XRP Price Flashes ‘Continuation Signals’ as Bulls Eye Further Gains to $3
The post XRP Price Flashes ‘Continuation Signals’ as Bulls Eye Further Gains to $3 appeared on BitcoinEthereumNews.com.
Key takeaways: XRP price needs to break above the $2.20-$2.30 range and 200-day SMA at $2.36 to clear a path to $3. XRP/BTC breaks multimonth downtrend as RSI shows a bullish divergence. XRP (XRP) price remained unchanged on Tuesday, down 0.1% over the last 24 hours to trade at $2.26. Analysts highlighted the key resistance levels that must be broken on the path toward $3. XRP must reclaim the 200-day SMA XRP must close above the $2.20-$2.30 range on the daily chart. The 50-day simple moving average (SMA) is at $2.22, and the 100-day SMA is at $2.20. After that, bulls are required to overcome the resistance at $2.36, the 200-day SMA, to target higher highs above $3. Related: The XRP signal that preceded 25% average drops in 2025 flashes again Historically, flipping the 200-day SMA into support has always preceded a massive rally in XRP price. For example, the last time the XRP/USD pair crossed above the 200-day SMA in November 2024 was followed by a 430% rally in price to a multiyear high of $2.90 reached on Dec. 3, 2024. XRP/USD daily chart. Source: Cointelegraph/TradingView The “momentum is building, and XRP’s breakout is close!” said crypto analyst CasiTrades in a Monday post on X. According to the analyst, multiple higher lows, followed by a reclaimation of the $2.25 support were “classic bullish continuation signals.” CasiTrades said this level was where the apex of the multimonth trendline and the 50-day and $100-day SMAs appeared to converge. “We’re now sitting just below $2.30, our local resistance. Once this level breaks, the next likely targets are $2.69 and $3.04.” XRP/USD hourly chart. Source: CasiTrades Making similar observations, pseudonymous analyst Dom said that the price was trading above a key “breakout zone,” above $2.25, the convergence of all major VWAPs, or Volume…
Filed under: News - @ July 8, 2025 3:28 pm