XRP Price Watch: All Eyes on $2.25—Will Bulls Prevail This Time?

XRP Climbs to $2.21 on June 29, 2025

On June 29, 2025, XRP experienced a price increase, reaching $2.21, marking a 1.3% gain for the day. The cryptocurrency recorded a 24-hour trading volume of $1.32 billion and holds a market capitalization of $130.54 billion, oscillating between $2.18 and $2.22 within the day.

XRP

The 1-hour XRP/USDT chart shows a bullish short-term momentum. Following a surge to $2.22, the price slightly retraced, forming a potential bull flag—a continuation pattern often seen in trending markets. A significant volume increase was noted with a large green candle, highlighting buyer strength. With strong support around $2.175, a breakout could happen if the price closes above $2.22 coupled with increased volume. Traders are eyeing entry points around $2.208–$2.210, with upward targets between $2.218–$2.220, underpinned by tight order book clustering.

1-Hour Chart

On the 4-hour chart, XRP shows a robust mid-term recovery represented by a V-shaped rebound. Support at $2.067 has been maintained, and the asset is attempting to break above the $2.22 resistance. Volume analysis suggests higher activity associated with green candles, supporting bullish signals. A successful breakout above $2.22 could lead the price towards the $2.25–$2.28 region. If upward momentum persists, the framework favors sustained gains, especially alongside broader market positivity.

4-Hour Chart

The daily chart reveals that the broader trend has shifted from bearish to a sideways-to-bullish stance following a double-bottom near $1.908. The price is close to the $2.22–$2.25 resistance zone after establishing higher lows, bolstered by increased volume in recent bullish candles, indicating stronger sentiment and potential trend continuation. The bullish structure is also supported by Fibonacci retracement levels, with current prices hovering between the 0.236 ($2.2526) and 0.382 ($2.1867) levels. A break above 0.236 may confirm a trend reversal.

Daily Chart

Oscillator readings reflect a largely neutral sentiment, slightly leaning bullish. The relative strength index (RSI) stands at 52.34, while the Stochastic oscillator is at 63.13, indicating a balance between buying and selling pressures. The commodity channel index (CCI) at 49.64 and the average directional index (ADX) at 14.95 support a non-trending phase, while the momentum indicator shows a modest bullish signal of 0.0447. The Awesome oscillator reflects a value of −0.0164, indicating mild bearish divergence. At the same time, the moving average convergence divergence (MACD) level at −0.0180 suggests a potential bullish crossover.

Moving average (MA) indicators generally show bullish signals across short-term durations. Both exponential (EMA) and simple moving averages (SMA) for 10, 20, and 30 periods are indicating bullish territory. However, some longer-term averages display divergence: the 50-period SMA and both the 100-period EMA and SMA exhibit sell signals, while the 200-period EMA suggests buying interest. The 200-period SMA at $2.3677 remains above current price levels, implying possible overhead resistance. Bollinger Bands indicate heightened volatility as prices test the upper band, hinting at either breakout continuation or short-term pullback depending on volume behavior.

Bull Verdict:

XRP’s price movements across various timeframes exhibit strong bullish momentum, especially if it can sustain a close above $2.22 with volume. The presence of higher lows, bullish candlestick formations, and short-term buy signals from most moving averages bolster the case for a rally toward the $2.25–$2.30 resistance zone. A clear break above the 0.236 Fibonacci retracement level could spur accelerated gains.

Bear Verdict:

Regardless of short-term strength, several oscillators maintain a neutral stance, while longer-term moving averages like the 100-period and 200-period SMAs indicate caution. XRP’s position near the upper Bollinger Band is historically susceptible to short-term pullbacks. If support at $2.21 falters, or if there’s a rejection at $2.22, a retreat to $2.13 or even $2.08 could follow.

Final Take:

XRP is at a pivotal point. While bullish momentum is evident, confirmation from a decisive breakout above $2.22 with volume is necessary for sustained gains. Traders should watch volume trends closely and respect support levels at $2.21 and $2.17 to manage risk effectively. Cautious optimism is warranted, given the constructive setup, yet the broader trend relies on subsequent confirmation.