XRP in the Next 12 Hours: Price Moves to Watch

XRP is trading at $2.1627 with a 1.93% gain in the past session. The 4-hour chart reveals a tightening structure, suggesting XRP is coiling up for its next significant move. With Bollinger Bands contracting and MACD flashing early bullish cues, the market is bracing for either a breakout or rejection—likely within the next 12 hours. Traders are now positioning around critical support and resistance levels, awaiting confirmation of direction. Bollinger Bands Signal Breakout Readiness The Bollinger Bands (20,2) have tightened following a period of contraction, a precursor to increased volatility. Price action is hugging the upper band at $2.22, showing that bulls are pressing overhead resistance. The midline at $2.1119, acting as dynamic support, has held firm through minor retracements—underscoring bullish control. This price behavior hints at an imminent breakout attempt. If bulls maintain pressure above $2.11, the probability of a move toward $2.28 or even $2.35 increases. However, if the price slips beneath $2.11, the setup risks fading into consolidation between $2.00 and $2.03—levels that previously offered stability during drawdowns. MACD Reinforces Bullish Bias but Demands Volume The MACD indicator shows bullish alignment, with the MACD line currently at 0.0435 edging above the signal line at 0.0396. Though the histogram is slightly flattening, its position above zero still favors upside momentum. This setup suggests underlying buying pressure remains intact but may require a volume surge to sustain upward momentum. Should the histogram widen again in the coming hours, it could confirm a fresh leg upward. Conversely, a bearish crossover or histogram dip into negative territory would signal weakening momentum—prompting caution among short-term traders. Price Structure Points to Continuation Pattern XRP’s recent recovery from the sub-$1.60 region has been technically healthy, forming a sequence of higher lows and re-testing resistance zones. This structure supports the theory of a bullish continuation. The immediate hurdle remains $2.22, a level XRP has approached multiple times. A clean breakout with volume could send prices soaring toward the $2.35–$2.40 resistance band. On the downside, $2.11 and $2.00 form the key short-term support axis. A breakdown below $2.00 would signal a breakdown of the current pattern and potential retest of lower consolidation zones around $1.90–$1.95. For now, however, buyers remain in control unless proven otherwise. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 12-Hour Outlook: Anticipating the Next Move In the short term, XRP’s price is poised to move within the $2.11–$2.28 range over the next 12 hours. A successful break above $2.22 will likely drive XRP toward $2.35. If bulls fail to crack that resistance, the asset could consolidate between $2.00–$2.15 before attempting another push. The volume will be the determining factor. A surge in buying volume would validate the breakout narrative. Without it, XRP may enter a low-volatility phase, moving sideways within current levels. Traders should monitor price action closely around $2.22 for the first sign of a breakout or rejection. XRP Approaches Make-or-Break Moment XRP is nearing a pivotal decision point, with indicators leaning bullish but not yet confirmed. The current squeeze in the Bollinger Bands, paired with a still-positive MACD, positions the token for a possible breakout. But with resistance at $2.22 still intact, traders must watch for a convincing move above this barrier to validate upward continuation. In the next 12 hours, expect heightened volatility as XRP tests this crucial range. If momentum builds, a rally toward $2.35 is plausible. If not, XRP may stall and retrace toward support at $2.00. Either way, XRP is setting the stage for a swift move—and the market is watching. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP in the Next 12 Hours: Price Moves to Watch appeared first on Times Tabloid .