XRP Price at Key Level: Will It Break $2.48 or Crash?
The post XRP Price at Key Level: Will It Break $2.48 or Crash? appeared on BitcoinEthereumNews.com.
XRP price is approaching a decision point. The chart reveals a descending triangle tightening between the upper resistance near $2.48 and a solid floor around $2.02. A break above $2.48 could push the price to test $2.65, with room toward $2.78 if momentum picks up. But with RSI still hovering around 50, strength isn’t confirmed. On-chain metrics indicate a rise in active addresses and new holders, yet whales remain largely inactive. Without big player participation, any breakout could struggle to sustain beyond resistance. XRP Price Technical Structure Points to a Volatility Pivot The daily XRP/USD chart shows a clean descending triangle forming over the past six weeks, with lower highs compressing into a flat support zone. Triangle patterns typically break in the direction of the broader trend, and XRP’s recent failure to reclaim the $2.60 zone reinforces the importance of $2.48 (first $2.35) as a make-or-break level. XRP/USD Triangle + RSI – Source: TradingView Meanwhile, RSI sits at 47–50: neither overbought nor oversold, but tight enough to signal an explosive move once momentum kicks in. Historically, similar RSI flatlines near triangle apexes have preceded 10–15% moves, up or down. Whales Stay Quiet and That Might Matter One of the most telling on-chain signals is the drop in whale transaction count, both in the $100K+ and $1M+ brackets. While February and March saw spikes in high-value activity, the past 30 days show the quietest whale footprint since early January, based on Santiment data. Whale Transaction Count (>100K & >1M USD) – Source: Santiment That could mean two things: either whales are accumulating off-exchange in stealth, or they’re avoiding fresh positions entirely until a breakout confirms. Either way, a move above $2.48 without whale support could lack volume depth and be prone to rejection, limiting upside on any near-term XRP price prediction.…
Filed under: News - @ June 30, 2025 11:27 pm