NewsBTC 2025-06-27 03:08:41

XRP Price Under Pressure — Can It Maintain The Bullish Structure?

XRP price started a downside correction from the $2.220 zone. The price is consolidating and might decline further toward the $2.020 support. XRP price started a downside correction below the $2.20 zone. The price is now trading below $2.150 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2.150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could find bids near the $2.020 zone and start a fresh increase. XRP Price Dips Below Support XRP price attempted more gains above the $2.150 zone, like Bitcoin and Ethereum . The price spiked above the $2.20 and $2.220 levels, but the bulls failed to extend gains. A high was formed at $2.2294 and the price is now correcting gains. There was a move below the $2.20 and $2.15 levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. Besides, there was a break below a bullish trend line with support at $2.150 on the hourly chart of the XRP/USD pair. The price is now trading below $2.180 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.150 level. The first major resistance is near the $2.20 level. The next resistance is $2.220. A clear move above the $2.220 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.40 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. More Losses? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.070 level or the 50% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. The next major support is near the $2.020 level. If there is a downside break and a close below the $2.020 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.920 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.070 and $2.020. Major Resistance Levels – $2.20 and $2.220.

Наиболее читаемые новости

Why XRP Price Is Up Today?
2025-06-28
Ripple vs SEC Lawsuit Not Fully Settled Yet,...
2025-06-28
Crypto Hacks Surge in 2025: $2.1 Billion Stol...
2025-06-28
Top 5 High-Potential Crypto Presales Analysts...
2025-06-28
XRP Price Prediction As Ripple Ends Legal Bat...
2025-06-28
Robinhood Introduces Micro Futures Contracts...
2025-06-28
Binance Coin Eyes $900 Target as Exchange Act...
2025-06-28
XRP Price Rises as Ripple Signals Possible En...
2025-06-28

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения