{"id":69048,"date":"2025-05-26T03:08:01","date_gmt":"2025-05-26T03:08:01","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=69048"},"modified":"2025-05-26T03:08:01","modified_gmt":"2025-05-26T03:08:01","slug":"xrp-price-bounces-back-can-it-reclaim-key-resistance-levels","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=69048","title":{"rendered":"XRP Price Bounces Back \u2014 Can It Reclaim Key Resistance Levels?"},"content":{"rendered":"

XRP price started a consolidation phase above the $2.250 zone. The price is now rising and might aim for an upside break above $2.350.<\/em><\/p>\n

XRP price started a decent increase above the $2.30 zone.
\nThe price is now trading below $2.350 and the 100-hourly Simple Moving Average.
\nThere was a break above a connecting bearish trend line with resistance at $2.30 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair might start another increase if it clears the $2.380 resistance.<\/p>\n

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

XRP price started a downside correction below the $2.420 level, following Bitcoin<\/a> and Ethereum<\/a>. There was a move below the $2.350 and $2.30 levels. However, the bulls were active near the $2.650 level.<\/p>\n

A low was formed at $2.2670 and the price is now recovering. The price even surpassed the $2.300 resistance. There was a break above a connecting bearish trend line with resistance at $2.30 on the hourly chart of the XRP\/USD pair.<\/p>\n

The pair even surpassed the 23.6% Fib retracement level of the downward move from the $2.4767 swing high to the $2.2670 low. The price is now trading below $2.40 and the 100-hourly Simple Moving Average.<\/p>\n

On the upside, the price might face resistance near the $2.380 level. It is close to the 50% Fib retracement level of the downward move from the $2.4767 swing high to the $2.2670 low. The first major resistance is near the $2.40 level. The next resistance is $2.420.<\/p>\n

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

A clear move above the $2.420 resistance might send the price toward the $2.480 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.5650 in the near term. The next major hurdle for the bulls might be $2.650.<\/p>\n

Another Decline?<\/h2>\n

If XRP fails to clear the $2.380 resistance zone, it could start another decline. Initial support on the downside is near the $2.320 level. The next major support is near the $2.30 level.<\/p>\n

If there is a downside break and a close below the $2.30 level, the price might continue to decline toward the $2.2650 support. The next major support sits near the $2.250 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 $2.320 and $2.30.<\/p>\n

Major Resistance Levels \u2013 $2.380 and $2.420.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a consolidation phase above the $2.250 zone. The price is now rising and might aim for an upside break above $2.350. XRP price started a decent increase above the $2.30 zone. The price is now trading below $2.350 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish […]<\/p>\n","protected":false},"author":0,"featured_media":69049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-69048","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\/69048"}],"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=69048"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/69048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/69049"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}