analytics1_1
Ripple has the potential to correct and weaken down to the Support level of 2.1924, Friday, July 4, 2025.
Ripple has the potential to correct and weaken down to the Support level of 2.1924, Friday, July 4, 2025.
Crypto-currencies
2025-07-04 05:58:00
Ripple – Friday, July 4, 2025
Friendly regulatory pressure and the case with the SEC that seems to be stopped and open interest in the derivatives market that has jumped 30% in this cryptocurrency can provide positive sentiment for Ripple.
Key Levels
1. Resistance. 2 : 2.5858.
2. Resistance. 1 : 2.3059.
3. Center : 2.1924.
4. Support. 1 : 2.0857.
5. Support. 2 : 1.8319.
Tactical Scenario
Positive Reaction Zone: If the price is held at the level of 2.1924, then Ripple has the potential to appreciate and rise again to the level of 2.3059.
Momentum Extension Bias: If volatility and strengthening momentum support, Ripple will continue to strengthen again to the level of 2.5858.
Invalidation Level / Bias Revision
Upside bias weakens when Ripple breaks through and closes below the level of 2.0857.
Technical Summary
Ripple is still moving above the WMA (21) which has a slope that dives upwards and is in the Bullish Pitchfork channel, although overall Buyers are still dominant but remain vigilant for the weakening correction that will occur due to the appearance of Divergence between Ripple's price movement and the Stochastic Oscillator indicator.
Economic News Release Agenda:
None because the US Market is closed for Independence Day (4th of July).
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