XRP News Today: XRP Surges 1.3% to $2.21 on Bullish Momentum

XRP, the cryptocurrency, experienced a notable surge on June 29, 2025, reaching $2.21, which marked a 1.3% increase for the day. The cryptocurrency's market capitalization stood at $130.54 billion, with an intraday trading range between $2.18 and $2.22.

The 1-hour XRP/ USDT chart revealed a bullish short-term momentum, with a potential bull flag pattern forming after a spike to $2.22. This pattern is common in trending markets and indicates a continuation of the upward trend. The volume surge with a large green candle prior to reaching the $2.22 high suggested strong buyer interest. Support around $2.175 underpinned the formation, implying that a breakout could occur if the price closes above $2.22 with renewed volume. Traders might consider entering positions near $2.208–$2.210, with upside targets between $2.218–$2.220, supported by tight order book clustering.

On the 4-hour chart, XRP demonstrated a strong mid-term recovery characterized by a V-shaped rebound. The asset held support at $2.067 and was attempting to push above the $2.22 resistance. Volume analysis confirmed that green candle closes were associated with increased activity, a classic bullish signal. A successful breakout above $2.22 could propel the price toward the $2.25–$2.28 zone. If the upward momentum continues, the structure supports the idea of sustained gains, particularly in tandem with broad market optimism.

The daily chart confirmed that the broader trend had shifted from bearish to sideways-to-bullish following a double-bottom near $1.908. The price was currently approaching the $2.22–$2.25 resistance zone after setting higher lows, with increasing volume on recent bullish candles. This reflected strengthening sentiment and a potential continuation of the upward trend. The bullish structure was reinforced by the Fibonacci retracement, which showed the current price hovering between the 0.236 ($2.2526) and 0.382 ($2.1867) levels. A break above the 0.236 resistance could serve as a confirmation of trend reversal.

Oscillator readings remained largely neutral but leaned slightly bullish. The relative strength index (RSI) was at 52.34, while the Stochastic oscillator was at 63.13, both suggesting a balance between buying and selling pressures. The commodity channel index (CCI) at 49.64 and the average directional index (ADX) at 14.95 both supported a non-trending market phase, yet the momentum indicator registered a modest 0.0447 bullish signal. The Awesome oscillator posted a value of −0.0164, indicating mild bearish divergence, though the moving average convergence divergence (MACD) level at −0.0180 suggested a pending bullish crossover.

Moving average (MA) signals across the board were predominantly bullish across short-term durations. The exponential moving averages (EMAs) and simple moving averages (SMAs) for 10, 20, and 30 periods were all in bullish territory. However, some longer-term averages showed divergence: the 50-period SMA and both the 100-period EMA and SMA reflected sell signals, while the 200-period EMA still suggested buying interest. The 200-period SMA at $2.3677 remained above current price levels, implying potential overhead resistance. Bollinger Bands indicated increased volatility with price testing the upper band, hinting at either breakout continuation or short-term pullback, contingent on volume behavior.

XRP’s price action across multiple timeframes indicated strong bullish momentum, especially if it could sustain a close above $2.22 with volume. The presence of higher lows, bullish candlestick formations, and short-term buy signals across most moving averages supported the case for a move toward the $2.25–$2.30 resistance zone. A clean break above the 0.236 Fibonacci retracement level could trigger accelerated gains.

Despite near-term strength, several oscillators remained neutral, and longer-term moving averages such as the 100-period and 200-period Simple Moving Averages signaled caution. XRP was also trading near the upper Bollinger Band, historically a zone prone to short-term pullbacks. Failure to hold $2.21 support or a rejection at $2.22 could open the door for a retracement to $2.13 or even $2.08.

XRP is at a critical juncture. While bullish momentum is clearly building, confirmation via a decisive breakout above $2.22 with volume is essential to sustain further gains. Traders should monitor volume closely and respect support at $2.21 and $2.17 to manage risk effectively. Cautious optimism is warranted given the constructive setup, but the broader trend still hinges on follow-through.