Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP Price Trades Sideways — Bulls Preparing for Next Push?

XRP Price Trades Sideways — Bulls Preparing for Next Push?

NewsbtcNewsbtc2025/06/26 20:24
By:Aayush Jindal

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

XRP price started a fresh increase from the $2.150 zone. The price is consolidating gains and might aim for a move above the $2.220 zone.

  • XRP price started a fresh increase above the $2.150 zone.
  • The price is now trading above $2.150 and the 100-hourly Simple Moving Average.
  • There is a bullish trend line forming with support at $2.1320 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could continue to move up if it closes above the $2.220 resistance zone.

XRP Price Eyes Upside Break

XRP price remained supported and started a fresh increase above the $2.050 zone, like Bitcoin and Ethereum . The price recovered above the $2.080 and $2.120 resistance levels.

The pair even cleared the $2.180 resistance and recently spiked above the $2.220 zone. A high was formed at $2.2294 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high.

The price is now trading above $2.180 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2.1320 on the hourly chart of the XRP/USD pair.

On the upside, the price might face resistance near the $2.220 level. The first major resistance is near the $2.250 level. The next resistance is $2.320. A clear move above the $2.320 resistance might send the price toward the $2.40 resistance.

Source: XRPUSD on TradingView.com

Any more gains might send the price toward the $2.480 resistance or even $2.50 in the near term. The next major hurdle for the bulls might be $2.550.

Downside Correction?

If XRP fails to clear the $2.220 resistance zone, it could start another decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.1320 level and the trend line.

If there is a downside break and a close below the $2.1320 level, the price might continue to decline toward the $2.050 support or the 50% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. The next major support sits near the $2.00 zone.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $2.150 and $2.1320.

Major Resistance Levels – $2.220 and $2.250.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ESUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/16 11:12

New spot margin trading pair — CROSS/USDT, TAC/USDT!

Bitget Announcement2025/07/16 08:07

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40