{"id":65874,"date":"2025-05-13T04:08:46","date_gmt":"2025-05-13T04:08:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=65874"},"modified":"2025-05-13T04:08:46","modified_gmt":"2025-05-13T04:08:46","slug":"xrp-price-retraces-gains-but-maintains-its-bullish-structure","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=65874","title":{"rendered":"XRP Price Retraces Gains But Maintains Its Bullish Structure"},"content":{"rendered":"

XRP price found support at $2.250 and started a fresh increase. The price is now correcting gains from $2.650 and testing the $2.420 support zone.<\/em><\/p>\n

XRP price started a fresh increase above the $2.50 zone.
\nThe price is now trading above $2.40 and the 100-hourly Simple Moving Average.
\nThere is a key bullish trend line forming with support at $2.4350 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 $2.550 resistance.<\/p>\n

XRP Price Dips To Support<\/h2>\n

XRP price remained supported above the $2.250 level and started a fresh upward wave, like Bitcoin<\/a> and Ethereum<\/a>. The price was able to surpass the $2.350 and $2.40 levels.<\/p>\n

The bulls pushed the price above the $2.50 resistance zone to set the pace for more gains. Finally, it tested the $2.650 zone. A high was formed at $2.6560 before there was a pullback. The price dipped below $2.50 and the 50% Fib retracement level of the upward move from the $2.3310 swing low to the $2.6560 high.<\/p>\n

However, the bulls are active above $2.40. The price is now trading above $2.420 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2.4350 on the hourly chart of the XRP\/USD pair.<\/p>\n

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

On the upside, the price might face resistance near the $2.4950 level. The first major resistance is near the $2.550 level. The next resistance is $2.600. A clear move above the $2.60 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.720 resistance or even $2.7450 in the near term. The next major hurdle for the bulls might be $2.80.<\/p>\n

Another Decline?<\/h2>\n

If XRP fails to clear the $2.550 resistance zone, it could start another decline. Initial support on the downside is near the $2.4350 level and the trend line. The next major support is near the $2.40 level.<\/p>\n

If there is a downside break and a close below the $2.40 level, the price might continue to decline toward the $2.350 support. The next major support sits near the $2.320 zone.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n

Major Support Levels \u2013 $2.4350 and $2.40.<\/p>\n

Major Resistance Levels \u2013 $2.50 and $2.550.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price found support at $2.250 and started a fresh increase. The price is now correcting gains from $2.650 and testing the $2.420 support zone. XRP price started a fresh increase above the $2.50 zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is a key bullish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":65875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65874","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\/65874"}],"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=65874"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65874\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/65875"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}