The XRP price today is trading around $2.24 after a failed breakout attempt above $2.30, a level that has repeatedly capped upside since mid-June. Despite brief bullish momentum, XRP remains stuck in a broader descending structure, with sellers re-entering near supply zones. The price is currently consolidating near a decision point that could define short-term direction. What’s Happening With XRP’s Price? XRPUSD price forecast (Source: Tradingview) XRP continues to respect a multi-month descending trendline that has acted as dynamic resistance since March. On the daily chart, price was recently rejected from the $2.30–$2.32 zone, just beneath the long-term descending trendline. This rejection came after a sharp move from the $2.05 support level and has since led to a short-term lower high. XRPUSD price forecast (Source: Tradingview) On the 4-hour chart, XRP is forming a descending triangle pattern, with the horizontal base around $2.21 and a declining trendline pressing down from above. The price failed to maintain above the short-term breakout trendline and is now re-testing the $2.22–$2.23 region, which also aligns with recent lows. The broader structure on the weekly chart still shows XRP stuck between the 0.382 and 0.5 Fibonacci retracement zones, failing to break convincingly above either. Why Is The XRP Price Going Down Today? XRPUSD price forecast (Source: Tradingview) Why XRP price going down today is primarily due to persistent rejection at supply and weakening intraday momentum. The 30-minute chart shows clear bearish divergence on RSI, with lower highs in RSI despite higher price action. The RSI now hovers around 38, indicating weak strength and limited buying interest. XRPUSD price forecast (Source: Tradingview) Volume Profile data reveals the Point of Control near $2.19, with price oscillating around this level. This reflects indecision and a battle for control between bulls and bears. At the same time, Balance of Power and RSI divergence both point to bearish underlying pressure. XRP Derivative Analysis (Source: Coinglass) Additionally, funding rate data shows a mildly positive rate at 0.009%, but with a sharp -16.67% drop in 24h volume and a -1.47% dip in open interest, suggesting waning conviction among leveraged traders. Indicators Show Capital Flow Weakness As Volatility Compresses XRPUSD price forecast (Source: Tradingview) The Donchian Channels on the 4H timeframe show XRP hugging the mid-line, reflecting declining volatility. The Chaikin Money Flow (CMF) reads near -0.01, a flat signal showing limited capital inflow and no strong accumulation. XRPUSD price forecast (Source: Tradingview) The weekly Fibonacci structure reinforces the importance of the $2.18–$2.20 support band. If this zone fails to hold, downside risks increase toward the $2.05 level — a key demand block that previously triggered bullish reversals. Meanwhile, the Volume Profile also suggests the $2.40–$2.65 range as a high-resistance cluster. Without a sustained breakout and volume above $2.30, upside remains limited. XRP Price Prediction: Short-Term Outlook (24h) XRP price action over the next 24 hours hinges on the $2.21–$2.23 support range. A breakdown from the descending triangle could trigger a move toward $2.18 and potentially $2.05, where strong historical demand lies. If bulls reclaim $2.30 with conviction, the next targets are $2.40 and $2.47, both former supply rejection zones. However, given the bearish divergence, low CMF, and price compression, the short-term bias leans cautious unless buyers step in near $2.21. Traders should watch for a decisive candle close outside the triangle structure with a corresponding volume surge for confirmation of the next move. XRP Price Forecast Table: July 5, 2025 Indicator/Zone Level (USD) Signal Resistance 1 2.30 Descending trendline cap Resistance 2 2.40 Volume Profile resistance zone Support 1 2.21 Triangle base, key hold level Support 2 2.05 Strong demand zone RSI (30-min) 38.2 Bearish divergence active CMF (4H) -0.01 Neutral-to-weak inflow Balance of Power Bearish Underlying seller strength Donchian Channel Mid (4H) 2.23 Volatility squeeze zone Volume Profile POC 2.19 Fair value pivot Funding Rate +0.009% Mild long bias, low conviction Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.