connecting bearish trend line forming with resistance at $3.20 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might start a fresh increase if it stays above the $2.880 support.<\/p>\n

XRP Price Dips To Support<\/h2>\n

XRP price managed to start a fresh increase above the $2.750 and $2.880 resistance levels. The price outperformed both Bitcoin<\/a> and Ethereum<\/a>. There was a move above the $3.050 and $3.20 levels.<\/p>\n

The price tested the $3.40 zone and recently corrected some gains. A low was formed at $2.81 and the price is now recovering. There was a move above the $3.050 level. The price cleared the 50% Fib retracement level of the downward move from the $3.23 swing high to the $2.81 low.<\/p>\n

The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There is also a connecting bearish trend line forming with resistance at $3.20 on the hourly chart of the XRP\/USD pair.<\/p>\n

On the upside, the price might face resistance near the $3.130 level or the 76.4% Fib retracement level of the downward move from the $3.23 swing high to the $2.81 low. The first major resistance is near the $3.20 level. The next resistance is $3.230.<\/p>\n

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

A clear move above the $3.230 resistance might send the price toward the $3.320 resistance. Any more gains might send the price toward the $3.40 resistance or even $3.420 in the near term. The next major hurdle for the bulls might be $3.50 and a new all-time high.<\/p>\n

Another Downside Correction?<\/h2>\n

If XRP fails to clear the $3.20 resistance zone, it could start another decline. Initial support on the downside is near the $3.00 level. The next major support is near the $2.88 level.<\/p>\n

If there is a downside break and a close below the $2.88 level, the price might continue to decline toward the $2.750 support. The next major support sits near the $2.650 zone.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for XRP\/USD is now gaining 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 $3.00 and $2.880.<\/p>\n

Major Resistance Levels \u2013 $3.130 and $3.20.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a fresh increase above the $3.050 level. The price is holding gains and might continue to rise if it clears the $3.20 resistance. XRP price gained over 15% and rallied toward the $3.40 zone. The price is now trading below $3.250 and the 100-hourly Simple Moving Average. There is a connecting bearish […]<\/p>\n","protected":false},"author":0,"featured_media":37236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-37235","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\/37235"}],"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=37235"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/37235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/37236"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}