{"id":67301,"date":"2025-05-19T04:08:45","date_gmt":"2025-05-19T04:08:45","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=67301"},"modified":"2025-05-19T04:08:45","modified_gmt":"2025-05-19T04:08:45","slug":"xrp-price-struggles-to-hold-ground-breakdown-or-breather","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=67301","title":{"rendered":"XRP Price Struggles to Hold Ground \u2014 Breakdown or Breather?"},"content":{"rendered":"

XRP price started a downside correction below the $2.480 zone. The price is now consolidating and might extend losses below the $2.320 support zone.<\/em><\/p>\n

XRP price started a fresh decline below the $2.520 zone.
\nThe price is now trading below $2.480 and the 100-hourly Simple Moving Average.
\nThere is a connecting bullish trend line forming with support at $2.3550 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might start another increase if it stays above the $2.350 support.<\/p>\n

XRP Price Dips Again<\/h2>\n

XRP price attempted a fresh increase above the $2.350 zone, like Bitcoin<\/a> and Ethereum<\/a>. However, the bears were active near the $2.450 zone. A high was formed at $2.4495 and the price is now moving lower.<\/p>\n

There was a drop below the $2.40 support level. The price dipped below the 50% Fib retracement level of the upward move from the $2.299 swing low to the $2.449 high. However, the bulls are now active near the $2.350 support.<\/p>\n

There is also a connecting bullish trend line forming with support at $2.3550 on the hourly chart of the XRP\/USD pair. The trend line is close to the 61.8% Fib retracement level of the upward move from the $2.299 swing low to the $2.449 high.<\/p>\n

The price is now trading below $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level. The first major resistance is near the $2.450 level.<\/p>\n

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

The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.60 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.680 in the near term. The next major hurdle for the bulls might be $2.80.<\/p>\n

More Losses?<\/h2>\n

If XRP fails to clear the $2.450 resistance zone, it could start another decline. Initial support on the downside is near the $2.3550 level. The next major support is near the $2.320 level.<\/p>\n

If there is a downside break and a close below the $2.320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.120 zone.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish 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 $2.350 and $2.320.<\/p>\n

Major Resistance Levels \u2013 $2.40 and $2.450.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a downside correction below the $2.480 zone. The price is now consolidating and might extend losses below the $2.320 support zone. XRP price started a fresh decline below the $2.520 zone. The price is now trading below $2.480 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming […]<\/p>\n","protected":false},"author":0,"featured_media":67302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67301","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\/67301"}],"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=67301"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67302"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}