{"id":67575,"date":"2025-05-20T04:08:09","date_gmt":"2025-05-20T04:08:09","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=67575"},"modified":"2025-05-20T04:08:09","modified_gmt":"2025-05-20T04:08:09","slug":"xrp-price-eyes-gains-but-technicals-suggest-upsides-may-be-limited","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=67575","title":{"rendered":"XRP Price Eyes Gains, But Technicals Suggest Upsides May Be Limited"},"content":{"rendered":"

XRP price started a fresh decline below the $2.350 zone. The price is now recovering losses and might face hurdles near the $2.420 zone.<\/em><\/p>\n

XRP price started a fresh decline below the $2.450 zone.
\nThe price is now trading above $2.350 and the 100-hourly Simple Moving Average.
\nThere is a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might start another decline if it stays below the $2.450 resistance.<\/p>\n

XRP Price Faces Hurdles<\/h2>\n

XRP price attempted a fresh decline below the $2.450 zone, unlike Bitcoin<\/a> and Ethereum<\/a>. There was a move below the $2.40 and $2.350 levels. The price even tested the $2.2850 zone.<\/p>\n

A low was formed at $2.2848 and the price is now attempting to recover. There was a move above the $2.32 and $2.350 levels. The price surpassed the 50% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high.<\/p>\n

However, the price now faces hurdles near the $2.40 level. The price is now trading above $2.35 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level. There is also a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP\/USD pair.<\/p>\n

The first major resistance is near the $2.420 level. It is near the 76.4% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high.<\/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

Another Decline?<\/h2>\n

If XRP fails to clear the $2.420 resistance zone, it could start another decline. Initial support on the downside is near the $2.350 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 losing pace in the bearish 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 $2.350 and $2.320.<\/p>\n

Major Resistance Levels \u2013 $2.40 and $2.420.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a fresh decline below the $2.350 zone. The price is now recovering losses and might face hurdles near the $2.420 zone. XRP price started a fresh decline below the $2.450 zone. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming […]<\/p>\n","protected":false},"author":0,"featured_media":67576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67575","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\/67575"}],"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=67575"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67576"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}