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XRP Bulls Charge: Key Resistance Levels in Sight as Price Momentum Builds

XRP Bulls Charge: Key Resistance Levels in Sight as Price Momentum Builds

Author:
Newsbtc
Published:
2025-07-07 04:08:41
15
2

XRP's rally isn't asking for permission—it's taking ground. The remittance token shakes off regulatory ghosts as buyers pile in, eyeing critical overhead barriers.

Breaking the resistance ceiling

After months of sideways action, XRP's chart finally shows conviction. Trading volumes spike as the asset carves higher lows—a classic bull flag formation that's got traders whispering about a potential 30% surge if key levels break.

Market makers smell blood

Liquidity pools cluster around those psychological price points like Wall Street sharks circling a meme stock. Meanwhile, the 'fundamentals are dead' crowd quietly adjusts their spreadsheets—again.

Whether this is the start of a sustained uptrend or just another fakeout before the SEC's next move remains to be seen. But for now, XRP's price action speaks louder than any lawyer ever could.

XRP Price Faces Resistance

XRP price started a fresh increase after it settled above the $2.220 level, like Bitcoin and Ethereum. The price was able to climb above the $2.2320 resistance level.

The bulls were able to push the price above the $2.250 level. Moreover, there was a clear move above the 61.8% Fib retracement level of the downward move from the $2.3111 swing high to the $2.197 low. The price is now trading above $2.250 and the 100-hourly Simple Moving Average.

On the upside, the price might face resistance NEAR the $2.280 level. There is also a short-term contracting triangle forming with resistance at $2.280 on the hourly chart of the XRP/USD pair.

XRP Price

The first major resistance is near the $2.2850 level. It is close to the 76.4% Fib retracement level of the downward move from the $2.3111 swing high to the $2.197 low. 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.

Another Decline?

If XRP fails to clear the $2.2850 resistance zone, it could start another decline. Initial support on the downside is near the $2.260 level. The next major support is near the $2.2320 level.

If there is a downside break and a close below the $2.2320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.150 zone.

Technical Indicators

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

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

Major Support Levels – $2.2320 and $2.20.

Major Resistance Levels – $2.2850 and $2.320.

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