{"id":3643,"date":"2025-03-24T05:11:08","date_gmt":"2025-03-24T05:11:08","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-reclaims-ground-is-a-bigger-push-just-getting-started\/"},"modified":"2025-03-24T05:11:08","modified_gmt":"2025-03-24T05:11:08","slug":"xrp-price-reclaims-ground-is-a-bigger-push-just-getting-started","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-reclaims-ground-is-a-bigger-push-just-getting-started\/","title":{"rendered":"XRP Price Reclaims Ground\u2014Is a Bigger Push Just Getting Started?"},"content":{"rendered":"<p><em>XRP price started a fresh recovery wave above the $2.250 zone. The price is now consolidating and might clear the $2.4650 resistance zone.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh recovery wave above the $2.320 resistance zone.<\/li>\n<li>The price is now trading above $2.350 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a connecting bearish trend line with resistance at $2.40 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might continue to move up if it clears the $2.4650 resistance zone.<\/li>\n<\/ul>\n<h2>XRP Price Eyes Breakout<\/h2>\n<p>XRP price remained supported and started a recovery wave above the $2.20 zone, like Bitcoin and Ethereum. The price was able to clear the $2.250 and $2.320 resistance levels.<\/p>\n<p>The bulls were able to push the price above the 23.6% Fib retracement level of the downward move from the $2.581 swing high to the $2.354 low. Besides, there was a break above a connecting bearish trend line with resistance at $2.40 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price is now trading above $2.320 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.450 level. The first major resistance is near the $2.4650 level or the 50% Fib retracement level of the downward move from the $2.581 swing high to the $2.354 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-717221\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/XRP_Price_d62d5e.png?resize=1024%2C449\" alt=\"XRP Price\" width=\"1024\" height=\"449\" loading=\"lazy\" \/><\/p>\n<p>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.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $2.4650 resistance zone, it could start another decline. Initial support on the downside is near the $2.400 level and the trend line. The next major support is near the $2.350 level.<\/p>\n<p>If there is a downside break and a close below the $2.350 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.250 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish 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 $2.40 and $2.350.<\/p>\n<p>Major Resistance Levels \u2013 $2.4650 and $2.50.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh recovery wave above the $2.250 zone. The price is now consolidating and might clear the $2.4650 resistance zone. XRP price started a fresh recovery wave above the $2.320 resistance zone. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. There was a break above a connecting&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3644,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-3643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrp","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/3643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=3643"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/3643\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/3644"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=3643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=3643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=3643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}