{"id":6950,"date":"2025-08-05T13:00:29","date_gmt":"2025-08-05T13:00:29","guid":{"rendered":"https:\/\/coinscap.info\/blog\/xrp-price-at-risk-of-correction-bulls-losing-steam\/"},"modified":"2025-08-05T13:00:29","modified_gmt":"2025-08-05T13:00:29","slug":"xrp-price-at-risk-of-correction-bulls-losing-steam","status":"publish","type":"post","link":"https:\/\/coinscap.info\/blog\/xrp-price-at-risk-of-correction-bulls-losing-steam\/","title":{"rendered":"XRP Price at Risk of Correction \u2013 Bulls Losing Steam?"},"content":{"rendered":"<p><em>XRP price started a decent increase above $3.00 zone. The price is now facing resistance at $3.10 and might correct some gains in the near term.<\/em><\/p>\n<ul>\n<li>XRP price is attempting to start a fresh increase above the $3.00 zone.<\/li>\n<li>The price is now trading above $2.980 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break below a bullish trend line with support at $3.065 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start another increase if it stays above the $2.920 zone.<\/li>\n<\/ul>\n<h2>XRP Price Faces Resistance<\/h2>\n<p>XRP price started a fresh increase above the $2.820 zone, beating Bitcoin and Ethereum. The price was able to surpass the $2.920 and $2.950 resistance levels.<\/p>\n<p>The price even cleared the $3.00 resistance level. Finally, the bears appeared near the $3.10 zone. A high was formed at $3.106 and the price is now correcting gains. There was a break below a bullish trend line with support at $3.065 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price is now trading above $3.00 and the 100-hourly Simple Moving Average. It is also above the 23.6% Fib retracement level of the upward move from the $2.730 swing low to the $3.106 high.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-798967\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/XRP_Price.png?resize=1024%2C479\" alt=\"XRP Price\" width=\"1024\" height=\"479\" \/><\/p>\n<p>On the upside, the price might face resistance near the $3.10 level. The first major resistance is near the $3.120 level. A clear move above the $3.120 resistance might send the price toward the $3.150 resistance. Any more gains might send the price toward the $3.20 resistance or even $3.2120 in the near term. The next major hurdle for the bulls might be near the $3.250 zone.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $3.10 resistance zone, it could start another decline. Initial support on the downside is near the $3.00 level. The next major support is near the $2.950 level.<\/p>\n<p>If there is a downside break and a close below the $2.950 level, the price might continue to decline toward the $2.920 support and the 50% Fib retracement level of the upward move from the $2.730 swing low to the $3.106 high. The next major support sits near the $2.880 zone where the bulls might take a stand.<\/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 $3.00 and $2.920.<\/p>\n<p>Major Resistance Levels \u2013 $3.10 and $3.120.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a decent increase above $3.00 zone. The price is now facing resistance at $3.10 and might correct some gains in the near term. XRP price is attempting to start a fresh increase above the $3.00 zone. The price is now trading above $2.980 and the 100-hourly Simple Moving Average. There was a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6951,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[28,27,29,30,31],"class_list":["post-6950","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:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts\/6950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/comments?post=6950"}],"version-history":[{"count":0,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts\/6950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/media\/6951"}],"wp:attachment":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/media?parent=6950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/categories?post=6950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/tags?post=6950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}