XRP Price Prediction For July 23
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XRP continues to ride the momentum of its recent breakout. After shattering its previous all-time highs and climbing above $3.60 in recent weeks, XRP has entered a critical zone where bulls and bears are battling for control. So, what can we expect from XRP in the next 24–48 hours?
Current Market Behavior: XRP Holding Strong After Breakout
Right now, XRP is trading above key support levels, particularly between $3.30 and $3.40. This zone has become important because it was once a strong resistance area, but after XRP broke above it, it has now turned into a support level. This flip from resistance to support is often seen as a bullish sign in technical analysis.
XRP also retested and bounced off its previous all-time high, which adds to the strength of the ongoing uptrend. The price structure remains bullish, and unless it sees a breakdown below the $3.30 support, there’s a good chance that XRP could continue pushing higher.
If XRP were to drop below $3.30, the next big support area would be between $2.75 and $3.20. This range includes key technical levels, like the 50 percent Fibonacci retracement from the recent rally. Falling below $2.65 would be a bigger concern, as that could mean the current bullish wave is ending or entering a deeper correction phase.
On the flip side, if buyers continue to show strength, XRP could target $3.84 level as the next milestone, followed by $4.33 and even $4.72.
How Bitcoin and Ethereum Could Impact XRP
As always, it’s important to know that XRP doesn’t move in a vacuum. The overall crypto market, especially Bitcoin and Ethereum, still plays a major role. If Bitcoin continues to consolidate near $118K without major dips, and if Ethereum avoids deeper corrections, XRP is likely to benefit.
Another macro signal: Bitcoin dominance is declining, which means altcoins like XRP could continue to outperform in the short term.