XRP News Today: XRP Recovers 9% to $2.19 Amid Key Resistance Levels

XRP, the cryptocurrency, has been experiencing a notable recovery, with its price hovering around $2.19 after a sharp bounce from the $2.00 region. This recovery is occurring just beneath a significant resistance cluster, indicating a potential for further movement. The price action on the weekly chart continues to oscillate between the 0.382 Fibonacci retracement level at $2.2869 and the 0.5 level at $1.9431. Buyers have managed to push XRP above the $2.15 mark, signaling a modest but notable recovery from local lows.

The daily structure shows a narrowing triangle with visible resistance at $2.33 and support at $2.10. Recent candles have formed a tight-bodied range, indicating equilibrium between buyers and sellers near the short-term trendline. A bullish breakout above $2.21 could invalidate the current downtrend setup, opening a move toward $2.30–$2.33. The reason for the recent price increase lies in the bounce from key liquidity zones between $2.00 and $2.05, where Smart Money Concepts identified strong bullish order blocks. The 4-hour chart reflects a clear change-of-character (CHoCH) above $2.10, flipping local market structure and reviving intraday bullish sentiment.

Furthermore, the Bollinger Bands on the 4H timeframe are expanding again after a compression phase, with XRP holding above its 20, 50, and 100 EMAs. This suggests that XRP price volatility may rise as the token builds pressure beneath the $2.21 ceiling. However, a word of caution comes from the 30-minute RSI, which is showing bearish divergence. Despite higher highs in price, the RSI has slipped to 49.76, accompanied by multiple “Bear” signals. The MACD remains flat, with weak histogram prints near the zero line, suggesting a lack of definitive momentum. This divergence could cap near-term upside unless bulls produce volume above $2.21.

On the Smart Money Concepts chart, XRP has remained beneath a major “strong high” zone near $2.30, with several equal highs (EQH) formed below this ceiling. This sets up a potential liquidity grab scenario if bulls manage a breakout. Meanwhile, the downside remains protected by a “weak low” liquidity pool near $1.90–$2.00, which has already seen heavy absorption from buyers. The 4-hour Supertrend indicator has flipped bullish, with the support band now rising from $2.07. However, the Directional Movement Index (DMI) remains neutral, with the +DI and -DI lines converging and ADX weakening—implying low trend strength at the moment. Price is essentially caught in a coil, tightening between overlapping moving averages and volatility bands.

Options data for the June 27 expiry also reveals notable open interest around the $2.20–$2.25 strike range. This implies market participants are watching this zone closely for potential binary movement after expiry. As of now, XRP is consolidating below resistance at $2.2135, within a symmetrical wedge pattern. A clean breakout above this level, with hourly candles closing above $2.22, could trigger a swift move toward $2.28 and $2.33 — levels that previously hosted heavy sell-side pressure. On the downside, if XRP breaks below the $2.1450 dynamic support (aligned with the 4H EMA cluster), a retracement back toward $2.08 and potentially $1.9980 becomes likely. This is also in line with the blue demand zone marked on the liquidity chart.

Given that the MACD remains directionless and RSI divergence persists, XRP price spikes in either direction may depend on whether short-term bulls can flip $2.21 into support or lose control of the $2.14–$2.15 region. The XRP price update for June 27 suggests a balanced tug-of-war near $2.19. While higher time frame support holds, intraday resistance remains stubborn at $2.21. A decisive breakout above this level could invite a push toward $2.30–$2.33. But unless the bearish RSI divergence is resolved, the XRP price today may remain vulnerable to rejection and volatility swings ahead of options expiry.