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XRP Bulls Regain Footing - Can This Recovery Shatter Key Resistance Barriers?

XRP Bulls Regain Footing - Can This Recovery Shatter Key Resistance Barriers?

Author:
Newsbtc
Published:
2025-08-27 04:08:44
11
3

XRP claws back from recent losses as buyers mount a fresh offensive against stubborn resistance levels.

The Rebound Gathers Steam

Trading volumes spike as XRP recovers ground, testing waters near critical technical thresholds that have repeatedly thwarted upward momentum.

Market Watchers on Edge

All eyes focus on whether this push carries enough conviction to break through—or if it's just another classic crypto 'fakeout' destined to trap eager retail.

Either way, the battle lines are drawn. Time to see if buyers actually put their money where their tweets are.

XRP Price Faces Resistance

XRP price started a downside correction below $3.050, like Bitcoin and Ethereum. The price traded below the $3.00 and $2.95 levels before the bulls appeared.

A low was formed at $2.824 and the price is now attempting a fresh increase. There was a MOVE above the $2.92 and $2.95 levels. The price surpassed the 50% Fib retracement level of the downward move from the $3.126 swing high to the $2.824 low.

The price is now trading near $3.00 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $2.970 on the hourly chart of the XRP/USD pair.

XRP Price

On the upside, the price might face resistance near the $3.050 level and the 76.4% Fib retracement level of the downward move from the $3.126 swing high to the $2.824 low. The first major resistance is near the $3.10 level. A clear move above the $3.10 resistance might send the price toward the $3.120 resistance. Any more gains might send the price toward the $3.150 resistance. The next major hurdle for the bulls might be near $3.20.

Another Decline?

If XRP fails to clear the $3.050 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.970 level. The next major support is near the $2.920 level.

If there is a downside break and a close below the $2.920 level, the price might continue to decline toward $2.840. The next major support sits near the $2.780 zone, below which the price could gain bearish momentum.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $2.970 and $2.840.

Major Resistance Levels – $3.050 and $3.10.

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