{"id":663297,"date":"2024-12-17T04:08:18","date_gmt":"2024-12-17T04:08:18","guid":{"rendered":"https:\/\/uniquehot.com\/?p=663297"},"modified":"2024-12-17T03:05:54","modified_gmt":"2024-12-17T03:05:54","slug":"xrp-price-momentum-0-2525","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-momentum-0-2525\/","title":{"rendered":"XRP Price Reclaims Momentum: Is a Bigger Rally Ahead?"},"content":{"rendered":"<p><em>XRP price started a fresh increase from the $2.320 zone. The price is now rising and might soon aim for a move above the $2.55 resistance.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh increase above the $2.35 zone.<\/li>\n<li>The price is now trading above $2.40 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a connecting bearish trend line with resistance at $2.44 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might start another increase if it clears the $2.525 resistance.<\/li>\n<\/ul>\n<h2>XRP Price Regains Traction<\/h2>\n<p>XRP price started a decent upward move above the $2.40 level, like <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-powers-ahead-107k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-gears-up-4120\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. There was a move above the $2.45 and $2.50 resistance levels.<\/p>\n<p>There was a break above a connecting bearish trend line with resistance at $2.44 on the hourly chart of the XRP\/USD pair. The price even spiked above $2.550 before the bears appeared. A high was formed at $2.5870 and the price is now consolidating gains.<\/p>\n<p>There was a minor decline below $2.5250. The price dipped and tested the 50% Fib retracement level of the upward move from the $2.3272 swing low to the $2.5870 high.<\/p>\n<p>The price is now trading above $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.525 level. The first major resistance is near the $2.550 level. The next resistance is $2.5850. A clear move above the $2.5850 resistance might send the price toward the $2.650 resistance.<\/p>\n<figure id=\"attachment_663299\" aria-describedby=\"caption-attachment-663299\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-663299\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png?w=1835 1835w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png?w=104 104w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png?w=83 83w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/XRP_Price_cf72ba.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-663299\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>Any more gains might send the price toward the $2.720 resistance or even $2.750 in the near term. The next major hurdle for the bulls might be $2.880.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $2.525 resistance zone, it could start another decline. Initial support on the downside is near the $2.4550 level. The next major support is near the $2.420 level or the 61.8% Fib retracement level of the upward move from the $2.3272 swing low to the $2.5870 high.<\/p>\n<p>If there is a downside break and a close below the $2.420 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.250 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 $2.4550 and $2.420.<\/p>\n<p>Major Resistance Levels \u2013 $2.5250 and $2.5850.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh increase from the $2.320 zone. The price is now rising and might soon aim for a move above the $2.55 resistance. XRP price started a fresh increase above the $2.35 zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.44 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.525 resistance. XRP Price Regains Traction XRP price started a decent upward move above the $2.40 level, like Bitcoin and Ethereum. There was a move above the $2.45 and $2.50 resistance levels. There was a break above a connecting bearish trend line with resistance at $2.44 on the hourly chart of the XRP\/USD pair. The price even spiked above $2.550 before the bears appeared. A high was formed at $2.5870 and the price is now consolidating gains. There was a minor decline below $2.5250. The price dipped and tested the 50% Fib retracement level of the upward move from the $2.3272 swing low to the $2.5870 high. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.525 level. The first major resistance is near the $2.550 level. The next resistance is $2.5850. A clear move above the $2.5850 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.720 resistance or even $2.750 in the near term. The next major hurdle for the bulls might be $2.880. Another Drop? If XRP fails to clear the $2.525 resistance zone, it could start another decline. Initial support on the downside is near the $2.4550 level. The next major support is near the $2.420 level or the 61.8% Fib retracement level of the upward move from the $2.3272 swing low to the $2.5870 high. If there is a downside break and a close below the $2.420 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.250 zone. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level. Major Support Levels \u2013 $2.4550 and $2.420. Major Resistance Levels \u2013 $2.5250 and $2.5850.<\/p>\n","protected":false},"author":67,"featured_media":663298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[3680,74937,10972,78763],"class_list":["post-663297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>XRP Price Reclaims Momentum: Is a Bigger Rally Ahead?<\/title>\n<meta name=\"description\" content=\"XRP price started a fresh increase from the $2.320 zone. 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