REDATOR Ben Graham Posted July 15, 2025 REDATOR Report Share Posted July 15, 2025 XRP price started a fresh increase and traded above the $3.00 zone. The price is now correcting gains and might test the $2.75 support zone. XRP price started a fresh increase above the $2.850 zone. The price is now trading above $2.80 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.820 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.750 zone. XRP Price Rallies Over 5% XRP price started a fresh increase after it settled above the $2.650 level, like Bitcoin and Ethereum. The price was able to climb above the $2.80 resistance level. The recent move was positive and the bulls pushed the price above the $3.00 level. A high was formed at $3.0324 and the price is now correcting gains. There was a move below the 50% Fib retracement level of the upward move from the $2.660 swing low to the $3.0324 high. The price is now trading above $2.80 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.820 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.920 level. The first major resistance is near the $2.950 level. A clear move above the $2.950 resistance might send the price toward the $3.020 resistance. Any more gains might send the price toward the $3.080 resistance or even $3.120 in the near term. The next major hurdle for the bulls might be near the $3.20 zone. More Downsides? If XRP fails to clear the $2.950 resistance zone, it could start another decline. Initial support on the downside is near the $2.820 level and the trend line zone. The next major support is near the $2.80 level and the 76.4% Fib retracement level of the upward move from the $2.660 swing low to the $3.0324 high. If there is a downside break and a close below the $2.80 level, the price might continue to decline toward the $2.750 support. The next major support sits near the $2.650 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.820 and $2.750. Major Resistance Levels – $2.950 and $3.020. Visitante_d6bd75e9 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.