{"id":646207,"date":"2024-10-04T04:08:45","date_gmt":"2024-10-04T04:08:45","guid":{"rendered":"https:\/\/uniquehot.com\/?p=646207"},"modified":"2024-10-04T03:03:20","modified_gmt":"2024-10-04T03:03:20","slug":"xrp-price-stabilizes-0-5080","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-stabilizes-0-5080\/","title":{"rendered":"XRP Price Stabilizes After Losses: Can Bulls Regain Momentum?"},"content":{"rendered":"
XRP price extended losses and tested the $0.5080 support level. The price is now consolidating and might aim for a recovery toward the $0.580 resistance.<\/em><\/p>\n
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XRP price declined further below the $0.5250 zone.<\/li>\n
The price is now trading below $0.5450 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance at $0.5850 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could struggle to recover above the $0.5650 and $0.5800 resistance levels.<\/li>\n<\/ul>\n