XRP price is facing significant challenges as it attempts a breakout amidst heavy resistance between $2.20 and $2.30. Trading at $2.17, the digital asset remains above the $2.00 mark, supported by increasing institutional demand for XRP exchange-traded products (ETPs) which recorded $10.6 million in inflows for the last week of June, totaling $219 million for the first half of 2025. Analysts emphasize that XRP needs to close above $2.30 on the daily chart to target higher levels above $3. The pivotal zone between $2.20 and $2.30 is identified as a potential turning point for a bullish trend, especially with the convergence of monthly and quarterly volume-weighted average prices. Whale accumulation is also notable, with a 65% increase in holdings among entities with between 1 million and 10 million XRP tokens. Key price levels to watch include the 100-day, 50-day, and 200-day simple moving averages located at $2.20, $2.25, and $2.36 respectively. Breaking below $2.15 would increase bearish pressures toward $2.00 and below.

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