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XRP (XRP) Price Prediction for July 13, 2025: Can Bulls Extend the Breakout Above $2.80?

2025-07-13 10:19:09

XRP (XRP) Price Prediction for July 13, 2025: Can Bulls Extend the Breakout Above $2.80?

Main Idea

XRP price is consolidating below $2.80 after a strong rally, with indicators suggesting potential for further bullish movement or a minor retracement.

Key Points

1. XRP price has broken out from a multi-month symmetrical triangle, reaching an intraday high of $2.84 before consolidating below $2.80.

2. Technical indicators like EMAs, Bollinger Bands, and the Supertrend indicator show strong bullish momentum, with potential for further upside if key resistance levels are breached.

3. Derivatives data shows a surge in daily volume (96% to $34.7B) and open interest (5% to $7.23B), with options activity up 833%, indicating strong market interest and a long-biased sentiment.

4. Short-term support levels are at $2.61 and $2.45, with resistance zones at $2.90–$3.00 and $3.10–$3.12; a drop below $2.45 could invalidate the bullish structure.

5. Indicators like RSI and MACD on the 30-minute chart show signs of temporary exhaustion, but the broader trend remains bullish as long as XRP stays above $2.61.

Description

After a sharp multi-day surge, XRP price has entered a consolidation phase just below the psychological $2.80 mark. This rally was triggered by a breakout from a prolonged compression structure and is now facing resistance around the $2.90–$3.00 region. With strong volume and momentum indicators still favoring bulls, traders are watching closely for the next decisive move. What’s Happening With XRP’s Price? XRP price dynamics (Source: TradingView) On the 1-day chart, XRP price action has decisiv...

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