Ah, the XRP price, that fickle creature, has begun its ascent once more, clawing its way above the $2.450 zone. Yet, like a drunkard stumbling toward a tavern, it now struggles to conquer the $2.480 and $2.50 resistance levels.
- XRP price, in a fit of optimism, started a fresh recovery wave above the $2.420 resistance zone. Bravo! 👏
- Currently, it’s trading above $2.420 and the 100-hourly Simple Moving Average, as if it’s trying to impress its neighbors.
- There’s a connecting bullish trend line forming with support at $2.430 on the hourly chart of the XRP/USD pair (data courtesy of Kraken, the crypto oracle).
- But beware! The pair might extend losses if it breaks the $2.420 support zone, like a poorly built bridge collapsing under its own weight.
XRP price, ever the resilient one, remained supported and began a recovery wave above the $2.350 zone, much like its cousins Bitcoin and Ethereum. It even managed to clear the $2.420 and $2.450 resistance levels, as if it were a gymnast performing a flawless routine. However, when it tested the $2.50 resistance, it faltered, like a dancer tripping over their own feet. The price reacted to the downside, dipping below the $2.45 level, and a low was formed at $2.40. Now, it’s consolidating, like a weary traveler catching their breath.
Currently, the price is trading above $2.40 and the 100-hourly Simple Moving Average. There’s also a connecting bullish trend line forming with support at $2.430 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.4550 level. The first major resistance is near the $2.480 level or the 76.4% Fib retracement level of the recent decline from the $2.50 swing high to the $2.40 low.
The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.550 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.6650 in the near term. The next major hurdle for the bulls might be $2.80, a mountain that even the most determined climber might find daunting.
But what if XRP fails to clear the $2.50 resistance zone? Oh, the horror! It could start another decline. Initial support on the downside is near the $2.420 level or the trend line. The next major support is near the $2.40 level. If there’s a downside break and a close below the $2.40 level, the price might continue to decline toward the $2.350 support. The next major support sits near the $2.280 zone, a place where dreams go to die.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone, like a runner slowing down in the final stretch.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now near the 50 level, teetering on the edge of indecision.
Major Support Levels – $2.420 and $2.40, the safety nets of the crypto world.
Major Resistance Levels – $2.480 and $2.50, the walls that XRP must scale to achieve glory.
Read More
- Clash Royale Best Boss Bandit Champion decks
- Ethereum’s Golden Cross: $4,000 Rally? Hold Your Breath!
- Kingdom Come: Deliverance 2 Gets Trial Experience On PS Plus Premium
- ESPN Might Drop Doris Burke From NBA Broadcast Team Next Season
- Chaos Zero Nightmare Combatant Tier List
- Kingdom Rush Battles Tower Tier List
- RAVEN2 redeem codes and how to use them (October 2025)
- Stocks stay snoozy as Moody’s drops U.S. credit—guess we’re all just waiting for the crash
- Millionaire Chicken Heir Johnny Ingham and Wife Rey Welcome Their First Baby!
- The Best Movies of 2025 So Far
2025-03-26 07:17