{"id":655086,"date":"2024-11-27T04:08:05","date_gmt":"2024-11-27T04:08:05","guid":{"rendered":"https:\/\/wncen.com\/?p=655086"},"modified":"2024-11-27T03:46:01","modified_gmt":"2024-11-27T03:46:01","slug":"xrp-price-stabilizes-at-1-30","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-stabilizes-at-1-30\/","title":{"rendered":"XRP Price Stabilizes at $1.30: Can Momentum Build?"},"content":{"rendered":"
XRP price is consolidating near the $1.400 zone. The price must clear the $1.4550 resistance zone to start a fresh increase in the near term.<\/em><\/p>\n
\n
XRP price is struggling to gain pace for a move above the $1.50 level.<\/li>\n
The price is now trading below $1.450 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance at $1.4550 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair might gain traction if it clears the $1.4550 resistance.<\/li>\n<\/ul>\n
XRP Price Stuck Below $1.50<\/h2>\n
XRP price struggled to gain pace for a move above the $1.50 level. It dipped again and even spiked below the $1.30 level. A low was formed at $1.2828 and the price is now recovering losses unlike Bitcoin<\/a> and like Ethereum<\/a>.<\/p>\n