{"id":46473,"date":"2025-02-21T04:18:19","date_gmt":"2025-02-21T04:18:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=46473"},"modified":"2025-02-21T04:18:19","modified_gmt":"2025-02-21T04:18:19","slug":"xrp-price-upside-move-slows-whats-stopping-the-breakout","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=46473","title":{"rendered":"XRP Price Upside Move Slows\u2014What\u2019s Stopping the Breakout?"},"content":{"rendered":"

XRP price is correcting gains from the $2.750 resistance. The price is still showing positive signs and might aim for a move above the $2.750 resistance zone.<\/em><\/p>\n

XRP price started a fresh increase above the $2.620 level.
\nThe price is now trading above $2.620 and the 100-hourly Simple Moving Average.
\nThere is a connecting bearish trend line forming with resistance at $2.720 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might start a fresh increase if it clears the $2.720 resistance zone.<\/p>\n

XRP Price Faces Resistance<\/h2>\n

XRP price remained supported above the $2.550 level. It formed a base and started a strong increase<\/a> above the $2.62 resistance zone, outperforming Bitcoin<\/a> and Ethereum.<\/p>\n

The price cleared the $2.650 and $2.680 resistance levels. There was a clear move above the 61.8% Fib retracement level of the downward wave from the $2.8320 swing high to the $2.470 low. However, the bears were active near the $2.750 resistance zone.<\/p>\n

They protected a close above the 76.4% Fib retracement level of the downward wave from the $2.8320 swing high to the $2.470 low. The price is now moving lower below $2.70. The price is now trading above $2.720 and the 100-hourly Simple Moving Average.<\/p>\n

On the upside, the price might face resistance near the $2.720 level. There is also a connecting bearish trend line forming with resistance at $2.720 on the hourly chart of the XRP\/USD pair.<\/p>\n

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

The first major resistance is near the $2.750 level. The next resistance is $2.80. A clear move above the $2.80 resistance might send the price toward the $2.850 resistance. Any more gains might send the price toward the $2.920 resistance or even $2.950 in the near term. The next major hurdle for the bulls might be $3.00.<\/p>\n

More Losses?<\/h2>\n

If XRP fails to clear the $2.720 resistance zone, it could start another decline. Initial support on the downside is near the $2.650 level. The next major support is near the $2.60 level.<\/p>\n

If there is a downside break and a close below the $2.60 level, the price might continue to decline toward the $2.550 support. The next major support sits near the $2.50 zone.<\/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 $2.650 and $2.60.<\/p>\n

Major Resistance Levels \u2013 $2.720 and $2.750.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price is correcting gains from the $2.750 resistance. The price is still showing positive signs and might aim for a move above the $2.750 resistance zone. XRP price started a fresh increase above the $2.620 level. The price is now trading above $2.620 and the 100-hourly Simple Moving Average. There is a connecting bearish […]<\/p>\n","protected":false},"author":0,"featured_media":46474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-46473","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\/46473"}],"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=46473"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/46473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/46474"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}