XRP price reclaims $2.25 as bulls regain control after wedge breakout
XRP reclaims $2.25 support as breakout above wedge structure opens upside toward $2.47
XRP has mounted a sharp recovery, rallying past the $2.25 mark and testing the supply zone near $2.30, following a decisive breakout from a multi-week falling wedge pattern. This structure had capped price action since early June, but its breach has now opened the door for renewed bullish momentum.
Key highlights
- XRP surges above $2.25, reclaiming key breakout levels and targeting the $2.33–$2.35 supply zone
- Momentum indicators confirm trend shift, with DMI, RSI, and CMF signaling strong bullish intent
- Macro confluence aligns with short-term structure; upside path opens toward $2.47 if $2.29 holds
The rally also aligns with XRP reclaiming the daily breaker block between $2.26 and $2.30—an area that previously acted as heavy supply during earlier selloffs.
XRP price dynamics (Source: TradingView)
The visible range volume profile shows $2.25–$2.26 as a former low-volume node, which XRP has now cleared. Market participants are closely watching $2.33–$2.35, which coincides with a prior high-volume zone and historical rejection area. If bulls secure a close above $2.29, analysts see room for a move toward the $2.47–$2.50 cluster. The broader daily structure has flipped bullish, with the breakout above trendline resistance and a decisive reclaim of the 0.382 Fibonacci retracement level near $2.28.
Momentum and EMA structure support further upside
Technical momentum is firmly supportive. The Directional Movement Index (DMI) shows clear bullish divergence, with ADX rising and +DI crossing decisively above -DI. The Chaikin Money Flow (CMF) has flipped strongly positive, and RSI on the 30-minute chart remains above 70—typically a continuation signal in trending environments. The 4-hour chart reveals XRP is holding above its 20/50/100 EMAs and is now retesting the 200 EMA as dynamic support.
Bollinger Bands and Keltner Channels are expanding on multiple timeframes, indicating an exit from compression and likely trend continuation. Smart Money Concepts (SMC) charts also show XRP printing a confirmed Break of Structure (BOS) and Change of Character (ChOCH) from the $2.06–$2.10 accumulation zone, now acting as the cycle low. This positions the token to challenge liquidity above $2.34 and potentially toward $2.47, should volume confirm follow-through.
Our previous discussions highlighted that XRP had been compressing below the $2.20 resistance, but was building higher lows into key trendline resistance. The current breakout confirms that bullish structure has reasserted itself and aligns with our earlier bullish continuation thesis above $2.20.
