{"id":3155,"date":"2025-02-25T06:00:25","date_gmt":"2025-02-25T06:00:25","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-settles-lower-will-sellers-push-it-further-down\/"},"modified":"2025-02-25T06:00:25","modified_gmt":"2025-02-25T06:00:25","slug":"xrp-price-settles-lower-will-sellers-push-it-further-down","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-settles-lower-will-sellers-push-it-further-down\/","title":{"rendered":"XRP Price Settles Lower\u2014Will Sellers Push It Further Down?"},"content":{"rendered":"<p><em>XRP price started a fresh decline below the $2.550 and $2.50 support levels. The price is now testing $2.250 and might continue to move down.<\/em><\/p>\n<ul>\n<li>XRP price started a fresh decline below the $2.50 level.<\/li>\n<li>The price is now trading below $2.50 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $2.4880 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might continue to move down unless there is a close above the $2.50 resistance zone.<\/li>\n<\/ul>\n<h2>XRP Price Dips Below Support<\/h2>\n<p>XRP price failed to continue higher above the $2.75 resistance zone and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $2.65 and $2.55 support levels.<\/p>\n<p>The price even dipped below the $2.50 support to enter a bearish zone. A low was formed at $2.2310 and the price is now attempting to recover toward the 23.6% Fib retracement level of the downward wave from the $2.7450 swing high to the $2.2310 low.<\/p>\n<p>The price is now trading below $2.50 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.3250 level. The first major resistance is near the $2.40 level.<\/p>\n<p>The next resistance is $2.4880 or the 50% Fib retracement level of the downward wave from the $2.7450 swing high to the $2.2310 low. There is also a key bearish trend line forming with resistance at $2.4880 on the hourly chart of the XRP\/USD pair.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-702132\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/XRP_Price_1b5c29.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" \/><\/p>\n<p>A clear move above the $2.4880 resistance might send the price toward the $2.550 resistance. Any more gains might send the price toward the $2.620 resistance or even $2.650 in the near term. The next major hurdle for the bulls might be $2.750.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $2.3250 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 $2.120 support. The next major support sits near the $2.050 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 $2.220 and $2.120.<\/p>\n<p>Major Resistance Levels \u2013 $2.40 and $2.4880.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh decline below the $2.550 and $2.50 support levels. The price is now testing $2.250 and might continue to move down. XRP price started a fresh decline below the $2.50 level. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. There is a key bearish trend line&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[149,148,150,151,152],"class_list":["post-3155","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\/3155","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=3155"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3156"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}