Crypto Trends

Consolidation above $2.20 and waiting for decisive breakout

Ripple (XRP) shows a consolidation strength after the spring rally, oscillating around $2.27 (price recorded on 2025-07-07T09:46:03.737+02:00 on CoinGecko). In the previous week, XRP registered a slight growth of 1.2%, while on a monthly basis the change is positive by 7%, indicating a moderate bullish pressure but still far from the explosive volatility that characterizes past bull cycles.

On the crypto market, the sentiment remains cautious due to the uncertainty of the SEC regarding XRP ETFs – the decision is postponed and is the main short-term catalyst, as reported by FXEmpire.

Technical analysis and historical trend of XRP

  • Price XRP/USDT: $2.27
  • Market cap: approximately 134.1 billion $
  • 24h Volume: 2.33 billion $
  • ATH (all-time high): $3.84 (January 2018; recent top January 2025 at $3.40)
  • RSI Daily: 56 (neutral-slightly bullish zone)
  • MACD Daily: positive crossover, but modest, with a slightly hinted up trend
  • ADX (14D): 22 (trend strengthening but not yet explosive)
  • ATR (14D): 0.16 (contained volatility, typical of an accumulation phase)
  • Funding Rate: neutral/slightly positive on the main exchanges (Binance, Bybit), signal of equilibrium between long and short

Trend and pattern of XRP price

From April 2025, XRP has moved in a box range between $1.75 and $2.40, with a brief bull spike in June that has not yet confirmed beyond the $2.40-2.50 threshold, crucial for the restart. The key movement remains the holding of the lows at $2.10 and the construction of rising lows ($1.75 in May, $2.10 in June, $2.20 now). The most recent relative high was marked at $2.48 (June 24).

On the weekly chart, the price remains above the 50-week moving average ($1.86), an indicator of a still positive setup. The volume cluster and Point of Control (POC) are concentrated between $2.00 and $2.15: from here, robust rebounds have always been recorded.

On the daily, XRP continues to form a sequence of inside candles and consolidations, typical of accumulation by market makers – the compression of volatility often precedes directional breakouts.

Relevant patterns:

  • Ascending triangle forming, base at $2.10, dynamic resistance at $2.40.
  • Modestly visible positive divergence on RSI and MACD, suggesting the possibility of a bull breakout if confirmed by volumes.

Recent breakouts: No significant breakout confirmed above $2.48; the breakdown below $2.05 in May was quickly absorbed.

Key supports:

  • Daily: $2.10, $2.00, $1.86 (MA50w)
  • Weekly: $1.85 (historical), $1.50 (cyclical bull support)

Key resistances:

  • Daily: $2.40 – $2.50 (massive supply zone)
  • Weekly: $2.75, $3.10 and the January high at $3.40

Short and Medium Term Scenario

In the short term (next 2-4 weeks), it is essential to monitor the test of $2.40: a sustained daily close above this level, accompanied by increasing volumes (over $3.5 billion/24h), would confirm the positive conclusion of the ascending triangle pattern.

In case of refusal, the levels to watch for a possible return to the long renewal zone are $2.10 and $2.00 – their break would lead to testing the major support zone at $1.85 and, in extension, $1.50.

Technical patterns: the ascending triangle is approaching a breakout, with the peak expected by the end of July. RSI and MACD impress with positive divergence, while volumes remain compressed: pressure is building for a directional move.

XRP Price Forecast

Bull scenario

Break above $2.50 accompanied by volume expansion can project XRP towards the targets of $2.75, $3.10, and $3.40 (old annual high). In case of hype from ETF approval or favorable outcome in the SEC dispute, rapid spikes towards the $4.0 area cannot be ruled out.

Bear scenario

A confirmed break below $2.00 would activate the key levels at $1.85 and $1.50. Only the structural loss of $1.50 would reintroduce a bear cycle, but as of today, it seems unlikely given the current market appetite.

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Personal forecast

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Based on current data, a slightly more probable scenario: bullish breakout at $2.50, with an initial target of $2.75 by the end of July, supported by increasing volumes. The pressure from news (ETF/SEC) remains the main risk-opportunity.

Conclusion and final suggestions

The technical setup of XRP today is resilient: the trend remains moderately bullish, with a compression pattern that can trigger volatility in the coming weeks. The strength of the supports between $2.00 and $2.20 suggests that any corrections are targeted buying opportunities, especially from a swing or position accumulation perspective.

On the fundamental front, the SEC theme and the possibility of an XRP ETF are the real short-term catalyst: any news in this regard can quickly change the sentiment. Partnerships and growth of on-chain volume on XRPL strengthen the long-term view.

Operational advice: focus on breakout/reaccumulation above $2.50, well-calibrated stop loss below $2.00; progressive positioning on any pullback in the $2.10-2.00 area.

This is not financial advice. Always analyze the risk, stay updated on market news, and use stop loss!

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Price sources: CoinGecko, price recorded on 2025-07-07T09:46:03.737+02:00
News and data: FXEmpire, CoinCentral, TheTradable, U.Today, Finance Magnates

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