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XRP (XRP) Price Prediction for July 25


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

After a parabolic rally toward $3.66 earlier this week, XRP price today is trading near $3.14, down over 10% from recent highs. The move marks a volatile turnaround following a clean breakout from compression patterns and previous range resistance. However, the sharp rejection near the $3.60 to $3.66 zone raises questions about the sustainability of this breakout, especially as buyers look to defend the $3.00 psychological support.

What’s Happening With XRP’s Price?

XRP price dynamics (Source: TradingView)

The daily structure shows XRP completing a full breakout from its long-standing range and then hitting supply around $3.66, a level marked by historical volume clusters and prior swing failures. This zone coincides with the top of a major red value area on the volume profile chart where aggressive profit-taking occurred.

Following this, XRP retraced into the $3.10 to $3.15 zone, now sitting just above a key support band at $2.97. If this area fails, the next downside magnet sits near $2.34 where previous range resistance has now flipped into a support cluster.

XRP price dynamics (Source: TradingView)

On the 4-hour chart, Bollinger Bands are starting…

The post XRP (XRP) Price Prediction for July 25 appeared first on Coin Edition.

Read the article at CoinEdition

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XRP (XRP) Price Prediction for July 25


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

After a parabolic rally toward $3.66 earlier this week, XRP price today is trading near $3.14, down over 10% from recent highs. The move marks a volatile turnaround following a clean breakout from compression patterns and previous range resistance. However, the sharp rejection near the $3.60 to $3.66 zone raises questions about the sustainability of this breakout, especially as buyers look to defend the $3.00 psychological support.

What’s Happening With XRP’s Price?

XRP price dynamics (Source: TradingView)

The daily structure shows XRP completing a full breakout from its long-standing range and then hitting supply around $3.66, a level marked by historical volume clusters and prior swing failures. This zone coincides with the top of a major red value area on the volume profile chart where aggressive profit-taking occurred.

Following this, XRP retraced into the $3.10 to $3.15 zone, now sitting just above a key support band at $2.97. If this area fails, the next downside magnet sits near $2.34 where previous range resistance has now flipped into a support cluster.

XRP price dynamics (Source: TradingView)

On the 4-hour chart, Bollinger Bands are starting…

The post XRP (XRP) Price Prediction for July 25 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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