{"id":57520,"date":"2025-04-08T04:08:24","date_gmt":"2025-04-08T04:08:24","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=57520"},"modified":"2025-04-08T04:08:24","modified_gmt":"2025-04-08T04:08:24","slug":"xrp-price-recovery-fades-2-remains-a-tough-nut-to-crack","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=57520","title":{"rendered":"XRP Price Recovery Fades\u2014$2 Remains A Tough Nut to Crack"},"content":{"rendered":"

XRP price started a fresh decline below the $1.750 zone and tested $1.60. The price is now correcting losses and facing hurdles near the $2.00 level.<\/em><\/p>\n

XRP price started a fresh decline below the $1.950 and $1.80 levels.
\nThe price is now trading below $1.950 and the 100-hourly Simple Moving Average.
\nThere is a connecting bearish trend line forming with resistance at $1.935 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might extend losses if it fails to clear the $2.00 resistance zone.<\/p>\n

XRP Price Faces Resistance<\/h2>\n

XRP price failed to settle above the $2.00 level and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. The price declined below the $1.950 and $1.80 support levels.<\/p>\n

There was a move above the $1.750 and $1.720 levels. The price even declined below the $1.650 level. A low was formed at $1.610 and the price is now correcting losses. There was a move above the $1.80 and $1.850 levels. The price cleared the 50% Fib retracement level of the downward move from the $2.168 swing high to the $1.610 low.<\/p>\n

The price is now trading below $1.950 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.9350 level. There is also a connecting bearish trend line forming with resistance at $1.935 on the hourly chart of the XRP\/USD pair.<\/p>\n

The trend line is close to the 61.8% Fib retracement level of the downward move from the $2.168 swing high to the $1.610 low. The first major resistance is near the $2.00 level.<\/p>\n

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

The next resistance is $2.050. A clear move above the $2.050 resistance might send the price toward the $2.120 resistance. Any more gains might send the price toward the $2.150 resistance or even $2.1650 in the near term. The next major hurdle for the bulls might be $2.20.<\/p>\n

Another Decline?<\/h2>\n

If XRP fails to clear the $1.950 resistance zone, it could start another decline. Initial support on the downside is near the $1.850 level. The next major support is near the $1.80 level.<\/p>\n

If there is a downside break and a close below the $1.80 level, the price might continue to decline toward the $1.740 support. The next major support sits near the $1.650 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 above the 50 level.<\/p>\n

Major Support Levels \u2013 $1.850 and $1.80.<\/p>\n

Major Resistance Levels \u2013 $1.950 and $2.00.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a fresh decline below the $1.750 zone and tested $1.60. The price is now correcting losses and facing hurdles near the $2.00 level. XRP price started a fresh decline below the $1.950 and $1.80 levels. The price is now trading below $1.950 and the 100-hourly Simple Moving Average. There is a connecting […]<\/p>\n","protected":false},"author":0,"featured_media":57521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57520","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\/57520"}],"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=57520"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57520\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/57521"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}