XRP News Today: XRP Hovers Near $2.18 as Key Indicators Signal Uncertainty

XRP, the cryptocurrency, has shown signs of hesitation near a major resistance zone, hovering around $2.18 after a recovery rally from sub-$2.00 levels earlier this week. Despite breaking back above the $2.10 psychological level, XRP now faces a convergence of key indicators that could determine whether upside continuation or a reversal plays out on June 30, 2025.

XRP has rebounded into a multi-layered resistance cluster between $2.18 and $2.25, marked by supply zones from Smart Money Concepts, previous CHoCH levels, and multiple failed breakouts. The 4-hour chart reveals price attempting to reclaim the descending channel resistance, but rejection from the $2.21–$2.23 zone remains a key barrier. Price is currently trading above the 20, 50, and 100 EMA lines, showing short-term bullish structure. However, it remains below the 200 EMA, which aligns closely with Keltner Channel midline resistance. The daily chart shows a descending wedge pattern still active, with XRP struggling to decisively break above the upper trendline near $2.20.

Smart Money data also reflects caution. The most recent CHoCH rejection near $2.23–$2.25 coincides with a historical EQH zone that triggered multiple structural breakdowns in June. Until that ceiling is cleared, upside remains limited. The recent decline from $2.20 is primarily due to momentum exhaustion and overhead pressure from high-volume liquidity zones. The 30-minute chart shows the RSI diverging with price, printing a bearish signal near 48.1. This coincides with a rejection from VWAP resistance at $2.1848, while the MACD histogram has flattened with no bullish crossover confirmation. Parabolic SAR dots have flipped above price, further reinforcing a potential intraday downtrend. The 4-hour Supertrend remains bearish below $2.11, and despite short-term attempts to flip bullish, the signal has not yet fully confirmed an uptrend resumption.

Additionally, option market data indicates heavy call interest at the $2.20–$2.25 strikes for the July 4 expiry. Implied volatility remains subdued near 59%, suggesting that traders are pricing in limited upside unless $2.25 is breached with momentum. On the order flow side, MFI is hovering at 48.6, showing neutral inflows, while the RSI on higher timeframes remains below 50 — signaling that bulls still lack conviction.

XRP is trading within a narrowing range between $2.15 and $2.21, with Bollinger Bands tightening and Keltner Channels showing reduced volatility. This typically precedes a breakout, but direction remains uncertain. VWAP, SAR, and 200 EMA are all coiling around the $2.18 zone. This convergence makes $2.18–$2.20 a pivotal level for bulls to reclaim with volume if a breakout toward $2.25–$2.30 is to be achieved. Failure to do so would open the door for a revisit to the $2.05–$2.00 support band — a liquidity-rich area confirmed by multiple CHoCH and BOS formations on the Smart Money chart.

If XRP price closes above $2.21 with strong volume and RSI pushes back above 50, a rally toward $2.25 and potentially $2.30 becomes likely. This would align with the 1D wedge breakout scenario and confirm a broader bullish reversal. On the flip side, rejection below $2.18 could drag price toward $2.12 and $2.05, where bullish OB and high-volume support exist. A breakdown below $2.00 would negate the short-term bullish case and reintroduce downside risk toward $1.91. Given the current convergence of major indicators, the next 24 hours are critical. XRP price volatility is expected to rise as compression reaches its tipping point.