XRP surged to $2.21 on June 29, 2025, marking a 1.3% daily gain. The cryptocurrency recorded a 24-hour trading volume of $1.32 billion and a market cap of $130.54 billion, fluctuating between $2.18 and $2.22 during the session.
Short-Term Momentum (1-Hour Chart)
The 1-hour XRP/USDT chart reveals bullish short-term momentum. After peaking at $2.22, a minor pullback formed a potential bull flag—a continuation pattern common in trending markets. Key observations:
– Strong support near $2.175 bolsters the pattern.
– A breakout likely if prices close above $2.22 with renewed volume.
– Entry zones: $2.208–$2.210; upside targets: $2.218–$2.220, backed by order book consolidation.
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Mid-Term Recovery (4-Hour Chart)
The 4-hour chart highlights a V-shaped recovery, with XRP testing the $2.22 resistance. Critical insights:
– Volume analysis: Green candles coincide with heightened activity, a classic bullish signal.
– A breakout above $2.22 could propel prices toward $2.25–$2.28.
– Sustained momentum and broader market optimism support further gains.
Long-Term Trend Shift (Daily Chart)
The daily chart confirms a trend reversal from bearish to neutral/bullish, anchored by a double bottom near $1.908. Key developments:
– Prices approach the $2.22–$2.25 resistance zone.
– Higher lows and volume-backed candles reflect strengthening sentiment.
– Fibonacci levels:
– 0.236 ($2.2526) and 0.382 ($2.1867) serve as critical thresholds.
– A breakout above 0.236 may confirm trend reversal.
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Technical Indicators
| Indicator | Value | Implication |
|---|---|---|
| RSI | 52.34 | Neutral (balanced) |
| Stochastic | 63.13 | Mild bullish bias |
| CCI | 49.64 | Non-trending market |
| ADX | 14.95 | Weak trend strength |
| MACD | -0.0180 | Pending bullish cross |
Oscillators: Mostly neutral but lean slightly bullish.
Moving Averages: Short-term EMAs and SMAs signal buys, while long-term averages (50/100/200-period) show mixed signals.
Bollinger Bands: Prices test the upper band, suggesting volatility—breakout or pullback likely.
Bullish Case
- Strong uptrend across timeframes.
- Higher lows and bullish candlestick patterns.
- Break above $2.22 with volume could target $2.25–$2.30.
Bearish Risks
- Neutral oscillators and long-term MA divergences.
- Upper Bollinger Band historically precedes pullbacks.
- Failure to hold $2.21 may trigger a drop to $2.13–$2.08.
FAQs
Q: What’s the significance of $2.22 for XRP?
A: It’s a key resistance level. A confirmed breakout could accelerate gains toward $2.25+.
Q: Are indicators favoring bulls or bears?
A: Short-term signals lean bullish, but long-term MAs and oscillators urge caution.
Q: How reliable is the bull flag pattern?
A: High-probability continuation pattern, but requires volume validation.
Q: What’s the worst-case scenario if support fails?
A: A drop to $2.08 is possible if $2.17 support cracks.
Q: Does Fibonacci analysis support further upside?
A: Yes, clearing $2.2526 (0.236 Fib) may confirm a new uptrend.
Final Verdict
XRP stands at a pivotal juncture. While bullish momentum builds, a decisive close above $2.22 with strong volume is critical for sustained upside. Traders should:
– Monitor volume trends.
– Respect support levels ($2.21, $2.17).
– Stay cautiously optimistic but hedge risks.
The broader trend hinges on follow-through—prepare for volatility and trade with discipline.