If you thought your last apartment lease was a rollercoaster, wait until you see what XRP’s been up to lately. Having bravely clawed its way up from the $2.20 “where dreams go to die” zone, the price is showing positive signs—possibly prepping for an Olympic attempt at the $2.285 resistance. 🏋️♂️📈
- XRP price has begun a fresh bid for relevance above $2.2320, which is almost as dramatic as my relationship with dairy products.
- Now trading above $2.2320 and the 100-hourly Simple Moving Average, because apparently that’s a thing we care about.
- There’s a “contracting triangle” forming near $2.280 on the hourly chart, which I can only assume is less scary than it sounds. (Data from Kraken, which isn’t a sea monster, I checked.)
- Should our plucky little token hop over the $2.280 hurdle, things could really get interesting—well, as interesting as price charts can be.
XRP Faces Its Resistance (And Honestly, Who Doesn’t?)
Much like me standing up from a beanbag chair, XRP managed to rise after finally making peace with the $2.220 level. Just like Bitcoin and Ethereum before it—because copying is the sincerest form of flattery—it leapt above the $2.2320 resistance and briefly fancied itself unstoppable.
The bulls strutted their stuff, getting it above $2.250. As if that wasn’t enough, it went right past the 61.8% Fib retracement—the crypto equivalent of burning your ex’s photos. Now it lives above $2.250, hanging out with the 100-hourly SMA like that friend who never leaves your couch.
If you scan the ghost-written, caffeine-fueled charts, you’ll find resistance lurking at $2.280. Yes, our “short-term contracting triangle” is still there, practically begging for therapy.
Should XRP find the courage (or just enough retail investors) to leap the $2.285 hurdle—the 76.4% Fib retracement, for those who collect Fibonacci numbers like Beanie Babies—the next obstacles are at $2.320, $2.350, and, if the wind is right, maybe even $2.420. The $2.50 resistance looms on the horizon, much like the “check engine” light on my dashboard.
An Encore Dip?
Should XRP trip before clearing the $2.285 resistance, we could all be treated to another episode of “Down She Goes.” First stop: an “initial support” at $2.260, which is about as reassuring as an umbrella at a hurricane convention.
If it slips below $2.2320, we’re packing our bags for $2.20—with a possible scenic detour to the $2.150 zone, a place nobody visits on purpose.
If you’re collecting technical indicators like high school trophies, here’s what’s on the shelf:
- Hourly MACD – Charging full-bull ahead, for now.
- Hourly RSI – Flexing above 50, probably overcompensating for something.
- Major supports? $2.2320 and $2.20, otherwise known as panic stations.
- Major resistances? $2.2850 and $2.320, the Everest and K2 of tonight’s crypto weather report.
Will XRP smash through resistance and make us all rich, or will it flop harder than my last Tinder date? Tune in next hour for another episode of “Cryptocurrency Prices: Like Real Feelings, But Volatile.”
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2025-07-07 07:25