{"id":40412,"date":"2025-07-05T09:26:09","date_gmt":"2025-07-05T09:26:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/40412\/"},"modified":"2025-07-05T09:26:09","modified_gmt":"2025-07-05T09:26:09","slug":"decoding-xrp-resistance-levels-can-the-2-3-hurdle-be-cleared","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/40412\/","title":{"rendered":"Decoding XRP resistance levels &#8211; Can the $2.3 hurdle be cleared?"},"content":{"rendered":"<p>\u00a0<\/p>\n<ul>\n<li>XRP saw high outflows from exchanges, a bullish sign contrasted by falling network activity and retail interest<\/li>\n<li>The increased demand for XRP over the past week and a momentum shift were early signs of bullishness<\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/predictions\/ripple-price-prediction\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\">Ripple [XRP]<\/a> bulls tried, and failed, to breach the $2.3 resistance zone on the 3rd of July. Technical analysis showed that this level was close to the mid-range resistance level at $2.27.<\/p>\n<p>The al<a href=\"https:\/\/ambcrypto.com\/category\/altcoins-news\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\">tcoin<\/a> has traded within this range since March. Analysis of on-chain metrics <a href=\"https:\/\/ambcrypto.com\/xrp-price-prediction-bulls-can-reclaim-2-6-unless-this-happens-first\/\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\">revealed<\/a> that over 1 billion XRP tokens were moved off exchanges. It was a strong catalyst that signaled accumulation and could help drive the next rally.<\/p>\n<p>On the legal front, Ripple\u2019s woes continued, embroiled in another <a href=\"https:\/\/ambcrypto.com\/ripple-ceo-confirms-linqto-owns-4-7m-shares-but-denies-any-direct-sale\/\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\">legal crossfire<\/a> with Linqto, the Securities and Exchange Commission (SEC), and the Department of Justice (DoJ).<\/p>\n<p>This development did not help XRP\u2019s breakout chances.<\/p>\n<p><strong>XRP resistance levels are overhead, but will they be overcome?<\/strong><br \/>\n<a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/XRP-Weekly.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-508262\" class=\"size-full wp-image-508262\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP 1-week Chart\" width=\"2560\" height=\"1359\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/XRP-Weekly.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-508262\" class=\"wp-caption-text\">Source: XRP\/USDT on TradingView<\/p>\n<p>The weekly chart showed that XRP\u2019s overall swing structure remains bullish. Following a strong rally in November, the asset established a higher low at $1.61.<\/p>\n<p>However, the internal market structure has turned bearish. The $2.60 resistance zone has consistently rejected bullish attempts since March.<\/p>\n<p>Another key observation is the steady decline in trading volume since February.\u00a0<\/p>\n<p>The 20-week moving average of volume has been trending downward, signaling that XRP is currently in a consolidation phase on the higher timeframe.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/XRP-1-day-Chart.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-508263\" class=\"size-full wp-image-508263\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP 1-day Chart\" width=\"2560\" height=\"1359\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/XRP-1-day-Chart.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-508263\" class=\"wp-caption-text\">Source: XRP\/USDT on TradingView<\/p>\n<p>The daily chart highlights the significance of the $2.27\u2013$2.32 supply zone, which has served as a major resistance level throughout June. So far, the bulls have struggled to break above this level.<\/p>\n<p>At the time of writing, the On-Balance Volume (OBV) trended downward during June, signaling weakening demand. However, demand has picked up slightly over the past week.<\/p>\n<p>Meanwhile, the Relative Strength Index (RSI) climbed above the neutral 50 mark, suggesting that bullish momentum is starting to build.<\/p>\n<p>From a technical standpoint, swing traders may consider going long if XRP successfully retests $2.32 as support.<\/p>\n<p>Despite improving price action, a decline in <a href=\"https:\/\/ambcrypto.com\/ripples-900-mln-xrp-shuffle-sparks-chatter-is-a-liquidation-event-looming\/\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\">transaction activity<\/a>\u00a0points to fading interest from retail investors.\u00a0<\/p>\n<p>The Network Value to Transactions (NVT) ratio also indicates low on-chain activity, reinforcing concerns about weak network usage.<\/p>\n<p>Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer\u2019s opinion<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/pengu-rallies-68-in-a-week-mapping-its-road-to-0-018-and-beyond\/\" rel=\"prev nofollow noopener\" data-wpel-link=\"internal\" target=\"_blank\">PENGU rallies 68% in a week! \u2013 Mapping its road to $0.018 and beyond<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"\u00a0 XRP saw high outflows from exchanges, a bullish sign contrasted by falling network activity and retail interest&hellip;\n","protected":false},"author":3,"featured_media":40413,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3244,64,67,132,68],"class_list":{"0":"post-40412","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114799914874368406","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/40412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=40412"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/40412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/40413"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=40412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=40412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=40412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}