XRP news: Price capped below $2.30 as triangle pattern limits breakout momentum
XRP consolidates below $2.30 resistance as triangle pattern keeps bulls in check
XRP is trading near $2.23 as of July 4, 2025, after failing to sustain a push above the $2.30–$2.31 resistance band. Price action remains constrained within a descending triangle pattern, with lower highs and a firm base near the $2 zone. Despite brief bullish attempts, XRP has struggled to generate the momentum needed to break above overhead supply levels.
Highlights
- XRP trades near $2.23 after rejecting from $2.30–$2.31 resistance
- Supertrend and SAR indicators signal continued bearish pressure below $2.32
- Support cluster at $2.20–$2.22 holds, but triangle base near $2 remains key
Price compression continues under descending trendline
XRP remains locked in a multi-month descending triangle, with price repeatedly capped near $2.31. The daily Supertrend level reinforces resistance at this zone, and Parabolic SAR dots continue to print above price, confirming prevailing short-term bearish bias. Without a close above $2.32, bullish efforts are likely to be contained.
XRP price dynamics (Source: TradingView)
Volume remains muted, and the Directional Movement Index reflects a lack of trend strength. With ADX hovering below 20, neither side has asserted dominance, and the structure suggests continued consolidation unless a breakout occurs.
Short-term indicators offer mixed signals
On the 4-hour chart, XRP is clinging to the 20 and 50 EMA cluster around $2.22–$2.20. A breakdown below this area could expose the token to deeper losses toward $2.15 or even the base of the triangle at $2.00. Meanwhile, the 200 EMA above at $2.25 continues to act as a ceiling.
Intraday indicators on the 30-minute chart are stabilizing. RSI has bounced from sub-40 levels, hinting at a pause in selling, while the MACD, though still bearish, is flattening. Resistance at $2.27 and $2.30 remains the immediate hurdle for any rebound attempt.
In our earlier July 3 analysis, XRP was consolidating near $2.273 with bullish alignment across major EMAs. We noted that price remained structurally supported above $2.18–$2.22 but faced rejection near the Bollinger Band high. That rejection has since been confirmed, and the broader triangle pattern continues to define XRP’s short-term bias heading into the weekend.
