XRP price shows signs of upward movement, overcoming key resistance levels. Current market analysis indicates potential for further growth.
Current Signs of Bullish Momentum in XRP
XRP price closed at $2.34 with a gain of 2.43%. The Relative Strength Index (RSI) rose to 63.55, indicating strong buying pressure. The breakout from the resistance zone at $2.20–$2.25 may establish a new support level in this range.
Heikin Ashi Candle Analysis
Heikin Ashi candles provide clarity on the current trend. The last candles show small lower wicks and strong upward bodies, indicating steady bullish sentiment. There is a series of higher lows and higher closes, characteristic of a bullish structure.
How High Can XRP Price Go in July 2025?
If XRP price clears the immediate resistance, the next level to watch could be around $2.60. The projected target could reach $3.05 with continued momentum. A healthy pullback to the support level at $2.25 could help maintain the bullish trend and attract new buyers.
The current technical indicators for XRP suggest an optimistic outlook. If the price remains above $2.25, XRP might test the levels of $2.60–$2.80 in the upcoming weeks. It is important to monitor for confirmation of the breakout on increased volume for subsequent upward movement.
