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XRP (XRP) Price Prediction for July 4


by Parshwa Turakhiya
for CoinEdition
XRP-Price-Prediction-Analysis

After multiple rebounds off the $2.05–$2.10 demand zone, the XRP price today is attempting a bullish breakout near $2.29, challenging a key descending resistance line that has capped rallies since March. A successful breakout above $2.30 could shift the broader structure, but bears are still defending this zone firmly.

What’s Happening With XRP’s Price?

XRP price dynamics (Source: TradingView)

The daily chart shows XRP locked inside a large descending triangle since the April peak near $3.10. Despite this macro structure, price has steadily formed higher lows since early June, building pressure just below the critical $2.30–$2.35 resistance zone.

XRP price dynamics (Source: TradingView)

On the 4-hour chart, XRP price action has broken above a short-term falling wedge, with price surging from $2.12 to a local high of $2.2965. The move was backed by a bullish engulfing candle and sharp volume increase, bringing XRP directly into horizontal resistance.

Supertrend on the 4H has flipped bullish at $2.17, and the EMA ribbon (20/50/100/200) now sits below the price, with the 20 EMA rising at $2.22. This alignment signals a potential shift in short-ter…

The post XRP (XRP) Price Prediction for July 4 appeared first on Coin Edition.

Read the article at CoinEdition

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XRP (XRP) Price Prediction for July 4


by Parshwa Turakhiya
for CoinEdition
XRP-Price-Prediction-Analysis

After multiple rebounds off the $2.05–$2.10 demand zone, the XRP price today is attempting a bullish breakout near $2.29, challenging a key descending resistance line that has capped rallies since March. A successful breakout above $2.30 could shift the broader structure, but bears are still defending this zone firmly.

What’s Happening With XRP’s Price?

XRP price dynamics (Source: TradingView)

The daily chart shows XRP locked inside a large descending triangle since the April peak near $3.10. Despite this macro structure, price has steadily formed higher lows since early June, building pressure just below the critical $2.30–$2.35 resistance zone.

XRP price dynamics (Source: TradingView)

On the 4-hour chart, XRP price action has broken above a short-term falling wedge, with price surging from $2.12 to a local high of $2.2965. The move was backed by a bullish engulfing candle and sharp volume increase, bringing XRP directly into horizontal resistance.

Supertrend on the 4H has flipped bullish at $2.17, and the EMA ribbon (20/50/100/200) now sits below the price, with the 20 EMA rising at $2.22. This alignment signals a potential shift in short-ter…

The post XRP (XRP) Price Prediction for July 4 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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After briefly breaking out of a multi-week symmetrical triangle, the Bitcoin price to...
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A strong technical case is building for Bitcoin’s next major rally, as analysts have ...