XRP Price Fails to Stay Above $2.20: Is Support Building at Every Drop?

Jakarta, Pintu News – This discussion will review the price movement of Ripple (XRP) which recently experienced an increase but failed to maintain its position above $2.20. This analysis will help readers understand the current market dynamics and the potential future direction of the Ripple (XRP) price.

Ripple (XRP) Price Rise and the Hurdles Faced

Ripple (XRP) recently initiated an increase from the $2.050 zone, managing to break back above $2.10. However, Ripple (XRP) is facing difficulties to continue its rise above the $2.20 zone. Although it managed to cross several resistance levels such as $2,020 and $2,080, and briefly touched above $2,20, the selling pressure above the zone was quite strong. The peak was recorded at $2,215 before the price started to correct.

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Technical Analysis and Potential Price Movements

From a technical perspective, Ripple (XRP) is currently trading above $2,150 and the 100-hour simple moving average. There is also a bullish trend line forming with support at $2,080 on the hourly chart of the XRP/USD pair. However, if Ripple (XRP) fails to break the resistance at $2.20, there is a possibility that the price will drop again. The next major support lies at $2,150, and if the price breaks below this, the next support will be $2,080.

Future Projections and Barriers

If Ripple (XRP) manages to break above $2,250, it could open up opportunities towards the next resistance at $2,320. A further rise might lead the price towards $2,350 or even $2,420 in the short term. However, if there is a further drop and the price closes below $2,080, it could trigger a deeper drop towards $2,020 or even $1,950.

Conclusion

Taking into account the current dynamics and technical analysis, investors and traders should pay attention to both resistance and support levels. The future price movement of Ripple (XRP) will be heavily influenced by the market’s ability to absorb sales at high price levels and the market’s reaction to any dips.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. XRP Price Fails to Hold $2.20. Accessed on June 26, 2025
• Featured Image: CoinMarketCap