
{"id":78976,"date":"2025-07-08T04:08:09","date_gmt":"2025-07-08T04:08:09","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=78976"},"modified":"2025-07-08T04:08:09","modified_gmt":"2025-07-08T04:08:09","slug":"xrp-price-pops-and-drops-can-bulls-regain-control","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=78976","title":{"rendered":"XRP Price Pops and Drops \u2014 Can Bulls Regain Control?"},"content":{"rendered":"<p><em>XRP price started a strong upward move above the $2.250 zone and tested $2.35. The price is now correcting gains below the $2.30 level.<\/em><\/p>\n<p>XRP price started a fresh increase above the $2.250 zone.<br \/>\nThe price is now trading above $2.250 and the 100-hourly Simple Moving Average.<br \/>\nThere was a break below a bullish trend line with support at $2.2650 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could start another increase if it stays above the $2.240 zone.<\/p>\n<h2>XRP Price Fails To Retains Gains<\/h2>\n<p>XRP price started a fresh increase after it settled above the $2.250 level, beating <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-stalls-below-110k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-hits-support-2520\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price was able to climb above the $2.2850 resistance level.<\/p>\n<p>The bulls were able to push the price above the $2.30 level. However, the bears remained active near the $2.350 zone. The price faced rejection and started a fresh decline. It declined below the 50% Fib retracement level of the upward move from the $2.205 swing low to the $2.353 high.<\/p>\n<p>Besides, there was a break below a bullish trend line with support at $2.2650 on the hourly chart of the XRP\/USD pair. The price is now trading above $2.250 and the 100-hourly Simple Moving Average.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/XRP_Price_e5d557.png\"><\/a><\/p>\n<p>On the upside, the price might face resistance near the $2.280 level. The first major resistance is near the $2.2880 level. A clear move above the $2.2880 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.3650 in the near term. The next major hurdle for the bulls might be $2.40.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $2.2880 resistance zone, it could start another decline. Initial support on the downside is near the $2.250 level. The next major support is near the $2.240 level and the 76.4% Fib retracement level of the upward move from the $2.205 swing low to the $2.353 high.<\/p>\n<p>If there is a downside break and a close below the $2.240 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 bearish 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 $2.250 and $2.240.<\/p>\n<p>Major Resistance Levels \u2013 $2.2880 and $2.320.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a strong upward move above the $2.250 zone and tested $2.35. The price is now correcting gains below the $2.30 level. XRP price started a fresh increase above the $2.250 zone. The price is now trading above $2.250 and the 100-hourly Simple Moving Average. There was a break below a bullish trend [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":78977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78976","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\/78976"}],"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=78976"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/78977"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}