{"id":68537,"date":"2025-05-23T04:18:17","date_gmt":"2025-05-23T04:18:17","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=68537"},"modified":"2025-05-23T04:18:17","modified_gmt":"2025-05-23T04:18:17","slug":"xrp-price-rising-bulls-eye-2-50-with-bullish-tailwinds-in-play","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=68537","title":{"rendered":"XRP Price Rising: Bulls Eye $2.50 With Bullish Tailwinds In Play"},"content":{"rendered":"

XRP price started a consolidation phase above the $2.40 zone. The price is now rising and might aim for an upside break above $2.50.<\/em><\/p>\n

XRP price started a decent increase above the $2.40 zone.
\nThe price is now trading above $2.420 and the 100-hourly Simple Moving Average.
\nThere was a break above a key rising channel with resistance at $2.450 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might start another increase if it clears the $2.480 resistance.<\/p>\n

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

XRP price remained supported above the $0.2320 level and started a fresh increase, following Bitcoin and Ethereum. There was a move above the $0.2350 and $0.2365 resistance levels.<\/p>\n

The price even surpassed the $0.240 resistance. There was a break above a key rising channel with resistance at $2.450 on the hourly chart of the XRP\/USD pair. The bulls pushed the price toward the $0.250 level. A high was formed at $0.2479 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.3360 swing low to the $2.4796 high.<\/p>\n

The price is now trading above $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.480 level. The first major resistance is near the $2.50 level.<\/p>\n

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

The next resistance is $2.550. A clear move above the $2.550 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 $2.80.<\/p>\n

Are Dips Limited?<\/h2>\n

If XRP fails to clear the $2.50 resistance zone, it could start another decline. Initial support on the downside is near the $2.450 level. The next major support is near the $2.40 level and the 50% Fib retracement level of the upward move from the $2.3360 swing low to the $2.4796 high.<\/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 $2.3250 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 $2.450 and $2.420.<\/p>\n

Major Resistance Levels \u2013 $2.480 and $2.50.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a consolidation phase above the $2.40 zone. The price is now rising and might aim for an upside break above $2.50. XRP price started a decent increase above the $2.40 zone. The price is now trading above $2.420 and the 100-hourly Simple Moving Average. There was a break above a key rising […]<\/p>\n","protected":false},"author":0,"featured_media":68538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-68537","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\/68537"}],"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=68537"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/68537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/68538"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}