{"id":51403,"date":"2025-03-12T07:08:30","date_gmt":"2025-03-12T07:08:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=51403"},"modified":"2025-03-12T07:08:30","modified_gmt":"2025-03-12T07:08:30","slug":"xrp-price-eyes-upside-break-can-bulls-push-through-resistance","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=51403","title":{"rendered":"XRP Price Eyes Upside Break\u2014Can Bulls Push Through Resistance?"},"content":{"rendered":"

XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone.<\/em><\/p>\n

XRP price started a fresh decline from the $2.200 resistance zone.
\nThe price is now trading below $2.1850 and the 100-hourly Simple Moving Average.
\nThere is a short-term rising channel forming with resistance at $2.250 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might continue to move up if it clears the $2.250 resistance zone.<\/p>\n

XRP Price Dips Further<\/h2>\n

XRP price started a fresh decline after it failed to clear the $2.20 zone, like Bitcoin<\/a> and Ethereum<\/a>. The price declined below the $2.120 and $2.050 support levels.<\/p>\n

The bears even pushed the price below $2.00. A low was formed at $1.90 and the price recently started a decent upward move. There was a move above the $1.980 and $2.00 resistance levels. The price surpassed the 50% Fib retracement level of the downward wave from the $2.365 swing high to the $1.90 low.<\/p>\n

The price is now trading below $2.1850 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.250 level. There is also a short-term rising channel forming with resistance at $2.250 on the hourly chart of the XRP\/USD pair.<\/p>\n

The 76.4% Fib retracement level of the downward wave from the $2.365 swing high to the $1.90 low is also near the $2.250 level. The first major resistance is near the $2.350 level.<\/p>\n

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

The next resistance is $2.420. A clear move above the $2.420 resistance might send the price toward the $2.450 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.650.<\/p>\n

Another Decline?<\/h2>\n

If XRP fails to clear the $2.250 resistance zone, it could start another decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.120 level.<\/p>\n

If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for XRP\/USD is now losing pace in the bearish 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 $2.120 and $2.050.<\/p>\n

Major Resistance Levels \u2013 $2.250 and $2.350.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone. XRP price started a fresh decline from the $2.200 resistance zone. The price is now trading below $2.1850 and the 100-hourly Simple Moving Average. There is a short-term rising channel […]<\/p>\n","protected":false},"author":0,"featured_media":51404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51403","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\/51403"}],"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=51403"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/51404"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}