{"id":5287,"date":"2025-06-16T05:00:24","date_gmt":"2025-06-16T05:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-tries-to-bounce-back-but-hurdles-may-delay-the-comeback\/"},"modified":"2025-06-16T05:00:24","modified_gmt":"2025-06-16T05:00:24","slug":"xrp-price-tries-to-bounce-back-but-hurdles-may-delay-the-comeback","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-tries-to-bounce-back-but-hurdles-may-delay-the-comeback\/","title":{"rendered":"XRP Price Tries to Bounce Back\u2014But Hurdles May Delay the Comeback"},"content":{"rendered":"<p><em>XRP price started a fresh decline and tested the $2.080 zone. The price is now recovering and might aim for an upward move above the $2.20 resistance.<\/em><\/p>\n<ul>\n<li>XRP price started a decent upward move from the $2.080 zone.<\/li>\n<li>The price is now trading above $2.150 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a short-term rising channel forming with support at $2.140 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might start another increase if it clears the $2.20 resistance zone.<\/li>\n<\/ul>\n<h2>XRP Price Eyes Recovery<\/h2>\n<p>XRP price declined below the $2.250 and $2.20 levels, like Bitcoin and Ethereum. The price even declined below the $2.120 zone and tested the $2.080 support.<\/p>\n<p>A low was formed at $2.085 and the price is now attempting to recover. There was a move above the $2.10 and $2.120 levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $2.338 swing high to the $2.085 low.<\/p>\n<p>Besides, there is a short-term rising channel forming with support at $2.140 on the hourly chart of the XRP\/USD pair. The price is now trading above $2.150 and the 100-hourly Simple Moving Average.<\/p>\n<p>On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.2120 level. It is close to the 50% Fib retracement level of the downward move from the $2.338 swing high to the $2.085 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-771956\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/XRP_Price_45085b.png?resize=1024%2C479\" alt=\"XRP Price\" width=\"1024\" height=\"479\" loading=\"lazy\" \/><\/p>\n<p>The next resistance is $2.250. A clear move above the $2.250 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.3650 in the near term. The next major hurdle for the bulls might be $2.420.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.140 level and the trend line. The next major support is near the $2.120 level.<\/p>\n<p>If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.080 support. The next major support sits near the $2.020 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 $2.150 and $2.120.<\/p>\n<p>Major Resistance Levels \u2013 $2.20 and $2.2120.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a fresh decline and tested the $2.080 zone. The price is now recovering and might aim for an upward move above the $2.20 resistance. XRP price started a decent upward move from the $2.080 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a short-term&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5288,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[149,148,150,151,152],"class_list":["post-5287","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\/5287","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=5287"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5287\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/5288"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=5287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=5287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=5287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}