{"id":661184,"date":"2024-12-12T04:08:30","date_gmt":"2024-12-12T04:08:30","guid":{"rendered":"https:\/\/ktsl888.com\/?p=661184"},"modified":"2024-12-12T03:14:41","modified_gmt":"2024-12-12T03:14:41","slug":"xrp-price-winning-streak-2-50","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-winning-streak-2-50\/","title":{"rendered":"XRP Price Winning Streak: Is More Upside on The Horizon?"},"content":{"rendered":"<p><em>XRP price started a strong increase above the $2.25 resistance zone. The price is up over 10% and might aim for a move above the $2.50 resistance zone.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh increase above the $2.25 zone.<\/li>\n<li>The price is now trading above $2.30 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $2.215 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 $2.475 resistance.<\/li>\n<\/ul>\n<h2>XRP Price Starts Fresh Increase<\/h2>\n<p>XRP price started a decent upward move above the $2.20 level, beating <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-holds-support-94250\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-stabilizes-3550\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. There was a move above the $2.25 and $2.30 resistance levels.<\/p>\n<p>During the increase, there was a break above a key bearish trend line with resistance at $2.215 on the hourly chart of the XRP\/USD pair. The pair was able to surpass the 61.8% Fib retracement level of the downward wave from the $2.64 swing high to the $1.899 low.<\/p>\n<p>However, the bears are active below the $2.475 level. It coincides with the 76.4% Fib retracement level of the downward wave from the $2.64 swing high to the $1.899 low.<\/p>\n<p>The price is now trading above $2.350 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.45 level. The first major resistance is near the $2.4750 level.<\/p>\n<figure id=\"attachment_661185\" aria-describedby=\"caption-attachment-661185\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-661185\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png?w=104 104w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png?w=83 83w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP_Price_69e799.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-661185\" 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 next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.550 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.720 in the near term. The next major hurdle for the bulls might be $2.880.<\/p>\n<h2>Another Pullback?<\/h2>\n<p>If XRP fails to clear the $2.475 resistance zone, it could start another decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.20 level.<\/p>\n<p>If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.080 support. The next major support sits near the $2.00 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 $2.280 and $2.200.<\/p>\n<p>Major Resistance Levels \u2013 $2.4750 and $2.6450.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a strong increase above the $2.25 resistance zone. The price is up over 10% and might aim for a move above the $2.50 resistance zone. XRP price started a fresh increase above the $2.25 zone. The price is now trading above $2.30 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.215 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.475 resistance. XRP Price Starts Fresh Increase XRP price started a decent upward move above the $2.20 level, beating Bitcoin and Ethereum. There was a move above the $2.25 and $2.30 resistance levels. During the increase, there was a break above a key bearish trend line with resistance at $2.215 on the hourly chart of the XRP\/USD pair. The pair was able to surpass the 61.8% Fib retracement level of the downward wave from the $2.64 swing high to the $1.899 low. However, the bears are active below the $2.475 level. It coincides with the 76.4% Fib retracement level of the downward wave from the $2.64 swing high to the $1.899 low. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.45 level. The first major resistance is near the $2.4750 level. The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.550 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.720 in the near term. The next major hurdle for the bulls might be $2.880. Another Pullback? If XRP fails to clear the $2.475 resistance zone, it could start another decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.20 level. If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.080 support. The next major support sits near the $2.00 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 $2.280 and $2.200. Major Resistance Levels \u2013 $2.4750 and $2.6450.<\/p>\n","protected":false},"author":67,"featured_media":649768,"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-661184","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 Winning Streak: Is More Upside on The Horizon?<\/title>\n<meta name=\"description\" content=\"XRP price started a strong increase above the $2.25 resistance zone. 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