⚠️ $XRP Struggles to Rebound – Key Resistance Zones in Sight
📆 June 16, 2025
💰 Current Price: ~$2.150
📉 Recent Low: $2.080
📊 Trend: Rebound Attempt – Facing Tough Resistance
🔄 Price Action Recap
XRP recently dipped to $2.080, continuing its slide alongside Bitcoin and Ethereum. But bulls are showing some life — the price has bounced back above $2.150 and the 100-hour SMA, hinting at a possible short-term recovery.
A short-term ascending channel is forming on the hourly chart, with support near $2.140. So far, XRP is holding its ground.
🔼 Upside Barriers (Resistance Levels)
$2.20 – Key psychological and technical resistance
$2.2120 – 50% Fib retracement of the $2.338 → $2.085 drop
$2.250 – Local swing resistance
$2.320–$2.365 – Extended targets if momentum breaks through
$2.420 – Major ceiling for bulls if rally sustains
📈 A clean break above $2.2120–$2.250 could ignite a bigger move.
🔽 Downside Watch (Support Levels)
$2.140 – Ascending channel support
$2.120 – Crucial short-term floor
$2.080 – Recent low — breakdown danger zone
$2.020 – Last-ditch support if bears regain control
Failure to hold above $2.140 could bring a quick retest of $2.120 and possibly $2.080.
📊 Tech Signals
MACD: Gaining strength in bullish zone
RSI: Above 50 — still favors bulls for now
Structure: Channel forming, but needs confirmation above $2.20
🧠 TL;DR
XRP is trying to shake off the recent drop — but $2.20–$2.2120 is a make-or-break resistance zone. Hold above $2.150, and we could see momentum build. Fail, and XRP risks sliding back toward $2.080 or even $2.020.
⚠️ Wait for confirmation — no need to rush the rebound.
✅ Not financial advice. DYOR. Let structure guide your strategy, not emotion.