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📅 July 3, 7:00 – July 9,
XRP Breaks Important Resistance — Is a Strong Price Rise Forming?
XRP has continued its bullish trend from the bottom of $1.920 and is currently trading back above the threshold of $2.10. However, the market is closely following the strong resistance zones near $2.18 and $2.20 — levels that could determine whether XRP will enter a new bullish cycle. 🚀 Strong Bullish Signal The XRP price has crossed the $2,050 level, confirming the recovery trend. On the hourly frame, the XRP/USD pair has broken the downtrend line with resistance at $2.00.The price is currently stabilizing above $2.10 and the 100-hour simple moving average (SMA 100).The nearest peak is set at $2,170, and XRP is holding above the 23.6% Fibonacci retracement of the rally from $1,910 to $2,170. 🧱 Key Resistance Levels to Follow $2,165 is the nearest resistance level right in front of us.$2,180 is the first major barrier. If XRP closes the candle above this level, the upside momentum could be triggered strongly.$2.20 will be the next challenge. A clear breakout of this zone could take the price to $2,250, even $2,300 - $2,320 in the coming sessions. In case the uptrend is maintained for the long term, $2.50 could be the next target of the bulls. ⚠️ Short-Term Adjustment Risk However, if XRP cannot break through the $2.180 threshold in the short term, a price correction may occur: The first support is located at the $2,088 zone. The key support zone is $2,050 — coinciding with the 50% Fibonacci retracement from the $1,910 ➝ $2,170 rally. If $2,050 is broken, the price could fall to $2.00, and further to $1,920 — the extremely important support zone that held earlier. 📊 Technical Analysis The MACD on the chart is now still in the bullish zone, but is gradually weakening, warning of a possible correction. The RSI (Chỉ Đối) Strength above 50, indicating that the upward momentum is still maintained, however further observation is needed to confirm the next direction. ✅ Summary XRP is in a decisive phase. If the buyers can maintain pressure and push the price above the $2.20 mark, the market could witness a strong bullish surge next. Conversely, failure at this zone will open up the possibility of a correction to a deeper support zone. Investment Warning: The cryptocurrency market is highly volatile. Always set stop-loss orders and manage your capital carefully.