
{"id":72907,"date":"2025-06-10T03:18:59","date_gmt":"2025-06-10T03:18:59","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=72907"},"modified":"2025-06-10T03:18:59","modified_gmt":"2025-06-10T03:18:59","slug":"xrp-price-regains-traction-can-the-bulls-pump-it-this-time","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=72907","title":{"rendered":"XRP Price Regains Traction, Can The Bulls Pump It This Time?"},"content":{"rendered":"<p><em>XRP price started a fresh increase above the $2.25 zone. The price is now consolidating and might aim for an upward move above the $2.320 resistance.<\/em><\/p>\n<p>XRP price started a decent upward move above the $2.220 zone.<br \/>\nThe price is now trading above $2.250 and the 100-hourly Simple Moving Average.<br \/>\nThere is a key bullish trend line forming with support at $2.270 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair might start another increase if it clears the $2.320 resistance zone.<\/p>\n<h2>XRP Price Aims Fresh Increase<\/h2>\n<p>XRP price formed a base and started a fresh increase from the $2.050 zone, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-rises-110k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-dips-below-2500\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. There was a move above the $2.120 and $2.20 resistance levels.<\/p>\n<p>The bulls even pushed the price above the $2.25 level. Finally, the price tested the $2.320 resistance. A high was formed at $2.3294 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.2250 swing low to the $2.3294 high.<\/p>\n<p>The price is now trading above $2.220 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2.270 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/XRP_Price_10c627.png\"><\/a><\/p>\n<p>On the upside, the price might face resistance near the $2.320 level. The first major resistance is near the $2.350 level. The next resistance is $2.40. A clear move above the $2.40 resistance might send the price toward the $2.420 resistance. Any more gains might send the price toward the $2.480 resistance or even $2.50 in the near term. The next major hurdle for the bulls might be $2.550.<\/p>\n<h2>Are Dips Supported?<\/h2>\n<p>If XRP fails to clear the $2.320 resistance zone, it could start another decline. Initial support on the downside is near the $2.2750 level. The next major support is near the $2.250 level and the 76.4% Fib retracement level of the upward move from the $2.2250 swing low to the $2.3294 high.<\/p>\n<p>If there is a downside break and a close below the $2.250 level, the price might continue to decline toward the $2.220 support. The next major support sits near the $2.20 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $2.2750 and $2.250.<\/p>\n<p>Major Resistance Levels \u2013 $2.320 and $2.350.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh increase above the $2.25 zone. The price is now consolidating and might aim for an upward move above the $2.320 resistance. XRP price started a decent upward move above the $2.220 zone. The price is now trading above $2.250 and the 100-hourly Simple Moving Average. There is a key bullish [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":72908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-72907","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\/72907"}],"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=72907"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/72908"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}