On July 3, 2025, XRP encountered resistance at 2.3 USD, near the 2.27 USD mid-range resistance. Since March, the price has remained within this range, emphasizing the struggle among bulls to breach these hurdles.
Despite high outflows from exchanges indicating bullish sentiment, XRP’s trading volume has seen a decline since February, suggesting a period of consolidation. The Relative Strength Index indicates an improving momentum, but fading retail interest poses a concern.
Traders are encouraged to look for long positions if XRP can successfully retest 2.32 USD as support. The current market structure indicates bullish potential; however, external legal issues may affect the asset’s breakout opportunities.
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