XRP Price Can Still Cross $3, But It Needs To Hold This Level Against Bears
2025-07-03 22:46:06
Main Idea
XRP's price movement is at a critical juncture, with the $2.16–$2.18 zone determining whether it will rebound towards $3 or face a deeper correction.
Key Points
1. XRP recently rallied to $2.30 but has since cooled off, falling back to $2.18 after failing to hold the $2.25 support level.
2. The $2.16–$2.18 zone is a key determinant for XRP's next move; holding above it could signal continued bullish momentum, while a breakdown may lead to a pullback towards $1.90.
3. RSI divergence suggests a higher chance of a rebound if bulls defend the $2.16–$2.18 range and reclaim $2.25, with potential price targets at $2.69 and $3.04.
4. At the time of writing, XRP is trading at $2.27, up 3.7% in the past 24 hours, indicating buyer interest in flipping the $2.25 level.
5. Analysts highlight the importance of the $2.1688 support level (0.382 Fibonacci) and the $2.3027 resistance level (0.618 Fibonacci) for XRP's price trajectory.
Description
XRP’s recent rally to $2.30 has been followed by a cooling-off period , with the price falling back to $2.18 after slipping below the short-lived $2.25 support. Although this pullback might raise concern, it comes on the back of a week-long steady increase that took XRP from $1.93 early last week back to the $2.33 resistance level that has held firm in the past 30 days. Crypto analyst CasiTrades shared an updated outlook with a chart to show how a test of the consolidation zone between $2.18 and...
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