XRP Price Today: XRP Breaks Above $3.00 as Bulls Extend Symmetrical Triangle Rally

The XRP price today is trading near $3.16, following an explosive continuation from the $2.60 breakout zone earlier this month. The move confirms a bullish resolution from a year-long symmetrical triangle, with the price now pushing into thin liquidity regions last seen in late 2024. With multiple volume and momentum indicators aligning, XRP appears poised to test higher resistance levels, though short-term exhaustion risks remain elevated.

What’s Happening With XRP’s Price?

XRPUSD price dynamics (Source: TradingView)

XRP has broken cleanly out of a long-standing symmetrical triangle visible on the weekly chart, reclaiming the 0.236 Fibonacci level at $2.71 and slicing through overhead consolidation bands. Price is now approaching the previous swing high of $3.40, with little structural resistance in between. Weekly candle body closes above the triangle confirm a macro bullish breakout.

XRPUSD price dynamics (Source: TradingView)

The 1D Chande Momentum Oscillator reads an elevated 91.3, reflecting strong buyer strength. Meanwhile, XRP remains well above the Bull Market Support Band, which now sits between $2.25 and $2.27. This confirms that the broader market context remains supportive for trend continuation as long as price holds above prior breakout zones.

XRPUSD price dynamics (Source: TradingView)

Volume Profile shows a clear low-volume node between $2.95 and $3.35, suggesting that price could move rapidly through this region if momentum persists.

Why Is XRP Price Going Up Today?

XRPUSD price dynamics (Source: TradingView)

Why XRP price going up today can be attributed to a confluence of technical breakouts, volume expansion, and strong derivatives positioning. On the 4-hour chart, XRP broke above a rising wedge structure, invalidating bearish divergence and confirming continuation toward the upper resistance zone at $3.40. The On-Balance Volume (OBV) also continues to rise, now above 3.16B which is a sign of aggressive inflow during this breakout.

Momentum indicators further support this move. The Money Flow Index (MFI) on the 4-hour chart is at 79.55, nearing overbought levels but not yet signaling reversal.

XRPUSD price dynamics (Source: TradingView)

Meanwhile, the Ichimoku Cloud on the 30-minute chart shows price clearly above the cloud with strong bullish separation. Leading span A and B are widening, reinforcing the bullish outlook. The breakout is undeniably strong, but indicators are beginning to flash early caution. RSI (30-min), readings are pinned near 70, indicating overbought conditions that may trigger intraday pullbacks.

XRP Derivative Analysis (Source: Coinglass)

Derivatives sentiment remains heavily long-biased. According to Coinglass, XRP volume is up +35.41% to $20.92B, while futures open interest rose by 14.13% to $9.22B. The Binance top trader long/short ratio stands at an aggressive 3.27, showing dominant long positioning. However, this also increases liquidation risk if momentum stalls near $3.40.

Volume has increased sharply, but options volume has dropped 39.51%, suggesting traders may be reducing hedges and going outright directional which is a signal of euphoria that often precedes sharp volatility.

XRP Price Prediction: Short-Term Outlook (24h)

XRPUSD price dynamics (Source: TradingView)

XRP price today looks set to challenge the $3.40 resistance in the next session. A close above that level could open the path to $3.60 and eventually $3.88 – the December 2024 high. However, if XRP fails to maintain above $3.00 or shows weakness on high timeframes, a pullback to the $2.85–$2.90 support band becomes likely.

Key structural support lies at $2.71 (Fib 0.236) and then at $2.58, both areas of past consolidation and volume confluence. Short-term traders should watch the $3.15–$3.20 region for potential profit-taking and observe volume confirmation around $3.40 for a bullish breakout continuation.

XRP Price Forecast Table: July 18, 2025

Indicator/Zone Level / Signal XRP price today $3.16 Resistance 1 $3.40 Resistance 2 $3.60 / $3.88 Support 1 $3.00 / $2.85 Support 2 $2.71 (Fib 0.236) Symmetrical Triangle (1W) Confirmed breakout above $2.70 Volume Profile Gap $2.95–$3.35 (thin liquidity) OBV (4H) 3.16B (rising) MFI (4H) 79.55 (high but not reversing yet) Ichimoku Cloud (30-min) Bullish, strong separation Stoch RSI (30-min) Near 100 (overbought) Derivatives Volume +35.41% to $20.92B Futures Open Interest $9.22B (+14.13%) Long/Short Ratio (Binance) 1.81 (accounts) / 3.27 (top traders)

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