The XRP price today is consolidating near $2.1833 after a sharp reversal from $1.96 last week. The recovery is supported by structural reclaim and bullish momentum across key indicators.
However, price is nearing a congestion zone around $2.20–$2.28, where multiple resistance layers converge. Traders now await confirmation whether XRP can build above this band or retrace into a short-term cooldown.
What’s Happening With XRP’s Price?
After rejecting sub-$2.00 levels, the XRP price action shows a clear V-shaped recovery. The 4-hour chart confirms a break above the descending wedge resistance with price now retesting the upper boundary of the prior liquidity zone between $2.05 and $2.18.
On the daily chart, XRP has broken through key mid-June resistance near $2.10 and is currently attempting to flip the broader breakdown structure. This includes a descending trendline extending from the April highs and overlapping Fibonacci resistance near $2.25.
Parabolic SAR has flipped bullish on the 30-mins chart, while supertrend signal…
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