{"id":91895,"date":"2025-08-28T04:08:52","date_gmt":"2025-08-28T04:08:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91895"},"modified":"2025-08-28T04:08:52","modified_gmt":"2025-08-28T04:08:52","slug":"xrp-price-holds-ground-but-can-bulls-push-momentum-higher","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91895","title":{"rendered":"XRP Price Holds Ground, But Can Bulls Push Momentum Higher?"},"content":{"rendered":"

XRP price is holding above $2.920 support zone. The price is now consolidating and might soon attempt a move above the $3.050 resistance.<\/em><\/p>\n

XRP price is showing bearish signs below the $3.080 resistance.
\nThe price is now trading near $2.980 and the 100-hourly Simple Moving Average.
\nThere was a break below a key contracting triangle with support at $3.020 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to decline if it stays below the $3.10 zone.<\/p>\n

XRP Price Starts Consolidation<\/h2>\n

XRP price started a downside correction from $3.0850, like Bitcoin<\/a> and Ethereum<\/a>. The price traded below the $3.050 and $3.000 levels.<\/p>\n

The price dipped below the 23.6% Fib retracement level of the upward move from the $2.824 swing low to the $3.080 high. Besides, there was a break below a key contracting triangle with support at $3.020 on the hourly chart of the XRP\/USD pair.<\/p>\n

However, the price found support near the $2.950 zone. It seems like the bulls are protecting the 50% Fib retracement level of the upward move from the $2.824 swing low to the $3.080 high. The price is now trading near $2.980 and the 100-hourly Simple Moving Average. If the bulls remain in action, the price could attempt another increase.<\/p>\n

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

On the upside, the price might face resistance near the $3.020 level. The first major resistance is near the $3.080 level. A clear move above the $3.080 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

Another Decline?<\/h2>\n

If XRP fails to clear the $3.080 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.950 level. The next major support is near the $2.9220 level.<\/p>\n

If there is a downside break and a close below the $2.9220 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

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 $2.920 and $2.840.<\/p>\n

Major Resistance Levels \u2013 $3.080 and $3.120.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price is holding above $2.920 support zone. The price is now consolidating and might soon attempt a move above the $3.050 resistance. XRP price is showing bearish signs below the $3.080 resistance. The price is now trading near $2.980 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle […]<\/p>\n","protected":false},"author":0,"featured_media":91896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91895","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\/91895"}],"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=91895"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91896"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}