NewsBTC
3 July 2025
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XRP Price Increases Above $2.220 but Faces Resistance at $2.2850

XRP price is consolidating after rising from $2.150, with potential resistance at $2.285.

  • Price increased above $2.220 and is above the 100-hourly Simple Moving Average.
  • A bullish trend line forms support at $2.20 on the hourly chart.
  • A failure to break the $2.285 resistance may lead to a decline.

XRP Price Movement

XRP found support near $2.150 and rose past the $2.220 resistance. The price exceeded $2.250 but faced selling pressure near $2.285. It remains above the 100-hourly Simple Moving Average, indicating some upward momentum.

XRP Price

The price may face resistance at $2.2580, with key levels at $2.2850 and $2.320. A breakout above $2.320 could push it towards $2.350 or higher.

Potential Decline

If XRP does not surpass $2.2850, it may decline. Initial support is at $2.220, followed by $2.20. A close below $2.20 could lead to further declines toward $2.150 and then $2.120.

Technical Indicators:

  • Hourly MACD shows weakening bullish momentum.
  • Hourly RSI is above 50.
  • Major Support Levels: $2.220, $2.20.
  • Major Resistance Levels: $2.2850, $2.320.