
{"id":84851,"date":"2025-07-30T04:08:29","date_gmt":"2025-07-30T04:08:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=84851"},"modified":"2025-07-30T04:08:29","modified_gmt":"2025-07-30T04:08:29","slug":"xrp-price-starts-recovery-move-will-it-lead-to-a-bullish-reversal","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=84851","title":{"rendered":"XRP Price Starts Recovery Move \u2013 Will It Lead to a Bullish Reversal?"},"content":{"rendered":"<p><em>XRP price started a downside correction below the $3.20 zone. The price is now attempting a recovery and might aim for a move above the $3.180 level.<\/em><\/p>\n<p>XRP price started a fresh pullback below the $3.20 zone.<br \/>\nThe price is now trading below $3.20 and the 100-hourly Simple Moving Average.<br \/>\nThere was a break above a bearish trend line with resistance at $3.120 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 Eyes Fresh Increase<\/h2>\n<p>XRP price started a fresh decline below the $3.30 zone, unlike <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-stays-strong-3720\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price declined below the $3.250 and $3.220 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. The bears even pushed the price below the $3.120 support zone. Finally, the bulls appeared near the $3.080 level.<\/p>\n<p>The price found support near the 76.4% Fib retracement level of the upward move from the $3.004 swing low to the $3.330 high. Recently, there was a break above a bearish trend line with resistance at $3.120 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/XRP_Price_266c0f.png\"><\/a><\/p>\n<p>The price is now trading below $3.20 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.170 level. The first major resistance is near the $3.20 level. A clear move above the $3.20 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 $3.20 resistance zone, it could start another decline. Initial support on the downside is near the $3.080 level. The next major support is near the $3.020 level.<\/p>\n<p>If there is a downside break and a close below the $3.020 level, the price might continue to decline toward the $3.00 support. The next major support sits near the $2.980 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 losing pace in the bearish 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 $3.080 and $3.020.<\/p>\n<p>Major Resistance Levels \u2013 $3.170 and $3.20.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a downside correction below the $3.20 zone. The price is now attempting a recovery and might aim for a move above the $3.180 level. XRP price started a fresh pullback below the $3.20 zone. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There was a break above [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":84852,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84851","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\/84851"}],"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=84851"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/84851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/84852"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}