XRP News Today: XRP Gains 3% Amid Market Decline, Tests Key Support

XRP, the cryptocurrency associated with Ripple, has shown modest gains amidst a broader market decline as of July 12, 2025. The digital asset has been navigating through key support and resistance levels, which are crucial for determining its future price movements. XRP's recent performance has been marked by a 3% increase, reaching $2.7780, which allowed it to break above significant resistance levels ranging from $2.31 to $2.36. This upward movement has set the stage for XRP to potentially target the next resistance range between $2.65 and $3.00.

The current price of XRP stands at $2.7780, reflecting a dynamic market environment where key indicators such as market capitalization play a pivotal role. The cryptocurrency's ability to sustain its gains will depend on its resilience against broader market volatility and the continued support from investors. The immediate support level for XRP is around $2.7558, while the next resistance level is at $3.00. Further key levels include $2.6461 on the downside and $3.40 on the upside, indicating the range within which XRP is likely to trade in the near future.

XRP's recent 3% gain amidst a declining crypto market highlights its relative strength, but key support levels at $2.7558 and $2.6461 will be critical in determining its near-term direction. With low trading volumes suggesting limited volatility, market participants should adopt a cautious approach while watching for decisive moves that could set the tone for XRP’s trajectory in the coming days.

On a larger time frame, the nearest significant support is identified at $2.6461. Maintaining price action above this level is essential for bulls to retain control and possibly drive XRP towards the $3 resistance zone. Currently, XRP trades at approximately $2.7780, situated in the middle of a broad channel ranging from $1.7711 to $3.40. This positioning suggests a balanced tug-of-war between buyers and sellers.

Given the current technical landscape, traders may consider setting tight stop-loss orders near the $2.7558 support to manage downside risk. Meanwhile, a sustained move above $2.78 could open the door for a retest of the $3 resistance level. Investors should remain vigilant for shifts in volume and price momentum that could signal a change in trend.

XRP bucks the weekend crypto downturn with a 3% rise, testing key support at $2.7558 amid low volatility and cautious market sentiment. The XRP/USD pair has demonstrated notable strength by rising 3% over the past 24 hours, contrasting with the broader market’s decline. However, technical indicators suggest caution as the hourly chart reveals a bearish setup. The price is nearing a crucial support level at $2.7558. A daily close below this threshold could trigger a test of the $2.70 range, potentially inviting further selling pressure.