After weeks of low volatility and consolidation, XRP price has pierced through the bull market support band and is testing the apex of a year-long triangle. XRP price today stands at $2.26, with bulls pushing to reclaim $2.30 – a level that may determine whether this breakout attempt holds or stalls.
What’s Happening With XRP’s Price?
On the daily chart, XRP has spent the past few months compressing inside a symmetrical triangle pattern, bounded by descending resistance near $2.35 and rising support just above $2.00. The latest candle is nudging above the triangle’s upper boundary, testing key supply near $2.30–$2.3458.
The bull market support band, composed of weekly EMA20 and EMA21, has just been reclaimed. This is a major structural shift from previous rejections and could mark the start of a trend reversal if sustained. Meanwhile, Volume Profile shows heavy accumulation just below $2.20, and Value Area High aligns closely with the breakout zone — reinforcing its importance.
Market structure is currently neutral-bullish, but upside conviction will depend on a decisive move above $2.345 and weekly close beyond $2.36.
Why Is The XRP Price Going Up Today?
Why XRP price going up today can be attributed to a combination of volume expansion, derivative positioning, and momentum signals triggering near a major compression zone.
Derivatives data from Coinglass shows a 93% surge in 24-hour volume to $9.92B and open interest climbing 4.7% to $4.93B, indicating new capital flow into the XRP market. Notably, Binance long/short ratios remain long-heavy, with top trader positioning skewed 2.3:1 on the long side. This supports the idea that institutional and whale interest is building near the breakout zone.
On the 30-minute chart, XRP is holding just above session VWAP ($2.26) with a recent SAR flip below price, a short-term bullish signal. The Bollinger Bands are beginning to expand again, hinting at a new volatility cycle.
However, RSI remains mixed at 46.2, and MACD shows a narrowing bearish histogram, implying that while momentum favors bulls, confirmation is still pending a breakout retest and strong volume continuation.
XRP Technical Indicators Show Compression and Support Alignment
The 4-hour chart reveals a full alignment of the 20/50/100/200 EMA cluster below current price. This rare bullish stack provides strong dynamic support between $2.21 and $2.24. The most recent rejection from $2.35 pushed XRP back into the mid-band, where Bollinger Bands are now coiling tightly. This sets up a potential squeeze breakout if buyers return.
On the daily timeframe, Chande Momentum Oscillator prints a reading near 20.5, while the Directional Movement Index (DMI) shows +DI leading slightly with ADX strengthening — typically a sign of trend development.
The Money Flow Index (MFI) stands at 66.1, nearing overbought territory. This suggests inflows are strong, but traders should watch for any exhaustion above $2.30. Overall, momentum indicators are in favor of continuation but require a breakout above $2.345 to confirm trend shift.
XRP Price Prediction: Short-Term Outlook (24H)
XRP price is now at a technical inflection point. A clean breakout above $2.345 could send the pair toward $2.567 — the upper boundary of the supply zone. Beyond that, the next resistance lies at $2.70, followed by the major supply band near $3.00.
If rejection persists and XRP price today falls below $2.20, a retracement into the $2.10–$2.0535 range becomes likely. That zone includes prior lows and volume profile support. Deeper breakdowns could target $1.90 if the triangle breakout fails entirely.
That said, given the current breakout pressure, long-heavy derivatives bias, and bullish EMA alignment, the near-term bias remains constructively bullish as long as XRP holds above $2.20.
XRP Price Forecast Table: July 9, 2025
Indicator/Zone | Level / Signal |
XRP price today | $2.26 |
Resistance 1 | $2.3458 |
Resistance 2 | $2.567 |
Support 1 | $2.200 |
Support 2 | $2.0535 |
MACD (30-min) | Bearish, flattening |
RSI (30-min) | 46.2 (Neutral to Weak) |
Parabolic SAR | Bullish (dots below price) |
Bollinger Bands (4H) | Tightening near upper mid-band |
EMA Cluster (4H) | 20/50/100/200 Bullish Stack |
ChandeMO | 20.56 (Building Momentum) |
MFI (1D) | 66.1 (Strong inflows) |
DMI (1D) | +DI leads, ADX rising |
Derivatives Volume | $9.92B (+93%), Long-Biased |
Open Interest | $4.93B (+4.7%) |
VWAP (30-min) | $2.263 (Near Price) |
Options IV (July 25, $2.30) | 66.6%, Put Open Interest 5170 |
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