
{"id":85176,"date":"2025-07-31T04:18:27","date_gmt":"2025-07-31T04:18:27","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=85176"},"modified":"2025-07-31T04:18:27","modified_gmt":"2025-07-31T04:18:27","slug":"xrp-price-consolidation-deepens-resistance-still-capping-upside","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=85176","title":{"rendered":"XRP Price Consolidation Deepens \u2013 Resistance Still Capping Upside"},"content":{"rendered":"<p><em>XRP price started a downside correction below the $3.120 zone. The price is now attempting a recovery and might aim for a move above the $3.1650 level.<\/em><\/p>\n<p>XRP price is attempting to start a fresh increase from the $3.00 zone.<br \/>\nThe price is now trading below $3.180 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bearish trend line forming with resistance at $3.150 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 $3.00 zone.<\/p>\n<h2>XRP Price Eyes Upside Break<\/h2>\n<p>XRP price started a fresh decline below the $3.20 zone, unlike <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-climb-118600\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-regains-strength-4k\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price declined below the $3.120 and $3.080 support levels.<\/p>\n<p>The bears even pushed the price below the $3.020 support zone. Finally, the bulls appeared near the $3.00 level. A low was formed at $2.999 and the price is now attempting a recovery wave. There was a move above the $3.050 and $3.080 levels.<\/p>\n<p>The price surpassed the 23.6% Fib retracement level of the downward move from the $3.330 swing high to the $2.999 low. The price is now trading below $3.150 and the 100-hourly Simple Moving Average. There is also a bearish trend line forming with resistance at $3.150 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_b5ee40.png\"><\/a><\/p>\n<p>On the upside, the price might face resistance near the $3.150 level. The first major resistance is near the $3.1650 level. A clear move above the $3.1650 resistance might send the price toward the $3.20 resistance. Any more gains might send the price toward the $3.250 resistance or even $3.30 in the near term. The next major hurdle for the bulls might be near the $3.350 zone.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $3.1650 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 $3.00 level.<\/p>\n<p>If there is a downside break and a close below the $3.00 level, the price might continue to decline toward the $2.920 support. The next major support sits near the $2.850 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 $3.00.<\/p>\n<p>Major Resistance Levels \u2013 $3.1650 and $3.20.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price started a downside correction below the $3.120 zone. The price is now attempting a recovery and might aim for a move above the $3.1650 level. XRP price is attempting to start a fresh increase from the $3.00 zone. The price is now trading below $3.180 and the 100-hourly Simple Moving Average. There is [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":85177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85176","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\/85176"}],"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=85176"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/85177"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}