{"id":4106,"date":"2025-04-16T05:00:26","date_gmt":"2025-04-16T05:00:26","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-pulls-back-healthy-correction-or-start-of-a-fresh-downtrend\/"},"modified":"2025-04-16T05:00:26","modified_gmt":"2025-04-16T05:00:26","slug":"xrp-price-pulls-back-healthy-correction-or-start-of-a-fresh-downtrend","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-pulls-back-healthy-correction-or-start-of-a-fresh-downtrend\/","title":{"rendered":"XRP Price Pulls Back: Healthy Correction or Start of a Fresh Downtrend?"},"content":{"rendered":"<p><em>XRP price started a fresh increase above the $2.20 resistance. The price is now correcting gains and might find bids near the $2.050 zone.<\/em><\/p>\n<ul>\n<li>XRP price started a downside correction from the $2.250 resistance zone.<\/li>\n<li>The price is now trading below $2.120 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break below a connecting bullish trend line with support at $2.140 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might extend losses if there is a close below the $2.050 support zone.<\/li>\n<\/ul>\n<h2>XRP Price Dips Again<\/h2>\n<p>XRP price started a fresh increase above the $1.980 resistance, like Bitcoin and Ethereum. The price climbed above the $2.020 and $2.050 resistance levels.<\/p>\n<p>A high was formed at $2.244 and the price recently started a downside correction. There was a move below the $2.120 support zone. Besides, there was a break below a connecting bullish trend line with support at $2.140 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price even spiked below the 50% Fib retracement level of the upward move from the $1.920 swing low to the $2.244 high. The price is now trading below $2.120 and the 100-hourly Simple Moving Average.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-732542\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/XRP_Price_9d65ec.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" \/><\/p>\n<p>On the upside, the price might face resistance near the $2.120 level. The first major resistance is near the $2.180 level. The next resistance is $2.20. A clear move above the $2.20 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.320 resistance or even $2.350 in the near term. The next major hurdle for the bulls might be $2.50.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $2.120 resistance zone, it could start another decline. Initial support on the downside is near the $2.050 level and the 61.8% Fib retracement level of the upward move from the $1.920 swing low to the $2.244 high. The next major support is near the $2.00 level.<\/p>\n<p>If there is a downside break and a close below the $2.00 level, the price might continue to decline toward the $1.920 support. The next major support sits near the $1.840 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 $2.050 and $2.00.<\/p>\n<p>Major Resistance Levels \u2013 $2.120 and $2.180.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh increase above the $2.20 resistance. The price is now correcting gains and might find bids near the $2.050 zone. XRP price started a downside correction from the $2.250 resistance zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There was a break below a connecting&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4107,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-4106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-btc","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt","tag-xbtusd"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4106","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=4106"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4107"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}