
{"id":51120,"date":"2025-03-11T05:08:37","date_gmt":"2025-03-11T05:08:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=51120"},"modified":"2025-03-11T05:08:37","modified_gmt":"2025-03-11T05:08:37","slug":"xrp-price-eyes-upside-stronger-recovery-odds-compared-to-btc","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=51120","title":{"rendered":"XRP Price Eyes Upside\u2014Stronger Recovery Odds Compared to BTC"},"content":{"rendered":"<p><em>XRP price started a fresh recovery wave from the $1.90 zone. The price is now consolidating and might struggle to clear the $2.10 resistance zone.<\/em><\/p>\n<p>XRP price started a fresh decline from the $2.250 resistance zone.<br \/>\nThe price is now trading below $2.20 and the 100-hourly Simple Moving Average.<br \/>\nThere is a connecting bearish trend line forming with resistance at $2.06 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair might continue to move up if it clears the $2.10 resistance zone.<\/p>\n<h2>XRP Price Dips Further<\/h2>\n<p>XRP price started a fresh decline after it failed to clear the $2.250 zone, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-cracks-80k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-retreats-2320\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price declined below the $2.10 and $2.050 support levels.<\/p>\n<p>The bears even pushed the price below $2.00. A low was formed at $1.90 and the price is now attempting to recover. There was a move above the $1.950 and $1.980 resistance levels. The price surpassed the 23.6% Fib retracement level of the downward move from the $2.260 swing high to the $1.90 low.<\/p>\n<p>The price is now trading below $2.20 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.060 level. There is also a connecting bearish trend line forming with resistance at $2.06 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/XRP_Price_789d09.png\"><\/a><\/p>\n<p>The first major resistance is near the $2.080 level or the 50% Fib retracement level of the downward move from the $2.260 swing high to the $1.90 low. The next resistance is $2.120. A clear move above the $2.120 resistance might send the price toward the $2.1750 resistance. Any more gains might send the price toward the $2.20 resistance or even $2.250 in the near term. The next major hurdle for the bulls might be $2.450.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $2.080 resistance zone, it could start another decline. Initial support on the downside is near the $1.950 level. The next major support is near the $1.90 level.<\/p>\n<p>If there is a downside break and a close below the $1.850 level, the price might continue to decline toward the $1.80 support. The next major support sits near the $1.750 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now losing 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 $1.950 and $1.900.<\/p>\n<p>Major Resistance Levels \u2013 $2.080 and $2.1750.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh recovery wave from the $1.90 zone. The price is now consolidating and might struggle to clear the $2.10 resistance zone. XRP price started a fresh decline from the $2.250 resistance zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There is a connecting bearish trend [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":51121,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51120","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\/51120"}],"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=51120"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/51121"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}