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XRP Rallies Toward $2.30 as Symmetrical Triangle Nears Resolution

After weeks of range-bound movement, XRP price is gaining momentum as it tests the upper trendline of a symmetrical triangle formation. XRP price today has moved above $2.26 with volume support and a clean break above short-term resistance at $2.24. Traders are watching this zone closely as the breakout attempt from the long-standing compression structure continues to unfold.

What’s Happening With XRP’s Price?

XRP has been trading inside a multi-month symmetrical triangle since its November 2024 peak near $3.60. This structure has compressed volatility into a tightening apex, now approaching its final phase. As of July 6, XRP has tagged the upper boundary of the triangle while holding above the rising support base at $2.05.

The daily TSI shows a shallow positive crossover forming, indicating the first early sign of momentum return. Meanwhile, Parabolic SAR dots have flipped below price action, further hinting that bullish control may be building. A breakout above the $2.30–$2.34 region would confirm the pattern and potentially open the path to $2.58 and $3.00.

Why Is The XRP Price Going Up Today?

The post XRP Price Prediction for July 7, 2025: XRP Rallies Toward $2.30 as Symmetrical Triangle Nears Resolution appeared first on Coin Edition.

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