{"id":3811,"date":"2025-04-02T04:11:05","date_gmt":"2025-04-02T04:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-recovery-stalls-are-bears-still-in-control\/"},"modified":"2025-04-02T04:11:05","modified_gmt":"2025-04-02T04:11:05","slug":"xrp-recovery-stalls-are-bears-still-in-control","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-recovery-stalls-are-bears-still-in-control\/","title":{"rendered":"XRP Recovery Stalls\u2014Are Bears Still In Control?"},"content":{"rendered":"<p><em>XRP price started a fresh decline from the $2.20 zone. The price is now consolidating and might face hurdles near the $2.120 level.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh decline after it failed to clear the $2.20 resistance zone.<\/li>\n<li>The price is now trading below $2.150 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a connecting bearish trend line forming with resistance at $2.120 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might extend losses if it fails to clear the $2.20 resistance zone.<\/li>\n<\/ul>\n<h2>XRP Price Faces Rejection<\/h2>\n<p>XRP price failed to continue higher above the $2.20 resistance zone and reacted to the downside, like Bitcoin and Ethereum. The price declined below the $2.150 and $2.120 levels.<\/p>\n<p>The bears were able to push the price below the 50% Fib retracement level of the recovery wave from the $2.023 swing low to the $2.199 high. There is also a connecting bearish trend line forming with resistance at $2.120 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price is now trading below $2.150 and the 100-hourly Simple Moving Average. However, the bulls are now active near the $2.10 support level. They are protecting the 61.8% Fib retracement level of the recovery wave from the $2.023 swing low to the $2.199 high.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-722510\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/XRP_Price_53b47b.png?resize=1024%2C478\" alt=\"XRP Price \" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>On the upside, the price might face resistance near the $2.120 level and the trend line zone. The first major resistance is near the $2.150 level. The next resistance is $2.20. A clear move above the $2.20 resistance might send the price toward the $2.240 resistance. Any more gains might send the price toward the $2.2650 resistance or even $2.2880 in the near term. The next major hurdle for the bulls might be $2.320.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $2.150 resistance zone, it could start another decline. Initial support on the downside is near the $2.10 level. The next major support is near the $2.0650 level.<\/p>\n<p>If there is a downside break and a close below the $2.0650 level, the price might continue to decline toward the $2.020 support. The next major support sits near the $2.00 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $2.10 and $2.050.<\/p>\n<p>Major Resistance Levels \u2013 $2.120 and $2.20.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh decline from the $2.20 zone. The price is now consolidating and might face hurdles near the $2.120 level. XRP price started a fresh decline after it failed to clear the $2.20 resistance zone. The price is now trading below $2.150 and the 100-hourly Simple Moving Average. There is a connecting&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3812,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-3811","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\/3811","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=3811"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/3811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/3812"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=3811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=3811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=3811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}