{"id":656392,"date":"2024-12-03T04:08:55","date_gmt":"2024-12-03T04:08:55","guid":{"rendered":"https:\/\/ktsl888.com\/?p=656392"},"modified":"2024-12-03T03:04:41","modified_gmt":"2024-12-03T03:04:41","slug":"xrp-price-defies-the-odds-can-it-smash-through-3","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-defies-the-odds-can-it-smash-through-3\/","title":{"rendered":"XRP Price Defies The Odds &#8211; Can It Smash Through $3?"},"content":{"rendered":"<p><em>XRP price is up over 50% and trading well above $2.50. The price is consolidating near $2.70 and might aim for more gains above the $2.80 level.<\/em><\/p>\n<ul>\n<li>XRP price is eyeing a fresh increase above the $2.80 resistance zone.<\/li>\n<li>The price is now trading above $2.50 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a short-term contracting triangle forming with resistance at $2.72 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might continue to accelerate if it clears the $2.75 resistance.<\/li>\n<\/ul>\n<h2>XRP Price Extends Surge Above $2.50<\/h2>\n<p>XRP price accelerated higher after it settled above the $2.00 level. It cleared many hurdles near $2.25, beating <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-hovers-100k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and like <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-recovery-3650\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. There was a move above the $2.50 and $2.65 resistance levels.<\/p>\n<p>It is up over 50% and there was a move above the $2.80 level. A high was formed at $2.869 and the price is now consolidating gains. It dipped some points and tested the $2.70 level. There was a move below the 2.36% Fib retracement level of the upward move from the $2.190 swing low to the $2.869 high.<\/p>\n<p>The price is now trading above $2.50 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.720 level. There is also a short-term contracting triangle forming with resistance at $2.72 on the hourly chart of the XRP\/USD pair.<\/p>\n<figure id=\"attachment_656393\" aria-describedby=\"caption-attachment-656393\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-656393\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png?w=104 104w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png?w=83 83w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_27550a.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-656393\" 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 $2.750 level. The next key resistance could be $2.850. A clear move above the $2.850 resistance might send the price toward the $2.960 resistance. Any more gains might send the price toward the $3.00 resistance or even $3.120 in the near term. The next major hurdle for the bulls might be $3.20.<\/p>\n<h2>Are Dips Supported?<\/h2>\n<p>If XRP fails to clear the $2.720 resistance zone, it could start a downside correction. Initial support on the downside is near the $2.650 level. The next major support is near the $2.520 level or the 50% Fib retracement level of the upward move from the $2.190 swing low to the $2.869 high.<\/p>\n<p>If there is a downside break and a close below the $2.520 level, the price might continue to decline toward the $2.450 support. The next major support sits near the $2.30 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 $2.5200 and $2.4500.<\/p>\n<p>Major Resistance Levels \u2013 $2.7200 and $2.8500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is up over 50% and trading well above $2.50. The price is consolidating near $2.70 and might aim for more gains above the $2.80 level. XRP price is eyeing a fresh increase above the $2.80 resistance zone. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $2.72 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair might continue to accelerate if it clears the $2.75 resistance. XRP Price Extends Surge Above $2.50 XRP price accelerated higher after it settled above the $2.00 level. It cleared many hurdles near $2.25, beating Bitcoin and like Ethereum. There was a move above the $2.50 and $2.65 resistance levels. It is up over 50% and there was a move above the $2.80 level. A high was formed at $2.869 and the price is now consolidating gains. It dipped some points and tested the $2.70 level. There was a move below the 2.36% Fib retracement level of the upward move from the $2.190 swing low to the $2.869 high. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.720 level. There is also a short-term contracting triangle forming with resistance at $2.72 on the hourly chart of the XRP\/USD pair. The first major resistance is near the $2.750 level. The next key resistance could be $2.850. A clear move above the $2.850 resistance might send the price toward the $2.960 resistance. Any more gains might send the price toward the $3.00 resistance or even $3.120 in the near term. The next major hurdle for the bulls might be $3.20. Are Dips Supported? If XRP fails to clear the $2.720 resistance zone, it could start a downside correction. Initial support on the downside is near the $2.650 level. The next major support is near the $2.520 level or the 50% Fib retracement level of the upward move from the $2.190 swing low to the $2.869 high. If there is a downside break and a close below the $2.520 level, the price might continue to decline toward the $2.450 support. The next major support sits near the $2.30 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 $2.5200 and $2.4500. Major Resistance Levels \u2013 $2.7200 and $2.8500.<\/p>\n","protected":false},"author":67,"featured_media":656394,"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-656392","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 Defies The Odds - Can It Smash Through $3?<\/title>\n<meta name=\"description\" content=\"XRP price is up over 50% and trading well above $2.50. 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