The XRP price is facing a cool-down after a decent run last week, dropping around 3% on the day to trade at $2.87 at press time. The drop comes after price got rejected near the $3.00 psychological barrier on July 14 – an area that now stands as the key short-term resistance. Despite the pullback, the broader trend remains bullish, and price action still respects the higher-timeframe uptrend.
With XRP still well above its 200-day moving average and holding above recent breakout levels, today’s move looks like a typical consolidation following an overheated rally.
What you'll learn 👉
📌 What We Got Right Yesterday
In the previous outlook, we noted that $3.00 was a major resistance level, and a rejection from that area could trigger a healthy cooldown. That scenario played out cleanly, with XRP failing to hold above $3.00 and quickly retreating toward $2.85.
We also mentioned that the RSI was extended, indicating a pause or minor correction could be on the horizon. Both the rejection and the momentum fade have now unfolded.
📊 Current XRP Market Snapshot
- Current Price: $2.87
- 24H Change: -3.00%
- 200-Day Moving Average: $2.37
- 4H RSI: 67.87 – just below overbought territory
- MACD: +0.171 – still bullish, but momentum flattening
- ATR: 0.144 – volatility remains elevated
- ROC: +32.00 – positive momentum remains
- Ultimate Oscillator: 57.56 – still favoring the bulls
- Bull/Bear Power: +0.589 – bulls still in control
🔍 XRP Price Structure & Trend
The 4-hour chart shows a steep uptrend that started gaining speed around July 9, with XRP breaking above $2.50 and accelerating past $2.80 and eventually testing $3.06. That rally followed a strong bullish breakout above key structural levels and was backed by volume.
Currently, the price is consolidating just below resistance and hasn’t invalidated the uptrend. The 200-day moving average at $2.37 remains well below price, and the structure of higher highs and higher lows is still intact. As long as XRP holds above $2.61–$2.75, the broader trend remains bullish.
That said, the failed breakout above $3.00 could open the door for more short-term consolidation. The market is showing signs of cooling momentum, with MACD starting to flatten, and RSI declining, but not yet diverging.
🔑 Key XRP Price Levels
Resistance
- $2.95 – intraday barrier
- $3.00 – key psychological resistance
- $3.12 – July swing high
Support
- $2.75 – minor support from previous candle bodies
- $2.61 – base of the last consolidation
- $2.35 – 200-day moving average
Read also: XRP Just Saw Its First-Ever $1B+ Net Inflow in a Single Hour – And Korea Might Be the Reason Why
📅 XRP Short-Term Prediction – July 15
With the price now testing support just under $2.90, the day could go one of two ways depending on broader market sentiment and buyer reaction at key zones.
- Neutral Scenario: XRP trades between $2.75 and $2.90 in a consolidation phase before the next move.
- Bullish Case: Buyers step in above $2.85, reclaim $2.95, and mount another push toward the $3.00 resistance.
- Bearish Case: Failure to hold $2.75 could open up a deeper pullback to $2.61 or even retest the breakout base at $2.35 if Bitcoin pulls back sharply.
XRP remains in a bullish structure, but the rejection at $3.00 has introduced a pause in momentum. The market is digesting gains, and indicators like RSI and MACD suggest a period of sideways movement or mild retracement.
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