Is XRP preparing for a price explosion💣?
As activity in the cryptocurrency market increases, XRP is showing a noticeable rise that prompts many to question:
Are we facing a new upward wave, or just a temporary bubble?
Below is the **updated technical analysis for Friday, July 11, 2025:
Current price: $2.79 after a clear breakout of a strong resistance level at **$2.50, which gives a positive signal for the continuation of the upward trend in the short term.
Current technical levels:
* Nearest support: $2.50
* Next resistance: $3.00 – $3.20
* RSI Indicator: In the momentum area without entering the saturation phase
* MACD Indicator: Reflects a positive crossover supporting the continuation of the bullish trend
Closest scenario:
If the price remains stable above $2.60, we may witness an attempt to break the $3.00 barrier in the coming hours or days.
However, if momentum is lost, we might see a slight correction towards $2.40 before continuing the upward path.
Advice for traders:
Make sure to monitor trading volume and do not neglect risk management no matter how positive the indicators are.
In your opinion, is
$XRP on its way to breaking $3.5? Or is it time for a correction?
