{"id":1318,"date":"2024-11-18T06:00:22","date_gmt":"2024-11-18T06:00:22","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-eyes-1-25-and-beyond-can-the-rally-continue\/"},"modified":"2024-11-18T06:00:22","modified_gmt":"2024-11-18T06:00:22","slug":"xrp-price-eyes-1-25-and-beyond-can-the-rally-continue","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-eyes-1-25-and-beyond-can-the-rally-continue\/","title":{"rendered":"XRP Price Eyes $1.25 and Beyond: Can the Rally Continue?"},"content":{"rendered":"<p><em>XRP price is up over 25% and moving higher above the $1.00 support zone. The price could accelerate higher if it clears the $1.1380 resistance zone.<\/em><\/p>\n<ul>\n<li>XRP price started a strong increase above the $0.880 resistance.<\/li>\n<li>The price is now trading above $1.00 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a connecting bearish trend line with resistance at $1.050 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start another increase if it stays above the $1.00 support zone.<\/li>\n<\/ul>\n<h2>XRP Price Rallies Over 50%<\/h2>\n<p>XRP price remained supported above the $0.700 level. It formed a base and started a strong increase above $0.8800. It outperformed Bitcoin and Ethereum and surged over 50%.<\/p>\n<p>The price even climbed above the $1.00 level before the bears appeared. A high was formed at $1.2747 before there was a pullback. The price dipped below $1.150 and tested $1.100. It tested the $1.00 support. A low was formed at $0.9988 and the price is now rising.<\/p>\n<p>There was a move above the $1.050 resistance. Besides, there was a break above a connecting bearish trend line with resistance at $1.050 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price is now trading above $1.050 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.1380 level. It is close to the 50% Fib retracement level of the downward move from the $1.2747 swing high to the $0.9988 low.<\/p>\n<p>The first major resistance is near the $1.200 level and the 76.4% Fib retracement level of the downward move from the $1.2747 swing high to the $0.9988 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"wp-image-653604 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/XRP_Price_85673b.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>The next key resistance could be $1.250. A clear move above the $1.250 resistance might send the price toward the $1.320 resistance. Any more gains might send the price toward the $1.3850 resistance or even $1.40 in the near term. The next major hurdle might be $1.50.<\/p>\n<h2>Are Dips Limited?<\/h2>\n<p>If XRP fails to clear the $1.1380 resistance zone, it could start a downside correction. Initial support on the downside is near the $1.050 level. The next major support is near the $1.00 level.<\/p>\n<p>If there is a downside break and a close below the $1.00 level, the price might continue to decline toward the $0.9320 support in the near term. The next major support sits near the $0.880 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 $1.0500 and $1.0000.<\/p>\n<p>Major Resistance Levels \u2013 $1.1380 and $1.2000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is up over 25% and moving higher above the $1.00 support zone. The price could accelerate higher if it clears the $1.1380 resistance zone. XRP price started a strong increase above the $0.880 resistance. The price is now trading above $1.00 and the 100-hourly Simple Moving Average. There was a break above a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[149,148,150,151,152],"class_list":["post-1318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrp","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/1318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=1318"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/1318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/1319"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=1318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=1318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=1318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}