4 hours ago
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XRP Price Analysis: Strong Momentum But Key Resistance at Play
XRP ($XRP) has had a spectacular run over the past week, surging from under $2.50 to a recent high of $3.47 — a gain of nearly 40% in just a few days. This breakout has pushed XRP above critical resistance levels at $2.80 and $3.00, and it's now consolidating just below its immediate resistance line near $3.50.
XRP/USD 4-hours chart - TradingView
On the 4H chart, XRP is still riding well above both the 9 and 21 moving averages (3.46 and 3.26 respectively), but the latest candles show indecision and tightening price action — classic signs of consolidation or a short-term pullback.
RSI Hints at a Possible Cooldown
The Relative Strength Index (RSI) is flashing an early warning signal. With the RSI at 72.42, XRP remains in overbought territory, which could lead to a temporary retracement before the next leg up. Historically, XRP tends to pull back when RSI crosses above 70 on the 4H timeframe, especially after steep runs like this.
Traders should watch for a potential dip toward the 21 MA around $3.26 or even deeper into the $2.80–$3.00 support zone. These would be healthy corrections in the context of a broader bullish trend.
Key Support and Resistance Levels
Here are the critical levels to watch in the coming days:
- Immediate resistance: $3.50–$3.60 zone
- Major resistance: $4.00 psychological and technical level
- Short-term support: $3.26 (21 EMA), then $2.80
- Stronger support: $2.50 and $2.24
Any retracement into these lower zones could offer attractive long entries, especially if buying volume returns quickly.
XRP Price Prediction: $4 Breakout Still in Play?
Despite signs of a near-term cooldown, the macro structure remains very bullish. XRP has broken out of a multi-month accumulation phase, and the recent rally has confirmed a trend shift.
If the bulls manage to hold above the $2.80–$3.00 support region, the path toward $4 becomes increasingly likely. A confirmed close above $3.60 would be the next catalyst for continuation, targeting $4 as the next major milestone.
With growing institutional interest in XRP, the broader adoption of crypto in the US, ongoing legal clarity, and strong chart structure, the fundamentals support a potential $4 breakout by late July or early August.
Final Thoughts: Don’t Chase — Buy the Dip
While the temptation to FOMO in is strong, professional traders know the real opportunity lies in waiting for optimal entries. Watch how XRP behaves around the $3.26 and $2.80 zones — those are the areas to watch for a bounce before the next run-up.
A break above $4 could open the door for a fresh price discovery phase, but only if this consolidation holds and resets indicators like RSI.
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