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The XRP price is currently consolidating near $2.1833, following a sharp reversal from $1.96 last week. This recovery is supported by structural reclaim and bullish momentum across key indicators. However, the price is approaching a congestion zone around $2.20–$2.28, where multiple resistance layers converge. Traders are now awaiting confirmation on whether XRP can build above this band or retrace into a short-term cooldown.
XRP's price action shows a clear V-shaped recovery after rejecting sub-$2.00 levels. The 4-hour chart confirms a break above the descending wedge resistance, with the price now retesting the upper boundary of the prior liquidity zone between $2.05 and $2.18. On the daily chart, XRP has broken through key mid-June resistance near $2.10 and is currently attempting to flip the broader breakdown structure. This includes a descending trendline extending from the April highs and overlapping Fibonacci resistance near $2.25.
Parabolic SAR has flipped bullish on the 30-minute chart, while supertrend signals have turned green, marking the early phase of a trend shift. RSI is rising across multiple timeframes, with the 4-hour RSI around 69, inching toward the overbought threshold. Notably, RSI has formed a bullish divergence on the 2-hour chart, confirming upside momentum from the $1.96 base. MACD on both 4-hour and 1-hour charts has triggered a bullish crossover with strong histogram expansion, suggesting buyers are in control. However, MACD slope is slightly flattening on the 1-hour chart, hinting at momentum fatigue near $2.20.
Bollinger Bands are widening, with XRP hugging the upper band on the 4-hour timeframe, a classic sign of breakout volatility. Yet, this also increases the chance of short-term rejection or consolidation around current levels. ADX/DMI analysis shows a rising
around 29 on the 4-hour chart, confirming trend strength. DMI+ remains above DMI−, but is narrowing, suggesting slowing upside momentum unless a fresh impulse follows. ATR has picked up, reinforcing increased price range and trader activity. Combined with reclaim of key moving averages (SMA/EMA 50 and 100), this suggests XRP is entering a high-volatility phase.On June 24, 2025, XRP traded around $2.1833, with total long liquidations amounting to $937.06K and short liquidations much lower at $1.53M. The discrepancy highlights strong bullish sentiment as long positions dominated liquidation activity. Despite this, the long-liquidation clusters—especially at CoinEx and Bybit—indicate that upside momentum may be facing temporary exhaustion. The liquidation spikes also align with XRP price hovering near a local resistance zone, shown by a flattening yellow price curve. Historically, large long liquidations have preceded short-term consolidation or retracements, making this a potential inflection point. Traders should watch for increased volatility near the $2.20–$2.25 range as leverage begins to unwind.
The current XRP price update suggests short-term bullish bias, but with risk of rejection near $2.25–$2.30 where historical sell pressure was concentrated. If price breaks above $2.30, the next upside targets sit at $2.41 and $2.55. On the downside, $2.10 serves as immediate support, followed by $2.00. A daily close below $1.96 would invalidate the current bullish setup and shift momentum back to sellers. Until then, the broader market structure favors continuation toward $2.30 if buyers can sustain control.
XRP price spikes from sub-$2.00 have sparked a renewed uptrend, supported by broad indicator confirmation and structural flips. While short-term resistance near $2.30 remains a key challenge, momentum favors bulls unless price slips below $2.10. Sustained action above $2.25 could lead to accelerated gains toward $2.41 and beyond.

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