{"id":3682,"date":"2025-03-26T05:11:07","date_gmt":"2025-03-26T05:11:07","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-struggles-at-key-resistance-can-bulls-force-a-breakout\/"},"modified":"2025-03-26T05:11:07","modified_gmt":"2025-03-26T05:11:07","slug":"xrp-price-struggles-at-key-resistance-can-bulls-force-a-breakout","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-struggles-at-key-resistance-can-bulls-force-a-breakout\/","title":{"rendered":"XRP Price Struggles at Key Resistance\u2014Can Bulls Force a Breakout?"},"content":{"rendered":"<p><em>XRP price started a fresh recovery wave above the $2.450 zone. The price is now struggling to clear the $2.480 and $2.50 resistance levels.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh recovery wave above the $2.420 resistance zone.<\/li>\n<li>The price is now trading above $2.420 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a connecting bullish trend line forming with support at $2.430 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might extend losses if it breaks the $2.420 support zone.<\/li>\n<\/ul>\n<h2>XRP Price Faces Resistance<\/h2>\n<p>XRP price remained supported and started a recovery wave above the $2.350 zone, like Bitcoin and Ethereum. The price was able to clear the $2.420 and $2.450 resistance levels.<\/p>\n<p>The price even tested the $2.50 resistance. However, there was no upside break, and the price reacted to the downside. There was a move below the $2.45 level. A low was formed at $2.40 and the price is now consolidating. There was a fresh upward move above the 50% Fib retracement level of the recent decline from the $2.50 swing high to the $2.40 low.<\/p>\n<p>The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.430 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>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.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-718429\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/XRP_Price_151520.png?resize=1024%2C449\" alt=\"XRP Price\" width=\"1024\" height=\"449\" \/><\/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>More Losses?<\/h2>\n<p>If XRP fails to clear the $2.50 resistance zone, 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.<\/p>\n<p>If there is 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.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now near the 50 level.<\/p>\n<p>Major Support Levels \u2013 $2.420 and $2.40.<\/p>\n<p>Major Resistance Levels \u2013 $2.480 and $2.50.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh recovery wave above the $2.450 zone. The price is now struggling to clear the $2.480 and $2.50 resistance levels. XRP price started a fresh recovery wave above the $2.420 resistance zone. The price is now trading above $2.420 and the 100-hourly Simple Moving Average. There is a connecting bullish trend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3683,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[150],"class_list":["post-3682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-xrp"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/3682","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=3682"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/3682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/3683"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=3682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=3682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=3682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}