{"id":92973,"date":"2025-09-02T05:30:47","date_gmt":"2025-09-02T05:30:47","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=92973"},"modified":"2025-09-02T05:30:47","modified_gmt":"2025-09-02T05:30:47","slug":"xrp-price-recovery-in-focus-can-it-overcome-selling-pressure","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=92973","title":{"rendered":"XRP Price Recovery in Focus \u2013 Can It Overcome Selling Pressure?"},"content":{"rendered":"

XRP price is attempting to recover from the $2.70 zone. The price is now moving higher and might gain pace if it clears the $2.850 resistance.<\/em><\/p>\n

XRP price is attempting to recover above the $2.750 resistance.
\nThe price is now trading below $2.850 and the 100-hourly Simple Moving Average.
\nThere is a bearish trend line forming with resistance at $2.820 on the hourly chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could continue to decline if it stays below the $2.850 zone.<\/p>\n

XRP Price Eyes Recovery<\/h2>\n

XRP price started a fresh decline below $2.880, like Bitcoin<\/a> and Ethereum<\/a>. The price traded below the $2.850 and $2.820 levels to enter a bearish zone.<\/p>\n

The bears were able to push the price below $2.80 and the 100-hourly Simple Moving Average. Finally, the price declined below $2.750 and tested $2.70. A low was formed at $2.7018, and the price is now correcting some losses. There was a move above the 23.6% Fib retracement level of the downward move from the $3.040 swing high to the $2.701 low.<\/p>\n

The price is now trading below $2.820 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $2.820 on the hourly chart of the XRP\/USD pair.<\/p>\n

If the bulls protect the $2.750 support, the price could attempt another increase. On the upside, the price might face resistance near the $2.820 level. The first major resistance is near the $2.850 level. A clear move above the $2.850 resistance might send the price toward the $2.880 resistance.<\/p>\n

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

Any more gains might send the price toward the $2.920 resistance or the 61.8% Fib retracement level of the downward move from the $3.040 swing high to the $2.701 low. The next major hurdle for the bulls might be near $2.960.<\/p>\n

Another Decline?<\/h2>\n

If XRP fails to clear the $2.850 resistance zone, it could continue to move down. Initial support on the downside is near the $2.750 level. The next major support is near the $2.70 level.<\/p>\n

If there is a downside break and a close below the $2.70 level, the price might continue to decline toward $2.650. The next major support sits near the $2.60 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 above the 50 level.<\/p>\n

Major Support Levels \u2013 $2.750 and $2.70.<\/p>\n

Major Resistance Levels \u2013 $2.750 and $2.920.<\/p>","protected":false},"excerpt":{"rendered":"

XRP price is attempting to recover from the $2.70 zone. The price is now moving higher and might gain pace if it clears the $2.850 resistance. XRP price is attempting to recover above the $2.750 resistance. The price is now trading below $2.850 and the 100-hourly Simple Moving Average. There is a bearish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":92974,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92973","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\/92973"}],"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=92973"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/92974"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}