
{"id":91584,"date":"2025-08-27T04:08:44","date_gmt":"2025-08-27T04:08:44","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91584"},"modified":"2025-08-27T04:08:44","modified_gmt":"2025-08-27T04:08:44","slug":"xrp-price-recovers-slightly-can-buyers-push-past-obstacles","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91584","title":{"rendered":"XRP Price Recovers Slightly, Can Buyers Push Past Obstacles?"},"content":{"rendered":"<p><em>XRP price is correcting losses from the $2.820 zone. The price is now trading below $3.050 and remains at risk of more losses in the near term.<\/em><\/p>\n<p>XRP price is showing bearish signs below the $3.10 resistance.<br \/>\nThe price is now trading near $3.00 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bullish trend line forming with support at $2.970 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could continue to decline if it stays below the $3.050 zone.<\/p>\n<h2>XRP Price Faces Resistance<\/h2>\n<p>XRP price started a downside correction below $3.050, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-recovery-stalls-112k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-pulls-back-4550\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. The price traded below the $3.00 and $2.95 levels before the bulls appeared.<\/p>\n<p>A low was formed at $2.824 and the price is now attempting a fresh increase. There was a move above the $2.92 and $2.95 levels. The price surpassed the 50% Fib retracement level of the downward move from the $3.126 swing high to the $2.824 low.<\/p>\n<p>The price is now trading near $3.00 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $2.970 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/XRP_Price_e8cca1.png\"><\/a><\/p>\n<p>On the upside, the price might face resistance near the $3.050 level and the 76.4% Fib retracement level of the downward move from the $3.126 swing high to the $2.824 low. The first major resistance is near the $3.10 level. A clear move above the $3.10 resistance might send the price toward the $3.120 resistance. Any more gains might send the price toward the $3.150 resistance. The next major hurdle for the bulls might be near $3.20.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $3.050 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.970 level. The next major support is near the $2.920 level.<\/p>\n<p>If there is a downside break and a close below the $2.920 level, the price might continue to decline toward $2.840. The next major support sits near the $2.780 zone, below which the price could gain bearish momentum.<\/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 $2.970 and $2.840.<\/p>\n<p>Major Resistance Levels \u2013 $3.050 and $3.10.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price is correcting losses from the $2.820 zone. The price is now trading below $3.050 and remains at risk of more losses in the near term. XRP price is showing bearish signs below the $3.10 resistance. The price is now trading near $3.00 and the 100-hourly Simple Moving Average. There is a bullish trend [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":91585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91584","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\/91584"}],"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=91584"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91585"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}