XRP Price Watch: All Eyes on $2.25—Will Bulls Prevail This Time?
2025-06-30 00:56:22
Main Idea
XRP's price is showing bullish momentum, with potential for a breakout above $2.22, but faces resistance near $2.25–$2.30, requiring confirmation from volume and technical indicators.
Key Points
1. XRP climbed to $2.21 on June 29, 2025, with a 1.3% daily gain, $1.32 billion in 24-hour trading volume, and a $130.54 billion market cap.
2. Short-term momentum is bullish, with strong support at $2.175 and potential breakout if the price closes above $2.22 with renewed volume.
3. The 4-hour chart shows XRP attempting to push above the $2.22 resistance, with a breakout possibly targeting the $2.25–$2.28 zone.
4. Technical indicators like RSI (52.34) and Stochastic (63.13) suggest balanced buying and selling pressures, while EMAs and SMAs show mixed signals across timeframes.
5. A break above the 0.236 Fibonacci retracement level ($2.2526) could confirm a trend reversal, but failure to hold $2.21 may lead to a pullback.
Description
XRP climbed to $2.21 on June 29, 2025, marking a 1.3% gain on the day. The cryptocurrency posted a 24-hour trading volume of $1.32 billion and a market capitalization of $130.54 billion, trading within an intraday range of $2.18 to $2.22. XRP The 1-hour XRP/ USDT chart highlights short-term momentum that is skewing bullish. Following
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