XRP Price Analysis for July 12
The post XRP Price Analysis for July 12 appeared on BitcoinEthereumNews.com.
Most of the cryptocurrencies are in the red zone at the beginning of the weekend, according to CoinStats. XRP chart by CoinStats XRP/USD XRP is an exception, rising by 3% over the last 24 hours. Image by TradingView Despite today’s growth, the rate of XRP is looking bearish on the hourly chart. The price is approaching the support of $2.7558. If the daily bar closes below that mark, traders may witness a test of the $2.70 range. Image by TradingView On the bigger time frame, one should focus on the nearest level of $2.6461. While the rate is above that mark, bulls are more powerful than bears. You Might Also Like In this case, there is a chance of an upward move to the $3 area. Image by TradingView From the midterm point of view, the price of XRP is in the middle of the wide channel, between the support of $1.7711 and the resistance of $3.40. The volume is low, which means increased volatility is unlikely to happen shortly. XRP is trading at $2.7780 at press time. Source: https://u.today/xrp-price-analysis-for-july-12
Filed under: News - @ July 12, 2025 9:19 pm