{"id":6361,"date":"2025-08-13T04:11:06","date_gmt":"2025-08-13T04:11:06","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-coiling-for-a-breakout-will-this-spark-the-next-surge-higher\/"},"modified":"2025-08-13T04:11:06","modified_gmt":"2025-08-13T04:11:06","slug":"xrp-price-coiling-for-a-breakout-will-this-spark-the-next-surge-higher","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-coiling-for-a-breakout-will-this-spark-the-next-surge-higher\/","title":{"rendered":"XRP Price Coiling for a Breakout\u2014Will This Spark the Next Surge Higher?"},"content":{"rendered":"<p><em>XRP price is consolidating gains below the $3.320 zone. The price is showing positive signs and might aim for a move above the $3.350 resistance.<\/em><\/p>\n<ul>\n<li>XRP price is struggling to settle above the $3.30 zone.<\/li>\n<li>The price is now trading above $3.220 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a bearish trend line forming with resistance at $3.288 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could gain bullish momentum if it clears the $3.30 zone.<\/li>\n<\/ul>\n<h2>XRP Price Eyes Upside Break<\/h2>\n<p>XRP price formed a base above the $3.10 level and started a fresh increase, like Bitcoin and Ethereum. The price gained pace for a move above the $3.120 and $3.15 resistance levels.<\/p>\n<p>The bulls pumped the price above the $3.250 resistance, but the bears were active near $3.30. A high was formed at $3.30 and the price dipped toward the 50% Fib retracement level of the upward move from the $3.10 swing low to the $3.30 high.<\/p>\n<p>The price is now trading above $3.220 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.2880 level. There is also a bearish trend line forming with resistance at $3.288 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-803789\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/XRP_Price_06edf4.png?resize=1024%2C493\" alt=\"XRP Price\" width=\"1024\" height=\"493\" loading=\"lazy\" \/><\/p>\n<p>The first major resistance is near the $3.30 level. A clear move above the $3.30 resistance might send the price toward the $3.350 resistance. Any more gains might send the price toward the $3.380 resistance or even $3.40 in the near term. The next major hurdle for the bulls might be near the $3.450 zone.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $3.30 resistance zone, it could start a fresh decline. Initial support on the downside is near the $3.20 level. The next major support is near the $3.150 level or the 76.4% Fib retracement level of the upward move from the $3.10 swing low to the $3.30 high.<\/p>\n<p>If there is a downside break and a close below the $3.150 level, the price might continue to decline toward the $3.080 support. The next major support sits near the $3.020 zone where the bulls might take a stand.<\/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 $3.150 and $3.080.<\/p>\n<p>Major Resistance Levels \u2013 $3.30 and $3.350.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is consolidating gains below the $3.320 zone. The price is showing positive signs and might aim for a move above the $3.350 resistance. XRP price is struggling to settle above the $3.30 zone. The price is now trading above $3.220 and the 100-hourly Simple Moving Average. There is a bearish trend line forming&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6362,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-6361","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\/6361","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=6361"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/6361\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/6362"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=6361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=6361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=6361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}