After a powerful breakout from the $2.40 consolidation zone, XRP price today is hovering near $3.45, holding strong gains from last week’s rally. The move came with surging momentum, driving price above multiple resistance zones in a steep vertical climb. Traders are now watching to see whether the asset can maintain altitude or if a short-term correction is forming below key resistance at $3.62.
What’s Happening With XRP’s Price?
On the daily chart, XRP price surged past $2.85 and $3.00 which are two historical resistance zones and entered the $3.45–$3.62 supply region that triggered previous selloffs in February 2025. Price action has since formed upper wicks near $3.62, hinting at short-term hesitation from bulls. Despite this, the structure remains bullish above the $3.18 support level marked by the 4-hour Supertrend line.
Bollinger Bands on the daily are wide open, with price currently hugging the upper band at $3.61. This suggests that volatility is still elevated but may be peaking unless a continuation move emerges. EMA alignment (20/50/100/200) is bullish with all dynamic averages stacked below price, and EMA 20 now acting as first-line support at $2.84.
A symmetrical triangle is forming on the 30-minute chart, compressing between $3.40 and $3.62. This consolidation hints at a possible breakout continuation, with support from RSI and MACD remaining mildly bullish. RSI has climbed back to 60, while MACD shows a shallow bullish crossover, indicating underlying momentum is stabilizing after a cooling phase.
Why Is The XRP Price Going Up Today?
The explosive rally in XRP price was driven by a clean structural shift in Smart Money Concepts (CHoCH and BOS confirmations) on the daily chart. Once XRP cleared the $2.20–$2.40 resistance range, large volume inflows followed, sending price directly into the $3.60s. The breakout invalidated multiple supply zones and re-established bullish control on higher timeframes.
Open interest has continued to rise : up 3.14% to $10.88 billion — even as volume dipped slightly in the past 24 hours. The long/short ratio on Binance sits above 2.08, and among top traders, it’s closer to 2.97, showing strong confidence from leveraged longs. Despite the 50% drop in derivatives volume, bullish bias remains dominant, especially with options open interest up nearly 9%.
Parabolic SAR dots on the daily remain well below price, confirming sustained trend strength. Meanwhile, the Directional Movement Index (DMI) shows a wide gap between the +DI and -DI lines, with ADX sitting near 48, signaling a strong trend environment with buyers still in charge.
XRP Price Prediction: Short-Term Outlook (24H)
If XRP price today breaks above the $3.62 triangle resistance with strong volume, the next targets are $3.75 followed by $3.82. A clean daily close above this level could initiate another leg higher toward $4.00.
On the downside, failure to hold $3.38 support may send XRP into a retest of $3.18, where the Supertrend and prior breakout structure converge. Below that, key EMAs near $2.84 and $2.69 could provide deeper support.
With derivatives positioning still long-biased, compression patterns tightening, and no clear reversal signals yet, XRP remains tilted slightly bullish heading into July 21. However, a volatility event appears imminent as price trades into the apex of consolidation.
XRP Price Forecast Table: July 21, 2025
Indicator/Zone | Level / Signal |
XRP price today | $3.45 |
Resistance 1 | $3.62 |
Resistance 2 | $3.82 |
Support 1 | $3.38 |
Support 2 | $3.18 |
EMA 20 (Daily) | $2.84 |
Supertrend (4H) | Bullish, support at $3.18 |
RSI (30-min) | 60.3 (moderately bullish) |
MACD (30-min) | Bullish crossover holding |
DMI/ADX | ADX 48.6, +DI leads (strong trend) |
Bollinger Bands (Daily) | Expanded, price at upper band |
Derivatives Open Interest | $10.88B (+3.14%), long-heavy |
Long/Short Ratio (Binance Top) | 2.97 (strong bullish positioning) |
Smart Money CHoCH / BOS | Confirmed break, bullish structure |
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