{"id":83316,"date":"2025-07-24T04:38:37","date_gmt":"2025-07-24T04:38:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=83316"},"modified":"2025-07-24T04:38:37","modified_gmt":"2025-07-24T04:38:37","slug":"xrp-price-trims-gains-after-rally-is-this-just-a-healthy-correction","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=83316","title":{"rendered":"XRP Price Trims Gains After Rally \u2013 Is This Just a Healthy Correction?"},"content":{"rendered":"

XRP price started a downside correction from the $3.650 zone. The price is now trading below $3.30 and remains at risk of more losses.<\/em><\/p>\n

XRP price started a downside correction below the $3.50 zone.
\nThe price is now trading below $3.450 and the 100-hourly Simple Moving Average.
\nThere is a key bearish trend line forming with resistance at $3.30 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could start another increase if it stays above the $3.050 zone.<\/p>\n

XRP Price Dips Further<\/h2>\n

XRP price started a fresh decline after it failed to clear the $3.650 resistance zone, like Bitcoin<\/a> and Ethereum<\/a>. The price declined below the $3.450 and $3.350 support levels.<\/p>\n

The decline was such that the price traded below the $3.120 level. A low was formed at $3.050 and the price is now consolidating losses near the 23.6% Fib retracement level of the recent decline from the $3.650 swing high to the $3.050 low.<\/p>\n

The price is now trading below $3.450 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $3.30 on the hourly chart of the XRP\/USD pair.<\/p>\n

On the upside, the price might face resistance near the $3.2320 level. The first major resistance is near the $3.2650 level. A clear move above the $3.2650 resistance might send the price toward the $3.350 resistance or the 50% Fib retracement level of the recent decline from the $3.650 swing high to the $3.050 low.<\/p>\n

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

Any more gains might send the price toward the $3.450 resistance or even $3.50 in the near term. The next major hurdle for the bulls might be near the $3.650 zone.<\/p>\n

Another Drop?<\/h2>\n

If XRP fails to clear the $3.350 resistance zone, it could start another decline. Initial support on the downside is near the $3.150 level. The next major support is near the $3.120 level.<\/p>\n

If there is a downside break and a close below the $3.120 level, the price might continue to decline toward the $3.050 support. The next major support sits near the $3.00 zone.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for XRP\/USD is now losing pace in the bearish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n

Major Support Levels \u2013 $3.120 and $3.050.<\/p>\n

Major Resistance Levels \u2013 $3.250 and $3.350.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price started a downside correction from the $3.650 zone. The price is now trading below $3.30 and remains at risk of more losses. XRP price started a downside correction below the $3.50 zone. The price is now trading below $3.450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]<\/p>\n","protected":false},"author":0,"featured_media":83317,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83316","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\/83316"}],"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=83316"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83317"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}