XRP Price Stands at Support, Will it Recover by End of June 2025?

Jakarta, Pintu News – The price of Ripple (XRP) recently dipped below the $2,150 zone, sparking concerns among investors. Despite facing pressure, XRP managed to hold critical support at $2,120. This analysis will dig deeper into the potential recovery of XRP price and the factors that could affect it.

XRP Price Reaction to Support

After falling below the $2,220 support zone, the price of Ripple (XRP) continued to slide, breaking the $2.20 and $2,180 support levels. However, the price managed to bottom out at $2,120 and is currently consolidating losses.

There was a slight rise above the 23.6% Fibonacci retracement level of the last drop from $2,335 to $2,120. In addition, there was also a break of the bearish trend line with resistance at $2,1550 on the hourly chart of the XRP/USD pair. Currently, the price is trading below $2.20 and the 100-hour simple moving average.

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Recovery Potential and Barriers

On the upside, Ripple (XRP) may face resistance near the $2.180 level. The first major resistance is near the $2.20 level, followed by $2.2250 or the 50% Fibonacci retracement level of the last drop. If the price manages to cross the $2.2250 resistance, it could push the price towards $2.2540. Further upside might take the price towards $2.280 or even $2.30 resistance in the short term. The next big hurdle for the bulls might be $2.350.

Possible Further Decline

If Ripple (XRP) fails to break the $2.20 resistance zone, the price could drop again. Initial support on the downside is near the $2.1420 level, with the next major support near $2.120. In case of a downward break and close below the $2.120 level, the price may continue to drop towards the $2.050 support.

The next major support lies near the $2,020 zone. The technical indicators show that the hourly MACD for XRP/USD is now losing momentum in the bearish zone, while the RSI (Relative Strength Index) is approaching the 50 level.

Conclusion

Taking into account the current dynamics and critical support levels, the future of Ripple (XRP) price seems to be largely dependent on its ability to maintain support at $2,120. Investors and traders should monitor technical indicators and market developments to make informed decisions.

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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 are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. XRP Price Clings to Support. Accessed on June 20, 2025
• Featured Image: The Currency Analytics