XRP (XRP) Price Prediction for July 12
2025-07-11 08:23:40
Main Idea
XRP price is showing strong bullish momentum, trading above $2.55 with indicators suggesting potential further gains toward $2.85 or $3.00, supported by derivative activity and technical breakouts.
Key Points
1. XRP price has broken above the $2.55 zone and cleared the midpoint of a triangle pattern, confirming a broader trend reversal.
2. Derivative data shows increased open interest (8.61% to $6.15B), volume (30.27% to $12.88B), and options volume (99.71% to $6.57M), with Binance traders favoring longs (2.03 ratio).
3. Technical indicators like the Chande Momentum Oscillator (80.24), VWAP ($2.56), and Parabolic SAR support bullish momentum, with Fibonacci levels pointing to $2.71 as the next key target.
4. A symmetrical triangle breakout targets $2.85, with potential resistance near $3.00, while support levels are at $2.48, $2.35, and $2.20 if profit-taking occurs.
5. The 4H EMA cluster ($2.24–$2.42) and Bollinger Bands (upper band at $2.59) reinforce the bullish structure, with low-liquidity gaps between $2.57 and $2.72 favoring upward continuation.
Description
XRP price today is holding above $2.55 after breaking out from a major symmetrical triangle pattern that had capped price action since March. The breakout, confirmed by volume and structure, marks a critical shift in market sentiment and places bulls in firm control ahead of the weekend. With volume profile gaps overhead and on-chain strength showing up in derivatives flow, traders are watching closely for a continuation toward $2.70 and above. What’s Happening With XRP’s Price? XRP price dynami...
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