The XRP price today is hovering near $2.15 following a sharp intraday recovery from the $2.10 region. Despite recent volatility, bulls appear to be defending a critical demand zone as the market awaits directional confirmation. The current structure reflects cautious optimism, with momentum indicators turning mildly positive after last week’s steep correction.
What’s Happening With XRP’s Price?
Over the past 48 hours, the XRP price action has stabilized above a strong demand block between $2.06 and $2.10, highlighted on the Smart Money Concepts chart by a “Strong Low” and multiple CHoCH signals. This area has acted as a springboard for previous rallies and is now proving resilient once again.
The 4-hour liquidity swing chart shows that institutional volume surged near the $2.08–$2.10 wick zones, suggesting potential absorption of sell-side pressure. The most recent candles show consolidation within a narrow range just under the $2.18 resistance shelf, which aligns with the trendline rejection zone marked on both the 30-minute and 4-hour structures.
Key Indicators Show Early Signs of Reversal
The RSI on the 30-minute chart is currently at 52.80, climbing gradually from oversold territory, while MACD has flipped into a mild bullish crossover. This reflects growing short-term buying interest.
On the 4-hour chart, Keltner Channels and the 20/50/100/200 EMA cluster still hover above price, acting as layered resistance from $2.19 to $2.25. The Keltner midline at $2.19 also overlaps with the previous trendline breakdown zone, making this a critical confluence level to watch in the upcoming sessions.
The XRP price update also includes VWAP values holding steady around $2.15, indicating mean reversion pressure as price attempts to build structure above the session average. A clear close above VWAP and reclaim of the $2.18 level could allow the next bullish leg to challenge the $2.23–$2.25 zone.
Volume Profile and Market Structure
Volume profile analysis on the daily chart highlights a point of control around $2.18, confirming that this level is not just a technical resistance but a high-volume node. The region between $2.18 and $2.40 is dense with previous activity and rejections, suggesting the XRP price volatility will likely expand once this zone is tested again.
Additionally, the ICT Premium/Discount model shows XRP still trading in a relatively neutral zone, with major imbalance lines sitting far above and below at $3.40 and $0.38 respectively. The nearest strong support line, marked at $1.89, acts as a psychological floor should bears regain control.
On the Smart Money Concepts chart, multiple BOS (Break of Structure) and CHoCH signals point to fragmented momentum, although the current bullish CHoCH pattern near $2.10 supports the argument for a base-building phase.
Why is the XRP Price Going Down Today?
The question of why XRP price going down today stems from a combination of resistance confluence, fading upside momentum, and lack of follow-through after last week’s rebound. Although the recent dip was swiftly absorbed near $2.10, XRP continues to struggle under trendline resistance from the June 7 peak.
Directional Movement Index (DMI) shows the +DI (24.67) attempting to rise, but the -DI (27.39) still holds higher ground. This divergence underscores the current hesitation in trend reversal, reflecting indecision among short-term participants.
Until bulls reclaim the $2.23–$2.25 pocket and establish consistent closes above the VWAP and mid-Keltner line, XRP price spikes may remain limited to intraday pullbacks and recoveries.
Short-Term Forecast and Price Outlook
From a structural standpoint, the 4-hour chart shows XRP still respecting the broader downtrend despite intraday support holds. Bulls need a confirmed breakout above $2.25 to validate a bullish reversal and challenge the upper resistance zones between $2.33 and $2.39.
Failure to break higher could see XRP re-test $2.10 or even sweep the $2.05–$2.06 liquidity pockets again. The next major breakdown zone is near $1.89.
Technical Forecast Table
| Indicator/Zone | Level/Signal |
| Immediate Resistance | $2.18 – $2.23 |
| Strong Resistance Cluster | $2.33 – $2.39 |
| Key Support Zone | $2.05 – $2.10 |
| Weekly Support Floor | $1.89 |
| RSI (30-min) | 52.80 (neutral-bullish) |
| MACD (30-min) | Bullish crossover |
| VWAP | $2.1540 |
| Trend Bias (Short-Term) | Neutral to Bullish |
| Volume Profile POC | ~$2.18 |
| DMI Trend Strength | Bearish bias holding |
Unless a decisive breakout reclaims the $2.23 threshold, XRP price may remain vulnerable to selling pressure within the current supply zone. Traders should watch for volume confirmation and RSI behavior at key resistance levels to gauge sustainability of any further upside.
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