{"id":674372,"date":"2025-01-13T04:08:58","date_gmt":"2025-01-13T04:08:58","guid":{"rendered":"https:\/\/uniquehot.com\/?p=674372"},"modified":"2025-01-13T03:23:28","modified_gmt":"2025-01-13T03:23:28","slug":"xrp-price-gears-up-2-550","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-gears-up-2-550\/","title":{"rendered":"XRP Price Gears Up: Is a Fresh Rally on the Horizon?"},"content":{"rendered":"<p><em>XRP price started a fresh surge above the $2.50 level despite pressure on Bitcoin. The price is still showing positive signs and aiming for a fresh increase above the $2.550 resistance.<\/em><\/p>\n<ul>\n<li>XRP price gained over 10% and rallied above the $2.50 zone.<\/li>\n<li>The price is now trading above $2.450 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a short-term bullish flag forming with resistance at $2.550 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might start a fresh increase if it stays above the $2.40 support.<\/li>\n<\/ul>\n<h2>XRP Price Remains In Uptrend Above $2.40<\/h2>\n<p>XRP price managed to start a fresh increase above the $2.42 and $2.45 resistance levels. The price gained over 10% and outperformed both <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-faces-uncertainty-95k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-losses-3220\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. There was a move above the $2.50 and $2.550 levels.<\/p>\n<p>The price traded as high as $2.5979 and is currently consolidating gains. There was a minor move below the $2.55 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.246 swing low to the $2.597 high.<\/p>\n<p>The price is now trading above $2.450 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.550 level. There is also a short-term bullish flag forming with resistance at $2.550 on the hourly chart of the XRP\/USD pair.<\/p>\n<figure id=\"attachment_674373\" aria-describedby=\"caption-attachment-674373\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-674373\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png?w=1835 1835w, https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png?w=104 104w, https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png?w=83 83w, https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2025\/01\/XRP_Price_4fbcea.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-674373\" 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>The first major resistance is near the $2.60 level. The next resistance is $2.65. A clear move above the $2.65 resistance might send the price toward the $2.735 resistance. Any more gains might send the price toward the $2.80 resistance or even $2.8250 in the near term. The next major hurdle for the bulls might be $2.950.<\/p>\n<h2>Downside Correction?<\/h2>\n<p>If XRP fails to clear the $2.550 resistance zone, it could start another decline. Initial support on the downside is near the $2.4850 level. The next major support is near the $2.420 level and the 50% Fib retracement level of the upward move from the $2.246 swing low to the $2.597 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 $2.350 support. The next major support sits near the $2.320 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now losing 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 $2.4850 and $2.420.<\/p>\n<p>Major Resistance Levels \u2013 $2.550 and $2.600.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh surge above the $2.50 level despite pressure on Bitcoin. The price is still showing positive signs and aiming for a fresh increase above the $2.550 resistance. XRP price gained over 10% and rallied above the $2.50 zone. The price is now trading above $2.450 and the 100-hourly Simple Moving Average. There is a short-term bullish flag forming with resistance at $2.550 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $2.40 support. XRP Price Remains In Uptrend Above $2.40 XRP price managed to start a fresh increase above the $2.42 and $2.45 resistance levels. The price gained over 10% and outperformed both Bitcoin and Ethereum. There was a move above the $2.50 and $2.550 levels. The price traded as high as $2.5979 and is currently consolidating gains. There was a minor move below the $2.55 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.246 swing low to the $2.597 high. The price is now trading above $2.450 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.550 level. There is also a short-term bullish flag forming with resistance at $2.550 on the hourly chart of the XRP\/USD pair. The first major resistance is near the $2.60 level. The next resistance is $2.65. A clear move above the $2.65 resistance might send the price toward the $2.735 resistance. Any more gains might send the price toward the $2.80 resistance or even $2.8250 in the near term. The next major hurdle for the bulls might be $2.950. Downside Correction? If XRP fails to clear the $2.550 resistance zone, it could start another decline. Initial support on the downside is near the $2.4850 level. The next major support is near the $2.420 level and the 50% Fib retracement level of the upward move from the $2.246 swing low to the $2.597 high. If there is a downside break and a close below the $2.420 level, the price might continue to decline toward the $2.350 support. The next major support sits near the $2.320 zone. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is now losing 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 $2.4850 and $2.420. Major Resistance Levels \u2013 $2.550 and $2.600.<\/p>\n","protected":false},"author":67,"featured_media":674374,"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-674372","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 Gears Up: Is a Fresh Rally on the Horizon?<\/title>\n<meta name=\"description\" content=\"XRP price started a fresh surge above the $2.50 level despite pressure on Bitcoin. 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