Crypto Star

07/06 09:39

XRP Technical Outlook – Watch the $2.23 Barrier

XRP Technical Outlook – Watch the $2.23 Barrier

From a technical perspective, XRP remains well supported. The 2-hour chart shows the price matching the ascending trendline from the June 23 low, with the 50-SMA ($2.2281) and 100-SMA ($2.2079) forming a critical support zone.

XRP price outlook and price action are narrowing into a wedge around $2.23, a resistance level that has been tested several times but not yet broken. Candlestick formations are neutral to uncertain, including spinning tops, signaling a volatility squeeze

If the bulls manage to break above $2.2340 on significant volume, XRP could quickly target $2.2822 and $2.3400. Conversely, a break below $2.20 could trigger a pullback to $2.147 or even $2.084. 

XRP Trade Setup – Breakout in the Making:

Entry: Above $2.23 on bullish trend confirmation

Targets: $2.2822 → $2.3400

Stop Loss: Below $2.20 trendline

Bias: Bullish while above 100-SMA

With Ripple’s institutional alignment deepening and price holding above support, XRP remains one of the most watched altcoins in 2025

#Check In Daily, Win Prizes Daily — Join the Fun!#Share Your Thoughts on Popular Assets in June#Claim1,200 USDT in the Monthly Creation Challenge

5Chia sẻ