Can XRP Rise by 15% in July? The Chart Shows That It Can.

Ripple's XRP has been consolidated within a narrow range, and traders are closely following signs of a decisive move. Let's conduct a chart analysis, evaluate the technical indicators, and predict whether the price of XRP can rise higher in the coming weeks. XRP Price Prediction: What does the current XRP chart show?

The daily chart for XRP/USD shows the price fluctuating around $2.19, with the Heikin Ashi candles indicating mixed sentiment but with a slight bullish undertone. Over the past month, the price of XRP has maintained a narrow horizontal channel between $2.10 and $2.25. This sideways volatility indicates an accumulation phase, often seen before a breakout. When considering the pivot levels, we see the Fibonacci retracement zones are clearly mapped out: Pivot Point (PP): $2.23S1: 2.00 dollarsS2: 1.80 dollarsS3: 1.60 dollars Currently, the price of XRP is trading just below the main resistance level of $2.23. If it breaks and closes above this level, the next target will be the 0.382 retracement level of $2.38 and the 0.5 retracement level of $2.50. A simple calculation: If the price of XRP surpasses $2.23 and rises to $2.50, that is a 12% increase from the current level. Downside risks seem to be limited to the support level S1 at around $2.00, approximately 9% lower, creating a risk-reward ratio of about 1.33, slightly favorable to the buyers. What does the RSI indicator reveal? The relative strength index (RSI) is near 51.28, which is a neutral zone. It is neither overbought nor oversold, giving XRP enough room to rise if new buying volume increases. The RSI has bounced back from the range of 44–45 twice in June, indicating that buyers at lower prices are still active around these levels. If the RSI rises above 60, expect stronger momentum and aim for the next resistance level. What could the short-term scenario be? With the consolidation near the pivot point, the RSI is neutral and higher lows have been consistently forming since the drop in June, the price of XRP seems ready to test its upper boundary: Immediate resistance level: $2.23–$2.25Breakout target: the range of $2.38–$2.50Failure point: The support level of 2.00 dollars must be maintained to avoid dropping to 1.80 dollars. Traders may look for a daily close above $2.25 with increasing volume as a confirmation for the bullish breakout. If the volume remains weak, XRP may still be range-bound until early July. XRP price prediction for the end of July Based on the technical setup, XRP price seems to be slightly increasing. If the upward momentum builds, a move up to $2.38–$2.50 in the coming weeks is realistic, implying a gain of 12–15% from the current price. However, pay attention to the support level at $2.00 — a decisive close below this level could change sentiment and pull XRP down to $1.80. Should you buy XRP right now? For short-term traders, this setup supports cautious optimism. A breakout above $2.25 could justify a new long position, with a stop-loss near $2.00 to manage downside risk. Long-term investors should follow the broader market sentiment and regulatory headlines, as XRP often reacts strongly to legal news related to Ripple Labs. The daily chart of XRP shows encouraging consolidation that may lead to a breakout. If the bulls can defend the $2.00 level and push above the $2.25 level with volume, XRP could test the $2.50 mark by July.