After several failed attempts to break the $2.35 level in June, the price of $XRP is trading
Today at around $2.189, trapped in a narrow consolidation channel just below the $2.20 area. Despite the decrease in volatility, daily trading indicators suggest that bulls are gradually regaining strength after defending the critical support level at $2.10.
What happens to the price of $XRP ?
XRPUSD price dynamics
Recent price action shows that the price of $XRP is forming a compressed triangular pattern between a descending resistance level near $2.25 and an ascending trendline support from a key low at $2.03. The daily chart also shows the price sliding toward the peak of this pattern, increasing the likelihood of a breakout.
XRPUSD price dynamics
According to the Supertrend indicator, the price of Ripple (#XRP ) remains under a red sell zone, with a trend reversal area near $2.31, posing a major obstacle to the upside. However, the Parabolic SAR indicator has flipped below the price on the daily chart, indicating increasing bullish pressure in the short term.
XRPUSD price dynamics
Smart Money Concepts (SMC) highlights multiple price levels for CH, oCH, and BOS ranging between $2.05 and $2.25. Notably, XRP has reclaimed small BOS areas between $2.16 and $2.18, with current liquidity stabilizing just above the $2.24 level. Unless the price invalidates this structure, a continuation of the rise remains possible.
Why is the price of #XRPUSDT rising today?
XRP spot inflow/outflow
The rise from $2.15 on July 1 coincided with renewed capital inflow into spot markets. According to the latest data, the net inflow of XRP reached $5.96 million on July 2, representing a rare bullish signal after a continued net outflow in June. This increase in demand supports the rebound from support areas.
XRPUSD price dynamics
On the 30-minute chart, the Relative Strength Index (RSI) divergence shows a higher low, while the price recorded a lower low, which typically signals a trend reversal. The RSI is currently at 53.5, indicating neutral to bullish momentum. Additionally, the MACD indicator has turned green with a crossover below the zero line, suggesting the potential for an early trend reversal.
Indicators, Signals, and Charts for Ripple Price (24 hours)
XRPUSD price dynamics
The four-hour chart shows that XRP is pressing against the 50 and 100-EMA exponential moving averages between $2.17 and $2.19, with the price currently fluctuating within the Keltner channel. The Bollinger Bands are narrowing, which is typically a signal for an imminent expansion in volatility. A decisive breakout above $2.22 could lead to upward momentum toward $2.25 and above.
XRPUSD price dynamics
However, the Chaikin Money Flow (CMF) indicator remains slightly negative at -0.07, indicating that capital flows are still fragile. At the same time, the True Strength Index (TSI) is retreating from its recent peak near 10.44, suggesting potential hesitation from bulls if momentum stalls near the resistance level.
XRPUSD price dynamics
In the weekly Fibonacci correction, XRP continues to hold above the 38.2% level near $2.08, while facing rejection near the 50% area at $2.44. This confirms that the $2.40-$2.45 range remains the dominant resistance zone.
XRP Price Forecast: Short-term Forecast (24 hours)
As long as XRP continues to trade above $2.10, buyers maintain a slight edge in the near term. A breakout above $2.22 with significant trading volume could increase gains toward $2.30 and $2.35. However, failure to surpass the $2.20-$2.25 range could lead to another drop toward the $2.08-$2.10 support area.
Given the current limited range of volatility, the next move is likely to depend on a breakout of the trading volume from the symmetrical triangle pattern visible on the daily structure. Traders should also monitor the likelihood of confirming a super trend reversal above the $2.31 level.
XRP Price Forecast Table: July 3, 2025
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