{"id":4922,"date":"2025-05-29T04:11:06","date_gmt":"2025-05-29T04:11:06","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-targets-recovery-signs-of-strength-emerging\/"},"modified":"2025-05-29T04:11:06","modified_gmt":"2025-05-29T04:11:06","slug":"xrp-price-targets-recovery-signs-of-strength-emerging","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-targets-recovery-signs-of-strength-emerging\/","title":{"rendered":"XRP Price Targets Recovery \u2014 Signs of Strength Emerging"},"content":{"rendered":"<p><em>XRP price started a fresh decline below the $2.320 zone. The price is now correcting losses and might aim for a move above the $2.350 resistance.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh decline below the $2.300 zone.<\/li>\n<li>The price is now trading below $2.320 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a connecting bearish trend line with resistance at $2.2920 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might start another decline if it fails to clear the $2.3250 level.<\/li>\n<\/ul>\n<h2>XRP Price Faces Resistance<\/h2>\n<p>XRP price found support at $2.220 and recently started a recovery wave, unlike Bitcoin and Ethereum. There was a move above the $2.2650 and $2.280 resistance levels,<\/p>\n<p>There was a move above the 50% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2279 low. Besides, there was a break above a connecting bearish trend line with resistance at $2.2920 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>However, the bears were active near the $2.30 level. The price is now trading below $2.320 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.3250 level. It is near the 76.4% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2279 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-760876\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/XRP_Price_9880fa.png?resize=1024%2C449\" alt=\"XRP Price\" width=\"1024\" height=\"449\" loading=\"lazy\" \/><\/p>\n<p>The first major resistance is near the $2.3350 level. The next resistance is $2.350. A clear move above the $2.350 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.420 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $2.320 resistance zone, it could start another decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.260 level.<\/p>\n<p>If there is a downside break and a close below the $2.260 level, the price might continue to decline toward the $2.2320 support. The next major support sits near the $2.20 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 $2.280 and $2.260.<\/p>\n<p>Major Resistance Levels \u2013 $2.320 and $2.340.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh decline below the $2.320 zone. The price is now correcting losses and might aim for a move above the $2.350 resistance. XRP price started a fresh decline below the $2.300 zone. The price is now trading below $2.320 and the 100-hourly Simple Moving Average. There was a break above a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4923,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-4922","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\/4922","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=4922"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/4922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/4923"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=4922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=4922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=4922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}