{"id":64673,"date":"2025-05-08T04:08:10","date_gmt":"2025-05-08T04:08:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=64673"},"modified":"2025-05-08T04:08:10","modified_gmt":"2025-05-08T04:08:10","slug":"xrp-price-breaks-key-resistance-level-eyes-fresh-upside-momentum","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=64673","title":{"rendered":"XRP Price Breaks Key Resistance Level, Eyes Fresh Upside Momentum"},"content":{"rendered":"

XRP price found support at $2.080 and started a fresh increase. The price is now gaining pace and might clear the $2.150 resistance zone.<\/em><\/p>\n

XRP price started a recovery wave above the $2.10 zone.
\nThe price is now trading above $2.120 and the 100-hourly Simple Moving Average.
\nThere was a break above a key bearish trend line with resistance near $2.1450 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might start another increase if there is a close above the $2.1680 resistance.<\/p>\n

XRP Price Eyes More Gains<\/h2>\n

XRP price remained supported above the $2.080 level and started a fresh recovery wave, like Bitcoin<\/a> and Ethereum<\/a>. The price was able to surpass the $2.10 and $2.120 levels.<\/p>\n

There was a break above a key bearish trend line with resistance near $2.1450 on the hourly chart of the XRP\/USD pair. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $2.2580 swing high to the $2.078 low.<\/p>\n

The price is now trading above $2.150 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.1680 level and the 50% Fib retracement level of the downward move from the $2.2580 swing high to the $2.078 low.<\/p>\n

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

The first major resistance is near the $2.180 level. The next resistance is $2.20. A clear move above the $2.20 resistance might send the price toward the $2.220 resistance. Any more gains might send the price toward the $2.250 resistance or even $2.30 in the near term. The next major hurdle for the bulls might be $2.320.<\/p>\n

Another Decline?<\/h2>\n

If XRP fails to clear the $2.180 resistance zone, it could start another decline. Initial support on the downside is near the $2.1320 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 $2.080 support. The next major support sits near the $2.050 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 $2.120 and $2.080.<\/p>\n

Major Resistance Levels \u2013 $2.180 and $2.20.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price found support at $2.080 and started a fresh increase. The price is now gaining pace and might clear the $2.150 resistance zone. XRP price started a recovery wave above the $2.10 zone. The price is now trading above $2.120 and the 100-hourly Simple Moving Average. There was a break above a key bearish […]<\/p>\n","protected":false},"author":0,"featured_media":64674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64673","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\/64673"}],"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=64673"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/64674"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}