{"id":66460,"date":"2025-05-15T04:08:53","date_gmt":"2025-05-15T04:08:53","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=66460"},"modified":"2025-05-15T04:08:53","modified_gmt":"2025-05-15T04:08:53","slug":"xrp-price-pulls-back-but-holds-support-bulls-still-in-the-game","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=66460","title":{"rendered":"XRP Price Pulls Back but Holds Support \u2014 Bulls Still in the Game"},"content":{"rendered":"

XRP price extended gains above the $2.60 zone. The price is now correcting gains from $2.65 and might find bids near the $2.480 zone.<\/em><\/p>\n

XRP price started a fresh increase above the $2.550 zone.
\nThe price is now trading above $2.50 and the 100-hourly Simple Moving Average.
\nThere was a break below a key bullish trend line with support at $2.550 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might start another increase if it stays above the $2.480 support.<\/p>\n

XRP Price Corrects Some Gains<\/h2>\n

XRP price remained supported above the $2.420 level and started a fresh upward wave, like Bitcoin<\/a> and Ethereum<\/a>. The price was able to surpass the $2.50 and $2.550 levels.<\/p>\n

The bulls pushed the price above the $2.60 resistance zone. Finally, it tested the $2.650 zone. A high was formed at $2.650 before there was a pullback. The price dipped below $2.550 and the 50% Fib retracement level of the upward move from the $2.4220 swing low to the $2.650 high.<\/p>\n

Besides, there was a break below a key bullish trend line with support at $2.550 on the hourly chart of the XRP\/USD pair. The price is now trading above $2.50 and the 100-hourly Simple Moving Average.<\/p>\n

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

On the upside, the price might face resistance near the $2.550 level. The first major resistance is near the $2.580 level. The next resistance is $2.60. 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 $2.750 in the near term. The next major hurdle for the bulls might be $2.880.<\/p>\n

More Losses?<\/h2>\n

If XRP fails to clear the $2.580 resistance zone, it could start another decline. Initial support on the downside is near the $2.510 level and the 61.8% Fib retracement level of the upward move from the $2.4220 swing low to the $2.650 high. The next major support is near the $2.480 level.<\/p>\n

If there is a downside break and a close below the $2.480 level, the price might continue to decline toward the $2.450 support. The next major support sits near the $2.420 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 $2.510 and $2.480.<\/p>\n

Major Resistance Levels \u2013 $2.60 and $2.650.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price extended gains above the $2.60 zone. The price is now correcting gains from $2.65 and might find bids near the $2.480 zone. XRP price started a fresh increase above the $2.550 zone. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There was a break below a key bullish […]<\/p>\n","protected":false},"author":0,"featured_media":66461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66460","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\/66460"}],"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=66460"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/66460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/66461"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}