XRP News Today: XRP Price Surges 1.79% Amid Growing Interest

XRP price has been on a steady upward trajectory since late June, when it bounced off its major support zone. The price is currently trading just over $2.26, closely following a rising trendline and remaining above the 50-period moving average, which is providing strong support. The 24-hour change is +1.79%, and the 4-hour RSI (14) is at 53.99, indicating neutral momentum. The volume has increased by 126%, suggesting growing interest and potential accumulation.

The price structure remains bullish as long as it stays above the 50 SMA at $2.2244 and the ascending trendline. Short-term resistance levels are near $2.30 and $2.42. If XRP breaks these levels with significant volume, the next upside target could be around $2.50. On the downside, minor supports are at $2.22 and $2.15 before the critical $2.00 demand zone.

The chart shows three Breaks of Structure (BOS) since mid-June, indicating a shift from bearish to bullish momentum. Buyers have successfully defended each dip, keeping XRP on an upward trendline that started around June 23. Currently, XRP price is just under a key resistance level, showing signs of consolidation. Volume has picked up, which suggests accumulation, but a break above $2.33 with strength is needed to maintain momentum.

The $2.00–$2.05 zone remains a critical demand area. If the price breaks below the trendline and the 50 SMA, a return to this zone is likely. Technical indicators present a mixed picture. The MACD shows a mild bullish crossover with an upward bias, while the RSI indicates neutral momentum. The CCI is slightly bearish, and the Ultimate Oscillator shows bearish pressure building. The ROC indicates mild negative price movement, and the Bull/Bear Power shows a weak bullish edge.

In summary, the indicators present a mixed picture with limited momentum but a slightly bullish structure. There are no signs of a strong breakout or breakdown yet. The most likely outcome for today is a continuation of the sideways pattern between $2.22 and $2.30 unless volume drives a clean breakout. A break above $2.33 on volume could spark a move toward $2.50, while failure to hold the trendline and 50 SMA could send XRP back to test the $2.00 demand zone.