{"id":40196,"date":"2025-01-30T04:08:28","date_gmt":"2025-01-30T04:08:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=40196"},"modified":"2025-01-30T04:08:28","modified_gmt":"2025-01-30T04:08:28","slug":"xrp-price-bulls-stay-in-control-uptrend-poised-to-continue","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=40196","title":{"rendered":"XRP Price Bulls Stay In Control: Uptrend Poised to Continue"},"content":{"rendered":"

XRP price started a strong increase above the $2.950 zone. The price is now consolidating gains and might aim for more gains above the $3.15 zone.<\/em><\/p>\n

XRP price started a downside correction from the $3.220 zone.
\nThe price is now trading above $3.020 and the 100-hourly Simple Moving Average.
\nThere is a bullish flag pattern forming with resistance at $3.10 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might start a fresh increase if it clears the $3.150 resistance zone.<\/p>\n

XRP Price Remains Supported For More Gains<\/h2>\n

XRP price started a fresh increase above the $2.850 zone, outperforming Bitcoin<\/a> and Ethereum<\/a>. The price rallied above the $2.95 and $3.00 resistance levels. It even surged above $3.150.<\/p>\n

A high was formed at $3.214 and the price recently corrected some gains. There was a move below the $3.12 level. The price dipped below the 23.6% Fib retracement level of the upward wave from the $2.6562 swing low to the $3.214 high.<\/p>\n

The price is now trading above $3.020 and the 100-hourly Simple Moving Average. There is also a bullish flag pattern forming with resistance at $3.10 on the hourly chart of the XRP\/USD pair.<\/p>\n

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

On the upside, the price might face resistance near the $3.10 level. The first major resistance is near the $3.150 level. The next resistance is $3.20. A clear move above the $3.20 resistance might send the price toward the $3.250 resistance. Any more gains might send the price toward the $3.350 resistance or even $3.420 in the near term. The next major hurdle for the bulls might be $3.50.<\/p>\n

Another Decline?<\/h2>\n

If XRP fails to clear the $3.10 resistance zone, it could start another decline. Initial support on the downside is near the $3.020 level. The next major support is near the $2.950 level or the 50% Fib retracement level of the upward wave from the $2.6562 swing low to the $3.214 high.<\/p>\n

If there is a downside break and a close below the $2.950 level, the price might continue to decline toward the $2.850 support. The next major support sits near the $2.70 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 above the 50 level.<\/p>\n

Major Support Levels \u2013 $3.00 and $2.950.<\/p>\n

Major Resistance Levels \u2013 $3.10 and $3.150.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a strong increase above the $2.950 zone. The price is now consolidating gains and might aim for more gains above the $3.15 zone. XRP price started a downside correction from the $3.220 zone. The price is now trading above $3.020 and the 100-hourly Simple Moving Average. There is a bullish flag pattern […]<\/p>\n","protected":false},"author":0,"featured_media":40197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40196","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\/40196"}],"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=40196"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/40196\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/40197"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}