{"id":2291,"date":"2025-01-10T06:00:30","date_gmt":"2025-01-10T06:00:30","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-stays-steady-will-consolidation-end-soon\/"},"modified":"2025-01-10T06:00:30","modified_gmt":"2025-01-10T06:00:30","slug":"xrp-price-stays-steady-will-consolidation-end-soon","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-stays-steady-will-consolidation-end-soon\/","title":{"rendered":"XRP Price Stays Steady: Will Consolidation End Soon?"},"content":{"rendered":"<p><em>XRP price is holding the ground above $2.20 despite pressure on Bitcoin. The price is still consolidating and aiming for a fresh increase above the $2.320 resistance.<\/em><\/p>\n<ul>\n<li>XRP price is still in a range mode above the $2.25 zone.<\/li>\n<li>The price is now trading below $2.350 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a connecting bearish trend line forming with resistance at $2.3250 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 $2.20 support.<\/li>\n<\/ul>\n<h2>XRP Price Consolidates Below $2.40<\/h2>\n<p>XRP price failed to start a fresh increase above the $2.40 and $2.42 resistance levels. The price reacted to the downsides, but losses were limited compared to Bitcoin and Ethereum. There was a move below the $2.30 and $2.2650 support levels.<\/p>\n<p>The last swing low was formed at $2.235, and the price is now consolidating. There was a move above the $2.25 level. The price cleared the 23.6% Fib retracement level of the downward move from the $2.390 swing high to the $2.235 low.<\/p>\n<p>The price is now trading below $2.350 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.320 level. There is also a key bearish trend line forming with resistance at $2.3250 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The first major resistance is near the $2.35 level or the 76.4% Fib retracement level of the downward move from the $2.390 swing high to the $2.235 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-673441\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/XRP_Price_af86bd.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" \/><\/p>\n<p>The next resistance is $2.40. A clear move above the $2.40 resistance might send the price toward the $2.45 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.650.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $2.350 resistance zone, it could start another decline. Initial support on the downside is near the $2.250 level. The next major support is near the $2.220 level.<\/p>\n<p>If there is a downside break and a close below the $2.220 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.120 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 $2.25 and $2.220.<\/p>\n<p>Major Resistance Levels \u2013 $2.320 and $2.350.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is holding the ground above $2.20 despite pressure on Bitcoin. The price is still consolidating and aiming for a fresh increase above the $2.320 resistance. XRP price is still in a range mode above the $2.25 zone. The price is now trading below $2.350 and the 100-hourly Simple Moving Average. There is a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[149,148,150,151,152],"class_list":["post-2291","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\/2291","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=2291"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/2292"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=2291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=2291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=2291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}