XRP (XRP) Price Prediction for July 3
The post XRP (XRP) Price Prediction for July 3 appeared on BitcoinEthereumNews.com.
After multiple failed attempts to break above $2.35 in June, the XRP price today is trading around $2.189, caught within a tight consolidation channel just below the $2.20 zone. Despite low volatility, intraday indicators suggest bulls are gradually regaining strength after defending the critical $2.10 support level. What’s Happening With XRP’s Price? XRPUSD price dynamics (Source: TradingView) Recent price action shows XRP price forming a contracting triangle structure between descending resistance near $2.25 and rising trendline support from the $2.03 pivot low. The daily chart also shows the price wedging into the apex of this structure, increasing the likelihood of a breakout. XRPUSD price dynamics (Source: TradingView) According to the Supertrend indicator, XRP remains under a red sell band with the trend flip zone near $2.31, making it a key upside hurdle. The Parabolic SAR, however, has flipped below price on the daily chart, suggesting short-term bullish pressure is building. XRPUSD price dynamics (Source: TradingView) Smart Money Concepts (SMC) highlights multiple CHoCH and BOS levels between $2.05 and $2.25. Notably, XRP reclaimed minor BOS zones around $2.16–$2.18, and current liquidity rests just above the $2.24 level. Unless price invalidates this structure, upside continuation remains a probable scenario. Why Is the XRP Price Going Up Today? XRP spot inflow/outflow (Source: Coinglass) The bounce from $2.15 on July 1 coincided with renewed capital inflow into spot markets. According to the latest data, XRP net inflow hit $5.96M on July 2, marking a rare bullish signal after persistent net outflows in June. This uptick in demand supports the rebound from support zones. XRPUSD price dynamics (Source: TradingView) On the 30-minute chart, the RSI divergence indicator shows a higher low while price made a lower low—often a precursor to reversal. RSI currently sits at 53.5, suggesting neutral-to-bullish momentum. Additionally, the MACD histogram has flipped…
Filed under: News - @ July 2, 2025 9:29 am