
{"id":84528,"date":"2025-07-29T04:58:18","date_gmt":"2025-07-29T04:58:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=84528"},"modified":"2025-07-29T04:58:18","modified_gmt":"2025-07-29T04:58:18","slug":"xrp-price-shows-some-weakness-is-a-deeper-pullback-on-the-cards","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=84528","title":{"rendered":"XRP Price Shows Some Weakness \u2013 Is a Deeper Pullback on the Cards?"},"content":{"rendered":"<p><em>XRP price started a downside correction below the $3.250 zone. The price is now consolidating and might dip further below the $3.050 zone.<\/em><\/p>\n<p>XRP price started a fresh pullback below the $3.250 zone.<br \/>\nThe price is now trading below $3.220 and the 100-hourly Simple Moving Average.<br \/>\nThere was a break below a key bullish trend line with support at $3.240 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 $3.080 zone.<\/p>\n<h2>XRP Price Dips Below Support<\/h2>\n<p>XRP price started a fresh decline from the $3.330 zone, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-holds-support-117600\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-eyes-4k\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price declined below the $3.2850 and $3.250 support levels.<\/p>\n<p>The price dipped below the 50% Fib retracement level of the upward move from the $3.004 swing low to the $3.330 high. Besides, there was a break below a key bullish trend line with support at $3.240 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The decline was such that the price traded below the $3.120 level. The price is now trading below $3.150 and the 100-hourly Simple Moving Average.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/XRP_Price_9fe8ad.png\"><\/a><\/p>\n<p>On the upside, the price might face resistance near the $3.1680 level. The first major resistance is near the $3.220 level. A clear move above the $3.220 resistance might send the price toward the $3.250 resistance. Any more gains might send the price toward the $3.330 resistance or even $3.350 in the near term. The next major hurdle for the bulls might be near the $3.40 zone.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $3.250 resistance zone, it could start another decline. Initial support on the downside is near the $3.080 level or the 76.4% Fib retracement level of the upward move from the $3.004 swing low to the $3.330 high. The next major support is near the $3.050 level.<\/p>\n<p>If there is a downside break and a close below the $3.050 level, the price might continue to decline toward the $3.020 support. The next major support sits near the $3.00 zone where the bulls might take a stand.<\/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 $3.080 and $3.00.<\/p>\n<p>Major Resistance Levels \u2013 $3.1680 and $3.250.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a downside correction below the $3.250 zone. The price is now consolidating and might dip further below the $3.050 zone. XRP price started a fresh pullback below the $3.250 zone. The price is now trading below $3.220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":84529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84528","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\/84528"}],"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=84528"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/84528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/84529"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}