XRP Price Eyes Major Move: Will It Rally Or Crash To $1.2?
The post XRP Price Eyes Major Move: Will It Rally Or Crash To $1.2? appeared on BitcoinEthereumNews.com.
XRP price recorded 3.7% increase today as the broader crypto market was in the green today. XRP has maintained above the $2.20 level, indicating that the bulls are keeping the brief support. Amid this, a popular crypto market expert has shared a crucial resistance for the Ripple coin, that the asset must breach to continue its rally ahead. On the flip side, another market analyst has warned of a significant crash in the asset’s value if it loses a key support ahead. XRP Price Slips But Holds the $2.2 Support The global crypto market cap climbed around 1.18% to $3.36 trillion, and the overall trading volume increased by over 5% to $73.96 billion. Notably, the ongoing volatility has spooked the market participants over a waning interest in the digital assets. Notably, BTC price gained by 0.32% today to $108k, while the altcoins also recorded a slump. The top altcoin Ethereum price rose by over 2% to $2,551 during writing. Amid this, XRP price also recorded a rise of over 2% and exchanged hands at $2.26. Simultaneously, its one-day trading volume rose more than 91% to $2.28 billion, indicating a drastic rise in trading activity in the market. Meanwhile, Ripple coin has hovered between a 24-hour high and low of $2.21 and $2.26. Notably, the token’s Futures Open Interest also fell more than 2.4%, indicating the cautious stance of the traders in the asset. However, XRP’s Relative Strength Index or RSI stayed at 52, indicating the asset is currently at a neutral state. XRP Price Chart | Source: TradingView In other words, the technical indicator suggests that the crypto is neither in a bullish nor a bearish state for now. What Lies Ahead for Ripple Coin? Amid the ongoing volatile scenario in the XRP price, top analysts have shared key insights…
Filed under: News - @ July 6, 2025 11:11 pm