Here is the forecast and analysis for today (July 8, 2025) for XRP:
---$XRP #Write2Earn
📊 Overall sentiment and technical data
Bitcoin and XRP continue to rise: according to FXStreet, today's gains are supported by the inflow of institutional funds (about $10 million acquired last week), which strengthens bullish sentiment.
Technical analysis:
TradingView indicates current prices above the 50/100/200 EMA around $2.20–$2.25, with no significant resistance up to $3.
Bitget: local 'Strong Buy' signal (13 buy, 3 neutral, 0 sell) for the daily chart.
Investing.com gives mixed signals: analysis indicates 'Strong Sell' in the short term, but 'Strong Buy' in the medium and long term.
TipRanks: buy signals prevail – especially the 10-, 20-, 50-, and 100-day MAs, with an RSI of ~56, suggesting a neutral-bullish signal.
---$XRP #Write2Earn
🎯 Daily forecast
Today's price fluctuation range is $2.25–$2.35, according to yesterday's intraday high/low.
Technically, breaking the resistance level at ~ $2.30–$2.35 could initiate further movement towards $2.40–$2.50.
On the other hand, a correction below $2.25 (support at EMA50/100) could mean a drop to $2.20–$2.15.
---$XRP #Write2Earn
📅 Short-term trends and forecasts
CoinCodex predicts a range of $2.23–$2.54 for July (average $2.34) – an increase of ~12% compared to current levels.
Brave New Coin publishes surprisingly optimistic forecasts: a potential 'blow-off rally' to $9.50, or even $37.50, but these are low-probability scenarios in the short term and more applicable in the medium-long term.
Changelly forecasts a slight correction (~–2.5%), by tomorrow, with a neutral-bearish sentiment (Fear & Greed 73-Greed).
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✅ Summary for today
Range: $2.25–$2.35 – if the price remains above $2.30–$2.35, further upward movement is likely.
Technically – buy signals prevail (medium- and long-term MA, momentum), although short-term readings are mixed.
Institutional sentiment is positive, which supports potential further recovery.
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🧭 What to pay attention to?
1. Will XRP break the $2.35 level today – a potential start of movement towards $2.40–$2.50.
2. Will it drop below $2.25 – a signal of a possible pullback to ~ $2.20.
3. Further inflows of institutional capital and data from ETF/XRP products – watch for updates on CoinShares and CoinMarketCap.
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❗ Attention: forecasts are indicative and based on technical analysis and the latest market sentiment. Cryptocurrencies are very volatile – consider stop-losses and publish your own analysis before making an investment decision.
