NewsBTC
Nov 11, 2025
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XRP Price Consolidates Above $2.50, Eyes Gains Beyond $2.580

XRP's price has shown an upward trend, trading above $2.50 and the 100-hourly Simple Moving Average.

  • Price increased past $2.420, reaching a high of $2.580 before entering consolidation.
  • A short-term contracting triangle is forming with resistance at $2.256 on the hourly chart.
  • Breaking above $2.580 could lead to testing the $2.7320 resistance level.

XRP Price

Potential Decline

  • If unable to surpass $2.580, XRP may decline, with initial support near $2.50.
  • Further decline could lead to testing supports at $2.420 and potentially $2.320.

Technical Indicators:

  • MACD: Bullish momentum in XRP/USD.
  • RSI: Above the 50 level, indicating bullish zone.

Key Levels:

  • Support: $2.50, $2.420
  • Resistance: $2.560, $2.580