XRP (XRP) Price Prediction for July 5
2025-07-04 07:52:09
Main Idea
XRP's price is currently trading around $2.24, facing resistance at $2.30 and showing signs of bearish pressure, with key support levels at $2.21 and $2.05.
Key Points
1. XRP price is trading around $2.24 after a failed breakout attempt above $2.30, a level that has capped upside since mid-June.
2. The price is forming a descending triangle pattern on the 4-hour chart, with support at $2.21 and resistance at a declining trendline.
3. Bearish divergence on the RSI and weak volume suggest limited bullish momentum, with the RSI hovering around 38.
4. Key support levels are at $2.21 and $2.05, while resistance levels are at $2.30 and $2.40–$2.65.
5. Short-term outlook is cautious, with a breakdown below $2.21 potentially leading to a drop toward $2.05, while a breakout above $2.30 could target $2.40 and $2.47.
Description
The XRP price today is trading around $2.24 after a failed breakout attempt above $2.30, a level that has repeatedly capped upside since mid-June. Despite brief bullish momentum, XRP remains stuck in a broader descending structure, with sellers re-entering near supply zones. The price is currently consolidating near a decision point that could define short-term direction. What’s Happening With XRP’s Price? XRPUSD price forecast (Source: Tradingview) XRP continues to respect a multi-month descend...
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