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XRP (XRP) Price Prediction for July 3


XRP (XRP) Price Prediction for July 3

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After multiple failed attempts to break above $2.35 in June, the XRP price today is trading around $2.189, caught within a tight consolidation channel just below the $2.20 zone. Despite low volatility, intraday indicators suggest bulls are gradually regaining strength after defending the critical $2.10 support level.

What’s Happening With XRP’s Price?

XRPUSD price dynamics (Source: TradingView)

Recent price action shows XRP price forming a contracting triangle structure between descending resistance near $2.25 and rising trendline support from the $2.03 pivot low. The daily chart also shows the price wedging into the apex of this structure, increasing the likelihood of a breakout.

XRPUSD price dynamics (Source: TradingView)

According to the Supertrend indicator, XRP remains under a red sell band with the trend flip zone near $2.31, making it a key upside hurdle. The Parabolic SAR, however, has flipped below price on the daily chart, suggesting short-term bullish pressure is building.

XRPUSD price dynamics (Source: TradingView)

Smart Money Concepts (SMC) highlights multiple CHoCH and BOS levels between $2.05 and $2.25. Notably, XRP reclaimed minor B…

The post XRP (XRP) Price Prediction for July 3 appeared first on Coin Edition.

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