XRP made a huge move last week, blasting past the $3 mark and hitting a high of $3.60. It all started with a sharp breakout on July 7, and in less than two weeks, the price jumped over 50%.
Naturally, that kind of run grabbed a lot of attention. Now that we’re heading into a new week, XRP price is taking a breather around $3.42. It’s still holding above key support, but momentum looks like it’s starting to cool off a bit.
Let’s break down the current technical setup and weekly indicators to see where price could head next.
XRP Chart Overview
The 4H chart shows that XRP price is no longer accelerating higher, but is instead forming a consolidation pattern after topping at $3.60. The parabolic uptrend has stalled, and the trendline supporting the rally has broken, which usually suggests a cooling phase.
Despite the slowdown, XRP is holding above its 30-period EMA at $3.25. That dynamic support has consistently helped bulls maintain control during this move. There’s also a structural support zone between $3.20 and $3.25, with a stronger demand area lower between $2.90 and $3.00.
On the upside, the key resistance remains $3.60. That’s the level XRP price must break with volume to open the door to $3.80 or even $4.00. For now, price action is compressing, possibly setting up a bull flag continuation.
Image Source: TradingView.com Weekly Technical Indicators
Let’s zoom out to see what the weekly indicators are saying:
Indicator Value Interpretation RSI (14) 73.659 Strong bullish momentum ADX (14) 31.119 Confirmed uptrend strength MACD (12,26) 0.299 Positive crossover CCI (14) 275.711 Overbought warning ROC (Rate of Change) 63.543 Sharp upward movement Bull/Bear Power (13) 1.6428 Bulls still dominant
Summary: These indicators hint at healthy continuation of trends, but the CCI warns against overbuying. This suggests a possible pause or short-term correction, rather than a reversal.
XRP Price Prediction (July 20–26)
Bearish Scenario:
XRP falling below $3.20 and below the 30 EMA supporting level of $3.25 would have price returning to $3.00 or possibly dropping down towards the $2.90 levels, where previous consolidation was.
Realistic Scenario:
XRP Price continues to consolidate in the range of $3.25 and $3.60. A grind higher remains in the cards, especially if Bitcoin continues to hold firm. Volume and breakout confirmation are needed to drive any major move.
Bullish Scenario:
Confirmation of a breakout above $3.60 is expected to build a quick rally up to $3.80 or even $4.00. To make that happen, the bulls must enter with high volume and momentum.
Wrapping Up
XRP price is in a bullish configuration to begin the new week. As long as coverage above $3.20 holds, the trend remains intact. Indicators on a weekly basis confirm the strength of the trend, even though short-term consolidation is apt to continue before attempting the next breakout. The $3.60 barrier will be watched closely by traders to identify whether the next leg higher can begin.
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The post XRP Price Prediction for This Week (July 20–26) appeared first on CaptainAltcoin.
