{"id":62412,"date":"2025-04-28T05:38:39","date_gmt":"2025-04-28T05:38:39","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=62412"},"modified":"2025-04-28T05:38:39","modified_gmt":"2025-04-28T05:38:39","slug":"xrp-price-shows-strength-breakout-above-key-levels-possible","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=62412","title":{"rendered":"XRP Price Shows Strength \u2014 Breakout Above Key Levels Possible?"},"content":{"rendered":"

XRP price started a fresh increase above the $2.20 zone. The price is now consolidating near the $2.280 zone and might aim for a fresh increase.<\/em><\/p>\n

XRP price started a fresh increase above the $2.250 zone.
\nThe price is now trading above $2.220 and the 100-hourly Simple Moving Average.
\nThere is a connecting bullish trend line with support at $2.240 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might start another increase unless there is a close below the $2.20 support.<\/p>\n

XRP Price Regains Traction<\/h2>\n

XRP price started a decent upward wave above the $2.150 and $2.20 resistance levels, like Bitcoin<\/a> and Ethereum<\/a>. The price traded above the $2.220 and $2.250 levels to start a decent increase.<\/p>\n

A high was formed at $2.294 and the price started a downside correction. There was a move below the $2.280 and $2.250 support levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.162 swing low to the $2.294 high.<\/p>\n

However, the price remained supported near the $2.220 zone and the 50% Fib retracement level of the upward move from the $2.162 swing low to the $2.294 high.<\/p>\n

The price is now trading above $2.220 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line with support at $2.240 on the hourly chart of the XRP\/USD pair. On the upside, the price might face resistance near the $2.30 level.<\/p>\n

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

The first major resistance is near the $2.320 level. The next resistance is $2.350. A clear move above the $2.350 resistance might send the price toward the $2.420 resistance. Any more gains might send the price toward the $2.450 resistance or even $2.50 in the near term. The next major hurdle for the bulls might be $2.620.<\/p>\n

Dips Supported?<\/h2>\n

If XRP fails to clear the $2.30 resistance zone, it could start another decline. Initial support on the downside is near the $2.2450 level. The next major support is near the $2.220 level.<\/p>\n

If there is a downside break and a close below the $2.220 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.150 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 $2.220 and $2.20.<\/p>\n

Major Resistance Levels \u2013 $2.30 and $2.350.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a fresh increase above the $2.20 zone. The price is now consolidating near the $2.280 zone and might aim for a fresh increase. XRP price started a fresh increase above the $2.250 zone. The price is now trading above $2.220 and the 100-hourly Simple Moving Average. There is a connecting bullish trend […]<\/p>\n","protected":false},"author":0,"featured_media":62413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62412","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\/62412"}],"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=62412"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/62412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/62413"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}