The price of XRP has decided to climb again-just above $2.50, like a determined tortoise inching its way up a hill. It’s looking kind of optimistic now, but that’s nothing a little resistance can’t shake off. If it gets past the $2.6880 level, well, then we might just start talking about a party.
- XRP was feeling bold and crossed the $2.50 and $2.550 hurdles. Nice move, right?
- The price is hanging above $2.50, and the 100-hourly Simple Moving Average is like that one friend who never leaves.
- A bullish trend line is emerging, offering a soft cushion of support around $2.60, which is nice-because who doesn’t need a little backup?
- If the price breaks through the $2.6880 wall of resistance, we might see a new rally. Or, who knows, it might just take a nap again.
Hold On Tight, XRP’s Got Support (Sort of…)
XRP’s price made a comeback, managing to stay above $2.40. In case you didn’t notice, Bitcoin and Ethereum also decided to show up to the party.
The bulls finally got their act together and pushed past $2.550 and $2.65, so they’re celebrating. But don’t get too excited-they hit a high at $2.6972, and now it’s playing the “I’m going to rest for a while” game.
So, yeah, it’s consolidating above the 23.6% Fib retracement level. Fancy stuff, huh?
The price is hanging below $2.60 and just under the 100-hourly Simple Moving Average. There’s a trend line forming with support at $2.60, and we’re all just waiting to see if it will finally make its move.
Now, if XRP decides to start going up again, it might run into resistance near $2.650. If it breaks through $2.6880, we could see a price surge to $2.70. Get your popcorn ready because if it smashes through $2.70, we might be looking at $2.7650. If it somehow defies all logic, it could even touch $2.80. But, hey, let’s not get ahead of ourselves-next big stop could be $2.880.
What About the Downside? Is XRP Going to Lose Its Cool?
If XRP fails to conquer the $2.6880 resistance, things could get a little dicey. The initial support on the downside is near $2.60, which is like the floor of a rollercoaster. Next stop after that is $2.5650.
If XRP breaks below $2.5650 and closes down there, we might witness an emotional decline, possibly heading toward $2.5120 or even the 50% Fib retracement level. If it drops lower, brace yourself for $2.4680, and-yep-you guessed it-$2.420.
Technical Indicators
Hourly MACD – The MACD’s been slacking off a little in the bullish zone. It’s not looking too hot right now.
Hourly RSI (Relative Strength Index) – The RSI is still above 50, so there’s hope, but not a lot of excitement.
Major Support Levels – $2.60 and $2.580. Cross your fingers.
Major Resistance Levels – $2.650 and $2.6880. Can it break free? Maybe. Maybe not. 🤷♂️
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2025-10-28 07:37