As of July 3, 2025, $XRP
is exhibiting a strong bullish bias, trading around $2.27. This positive momentum stems from improving regulatory clarity in the Ripple vs. SEC case and heightened speculation around a spot XRP ETF.
Key Technical Levels:
* Resistance: Immediate resistance lies between $2.25 - $2.30. A decisive break above this zone is critical for further upside, targeting $2.50, $2.70, and potentially $3.00.
* Support: Strong support is found at $2.20 - $2.25, aligning with the 50-period Exponential Moving Average (EMA). Crucial downside support sits around the 200-period EMA at $2.10, and then $2.00. A drop below $2.05 would invalidate the current bullish outlook.
Indicators and Patterns:
XRP is poised for a breakout, consolidating within a symmetrical triangle and showing signs of emerging from a falling wedge pattern on higher timeframes. The Relative Strength Index (RSI) is neutral at 50.57, providing room for upward movement. Bollinger Bands are tightening, indicating an impending volatile move. The Chaikin Money Flow (CMF) is above zero, signaling accumulation, while the Awesome Oscillator (AO) has turned positive, reflecting increasing bullish momentum. On-chain data also reveals significant whale accumulation.
Outlook:
The confluence of bullish technical signals and strong fundamental catalysts, particularly the nearing resolution of the SEC case and high odds (95%) of an XRP spot ETF approval, suggests significant upside potential for #xrp in July. Traders should monitor a sustained breakout above $2.30.