XRP Price Prediction for June 16, 2025: Could It Potentially Rise to $7?

Jakarta, Pintu News – Ripple (XRP) seems to be on an encouraging path after a series of announcements supporting the token’s price rise.

With significant progress in the legal case involving the US Securities and Exchange Commission (SEC) and the planned launch of the Ethereum Virtual Machine (EVM) sidechain, investors and market watchers are starting to wonder, is this the beginning of a big surge for Ripple (XRP)?

Ripple (XRP) Price Analysis

Ripple’s (XRP) weekly price chart shows that the long-term outlook is mixed. Although technical indicators point to further consolidation, recent developments surrounding Ripple, XRPLedger, and related stablecoins could spark bullish sentiment among traders.

The Relative Strength Index (RSI) is at a neutral level of 50, while the Moving Average Convergence Divergence (MACD) shows a red histogram below the neutral line, indicating negative momentum in the Ripple (XRP) price trend.

Ripple (XRP) faces resistance at the local peak of $2.6549 and could test liquidity at $2 support, a crucial psychological level. If the consolidation ends and the uptrend is confirmed, Ripple (XRP) could rally by 25%, testing resistance at $2.6549.

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Ripple (XRP) Derivatives Analysis

Data from Coinglass, a crypto intelligence platform, shows a decline in Open Interest (OI) or the total value of all open contracts in Ripple (XRP) on derivatives exchanges. However, there has been a large increase in derivatives trading volume and options volume in the last 24 hours.

The long/short ratio exceeded 2 on Binance and OKX, indicating that there were more long bets than shorts, and derivatives traders expected a rally in Ripple (XRP). However, more than $20 million in long positions have been liquidated on Ripple (XRP), while less than $2 million in shorts were liquidated, meaning the market is punishing the bulls.

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Ripple’s Progress in SEC Lawsuit and Other Catalysts

Recent filings in the SEC v. Ripple case indicate that both parties have agreed to a $50 million settlement to be paid to the securities regulator. This could end the long legal battle and support the bullish thesis for XRPLedger and Ripple (XRP) adoption.

Two other notable catalysts include the idea from Chris Giancarlo, the Trump-appointed CFTC Chairman, of issuing government bonds for crypto assets such as Bitcoin (BTC) and Ripple (XRP).

Additionally, at the Ripple (XRP) Las Vegas conference, Greg Kidd, co-founder of Haka Yaka Ventures and owner of Vast Bank, said that he is working on a bank charter that could allow payment remittance companies like Ripple to get a banking license.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto News. Chart of the Week: XRP Ripple Bullish Announcements. Accessed on June 16, 2025
• Featured Image: Crypto Times