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XRP Price Surges — But Can It Smash Through Key Resistance Levels?

XRP Price Surges — But Can It Smash Through Key Resistance Levels?

Author:
Newsbtc
Published:
2025-07-03 04:08:08
11
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XRP bulls are back in the driver's seat—but the road ahead looks bumpy.


The Rally: Fuel or FOMO?

XRP's recent uptick has traders buzzing, but seasoned pros are eyeing those pesky resistance levels like a hawk. Every crypto pump needs a villain, and this time it's overhead supply waiting to play spoiler.


The Make-or-Break Zones

Key technical barriers loom large. Break through? Moon narrative kicks in. Reject? Cue the 'I told you so' chorus from the permabears. The chart doesn't lie—but it does taunt.


The Bottom Line

XRP's got momentum, but crypto markets treat 'overbought' like Wall Street treats ethics—as a temporary inconvenience. Whether this is the start of a legit breakout or just another bull trap, one thing's certain: the charts will have the final say.

XRP Price Restarts Increase

XRP price found support near the $2.150 level and started a fresh increase, like Bitcoin and Ethereum. The price was able to recover losses and climbed above the $2.220 resistance level.

The bulls were able to push the price above the $2.250 level. There was a spike above the 61.8% Fib retracement level of the downward MOVE from the $2.327 swing high to the $2.148 low. However, the bears were active near the $2.2850 level.

The price failed to surpass the 76.4% Fib retracement level of the downward move from the $2.327 swing high to the $2.148 low. The price is now trading above $2.220 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.20 on the hourly chart of the XRP/USD pair.

XRP Price

On the upside, the price might face resistance near the $2.2580 level. The first major resistance is near the $2.2850 level. The next resistance is $2.320. A clear move above the $2.320 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.40 resistance or even $2.420 in the near term. The next major hurdle for the bulls might be $2.50.

Fresh Decline?

If XRP fails to clear the $2.2850 resistance zone, it could start another decline. Initial support on the downside is near the $2.220 level. The next major support is near the $2.20 level and the trend line.

If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.150 support. The next major support sits near the $2.120 zone.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $2.220 and $2.20.

Major Resistance Levels – $2.2850 and $2.320.

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