XRP Holds $2.00 Support: Eyes Set on $2.50 Resistance
XRP hovers at the $2.0 -2.10 support zone, with traders eyeing a potential 20% rebound toward $2.50 resistance.
Derivatives volume surged 110.59% to $8.94B, while open interest rose 5.76%, signaling heightened market activity.
ETF speculation for 2025 and $400M in corporate treasury accumulation are fueling anticipation for XRP’s next move.
Ripple (XRP) has come into focus once again as it approaches an important support level. The token rebounded from a strong decline after rejecting at $2.50 and bounced back to within the $2.00-$2.10 zone. This territory is being regarded as a possible support zone. Speculation on future trading, ETF speculation, and a surge in trading in 2025 are compounding the expectation. Participants in the market are waiting with anticipation on the next action.
CoinCodeCap Trading observed that the technical dynamics are the factors that influence the current XRP formation. The token is reloading at the support, and a potential 20 percent recovery towards $2.50 is in the picture. Market analysts recommended that market participants place sell signals below the $1.95 level to limit risk. This level can serve as a protective fence in case the market reverses to open bullishness.
XRP’s Battleground: Key Levels in Play
The support lies at $2.00 and a stronger low at $1.60 is likely to be found in case selling momentum increases. The resistance stands strong at $2.50 and a breakthrough may lead to a surge to 3.00. These are the levels determining the short-term trade and control.
Also Read: XRP Technical Analysis: Bullish Momentum or Break Below $2.00 Support?
The upside short-term movement of XRP is favorable. The medium-term trend is neutral with the new experience of uncertainty. In the long-term however, the trend is downward. This combination of trends is leaving traders guarded and watchful.
Momentum oscillators are also giving mixed signals. The MACD is still bullish and indicates certain strengths. The RSI value is steady without any overbought or oversold readings. This indecisive momentum means that the market is looking forward to a definite direction.
Whale Moves and ETF Buzz
Basic developments also come into focus. More than $400 million of XRP has been accumulated into corporate treasuries. This is a symbol that larger players are confident. Meanwhile, 2025 XRP ETF speculation is also getting hot. These are among the factors that are supporting the pending price zone.
Activity is increasing markedly in derivatives data. Coinglass suggests that the volume of trading has increased by 110.59% to $8.94 billion. The open interest has also improved by 5.76% and currently stands at $4.92 billion. This increase is an indication of increased traders entering the market with intention of making a strong move.
The OI-weighted funding rate on XRP stands at 0.0112%. This shows the derivatives traders are slightly bullish. But the rate is not so extreme, which indicates that majority of the traders are cautious.
Since XRP is building around support, the range of $2.00 to 2.10 is vital. The effect of a successful defense in this case might be the rally to $2.50. In the event of the breaking of resistance, then there is a subsequent target of $3.00. In the meanwhile, traders are keeping an eye on technical and fundamental cues, waiting to move in the next phase in the history of XRP.
Also Read: XRP Holds $2.28 as Bulls Eye Breakout: Is $2.46 the Next Stop?
Filed under: Bitcoin - @ July 7, 2025 11:20 pm