{"id":3043,"date":"2025-02-19T06:00:29","date_gmt":"2025-02-19T06:00:29","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-loses-steam-can-it-overcome-these-challenges\/"},"modified":"2025-02-19T06:00:29","modified_gmt":"2025-02-19T06:00:29","slug":"xrp-price-loses-steam-can-it-overcome-these-challenges","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-loses-steam-can-it-overcome-these-challenges\/","title":{"rendered":"XRP Price Loses Steam\u2014Can It Overcome These Challenges?"},"content":{"rendered":"<p><em>XRP price is down from the $2.85 resistance zone. The price is showing a few bearish signs and must clear $2.650 to start a fresh increase.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh decline below the $2.70 level.<\/li>\n<li>The price is now trading below $2.650 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $2.620 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 clears the $2.620 resistance zone.<\/li>\n<\/ul>\n<h2>XRP Price Dips Further<\/h2>\n<p>XRP price failed to gain pace for a move above the $2.850 level and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $2.720 and $2.70 levels.<\/p>\n<p>There was also a move below the $2.60 support level. Finally, the price tested the $2.50 zone. A low was formed at $2.470 and the price is now consolidating losses near the 23.6% Fib retracement level of the downward move from the $2.832 swing high to the $2.470 low.<\/p>\n<p>The price is now trading below $2.650 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.60 level. There is also a key bearish trend line forming with resistance at $2.620 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The first major resistance is near the $2.650 level or the 50% Fib retracement level of the downward move from the $2.832 swing high to the $2.470 low. The next resistance is $2.70.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-699350\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/XRP_Price_ec1ff4.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" \/><\/p>\n<p>A clear move above the $2.70 resistance might send the price toward the $2.80 resistance. Any more gains might send the price toward the $2.850 resistance or even $2.880 in the near term. The next major hurdle for the bulls might be $3.00.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $2.650 resistance zone, it could start another decline. Initial support on the downside is near the $2.50 level. The next major support is near the $2.480 level.<\/p>\n<p>If there is a downside break and a close below the $2.480 level, the price might continue to decline toward the $2.420 support. The next major support sits near the $2.350 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $2.50 and $2.480.<\/p>\n<p>Major Resistance Levels \u2013 $2.60 and $2.650.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is down from the $2.85 resistance zone. The price is showing a few bearish signs and must clear $2.650 to start a fresh increase. XRP price started a fresh decline below the $2.70 level. The price is now trading below $2.650 and the 100-hourly Simple Moving Average. There is a key bearish trend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[149,148,150,151,152],"class_list":["post-3043","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\/3043","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=3043"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3044"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}