
{"id":71728,"date":"2025-06-05T02:28:32","date_gmt":"2025-06-05T02:28:32","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=71728"},"modified":"2025-06-05T02:28:32","modified_gmt":"2025-06-05T02:28:32","slug":"xrp-price-dips-to-support-is-a-bullish-rebound-on-the-horizon","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=71728","title":{"rendered":"XRP Price Dips to Support: Is a Bullish Rebound on the Horizon?"},"content":{"rendered":"<p><em>XRP price started a fresh increase above the $2.220 resistance zone. The price is now consolidating and might aim for a move above the $2.250 resistance.<\/em><\/p>\n<p>XRP price started a fresh increase above the $2.220 zone.<br \/>\nThe price is now trading above $2.220 and the 100-hourly Simple Moving Average.<br \/>\nThere is a key bullish trend line forming with support at $2.185 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair might start another increase if it clears the $2.250 resistance zone.<\/p>\n<h2>XRP Price Holds Support<\/h2>\n<p>XRP price remained stable above the $2.050 support and started a decent upward move, beating <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-slips-104200\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-aims-upside-2660\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. There was a move above the $0.2150 and $0.20 levels.<\/p>\n<p>The bulls were able to clear the $2.25 resistance zone. A high was formed at $2.2816 and the price is now correcting gains. The price dipped below the $2.25 level and the 50% Fib retracement level of the upward move from the $2.137 swing low to the $2.2816 high.<\/p>\n<p>The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2.185 on the hourly chart of the XRP\/USD pair. It is near the 61.8% Fib retracement level of the upward move from the $2.137 swing low to the $2.2816 high.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/XRP_Price_c74f9f.png\"><\/a><\/p>\n<p>On the upside, the price might face resistance near the $2.2320 level. The first major resistance is near the $2.250 level. The next resistance is $2.2850. A clear move above the $2.2850 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.380 in the near term. The next major hurdle for the bulls might be $2.40.<\/p>\n<h2>Downside Break?<\/h2>\n<p>If XRP fails to clear the $2.25 resistance zone, it could start another decline. Initial support on the downside is near the $2.20 level. The next major support is near the $2.1850 level.<\/p>\n<p>If there is a downside break and a close below the $2.1850 level, the price might continue to decline toward the $2.150 support. The next major support sits near the $2.120 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $2.20 and $2.1850.<\/p>\n<p>Major Resistance Levels \u2013 $2.250 and $2.30.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh increase above the $2.220 resistance zone. The price is now consolidating and might aim for a move above the $2.250 resistance. XRP price started a fresh increase above the $2.220 zone. The price is now trading above $2.220 and the 100-hourly Simple Moving Average. There is a key bullish trend [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":71729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-71728","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\/71728"}],"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=71728"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/71729"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}