XRP (XRP) Price Prediction for July 22
After an aggressive rally that pushed XRP price from under $2.10 to over $3.66 earlier this month, price action has entered a tightening consolidation structure. Currently, XRP price today sits at $3.50, coiling inside a symmetrical triangle and facing immediate resistance at $3.55. With compression at its peak and volatility building, traders are eyeing a decisive breakout or breakdown in the coming sessions.
What’s Happening With XRP’s Price?
On the hourly timeframe, XRP price action is locked inside a clean symmetrical triangle structure. The upper boundary is marked near $3.55, while the lower support trendline sits around $3.40. The recent consolidation has respected this range tightly, suggesting a volatility expansion is imminent. A breakout above $3.55 could confirm a bullish continuation toward the $3.66 swing high or higher.
From a broader view, the daily chart shows XRP has cleared major resistance at $2.60 and $2.33 in the past two weeks, triggering a structural reversal. Volume profile analysis also confirms that price has shifted into a low-volume node between…
The post XRP (XRP) Price Prediction for July 22 appeared first on Coin Edition.
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XRP (XRP) Price Prediction for July 22
After an aggressive rally that pushed XRP price from under $2.10 to over $3.66 earlier this month, price action has entered a tightening consolidation structure. Currently, XRP price today sits at $3.50, coiling inside a symmetrical triangle and facing immediate resistance at $3.55. With compression at its peak and volatility building, traders are eyeing a decisive breakout or breakdown in the coming sessions.
What’s Happening With XRP’s Price?
On the hourly timeframe, XRP price action is locked inside a clean symmetrical triangle structure. The upper boundary is marked near $3.55, while the lower support trendline sits around $3.40. The recent consolidation has respected this range tightly, suggesting a volatility expansion is imminent. A breakout above $3.55 could confirm a bullish continuation toward the $3.66 swing high or higher.
From a broader view, the daily chart shows XRP has cleared major resistance at $2.60 and $2.33 in the past two weeks, triggering a structural reversal. Volume profile analysis also confirms that price has shifted into a low-volume node between…
The post XRP (XRP) Price Prediction for July 22 appeared first on Coin Edition.
Read More
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