Ripple (XRP) price struggles to rise, will it continue to climb at the end of June 2025?

Jakarta, Pintu News – After falling below the $2.00 zone, the price of Ripple (XRP) is now trying to recover its losses. However, the road to recovery is unlikely to be easy with several hurdles to overcome.

Ripple (XRP) Price Drop

The price of Ripple (XRP) has recently seen a sharp decline after failing to hold above the $2.12 support zone. This decline also coincided with the decline in Bitcoin (BTC) and Ethereum (ETH) prices. The price of Ripple (XRP) subsequently breached support at $2.05 and $2.02, before finally touching support at $1.92. The lowest point was recorded at $1.91, before the price started to recover some of its losses.

This recovery includes a rise above the 23.6% Fibonacci retracement level of the move down from $2.178 to $1.91. However, the current price is still below $2.02 and the 100-hour simple moving average. The price faces strong resistance near $2.02, which is marked by a bearish trend line on the hourly chart of the XRP/USD pair.

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Resistance and Recovery Potential

If the price can break the resistance at $2.02, the next move would be to face resistance at $2.05, which is the 50% Fibonacci retracement level of the previous drop. The next resistance is at $2.08. If the price manages to break $2.08, this could take Ripple (XRP) towards the $2.12 resistance. Further upside might push the price towards $2.15 or even $2.20 in the short term. The next big hurdle for buyers is at $2.25.

Possible Further Decline

If Ripple (XRP) fails to break the $2.05 resistance zone, the price may see another drop. Initial support lies near $1.95, with the next major support at $1.92. In the event of a downward break and close below $1.92, prices could continue to drop towards $1.88 support. The next major support is in the $1.84 zone. Technical indicators show that the hourly MACD for the XRP/USD pair is losing momentum in the bearish zone. Meanwhile, the hourly Relative Strength Index (RSI) for XRP/USD is currently below the 50 level.

Conclusion

Although the price of Ripple (XRP) is showing signs of recovery from the recent decline, there are still many hurdles to face. Investors and traders should monitor key resistance and support levels for clues on the direction of the next price movement.

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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 Finds Some Relief at $2,020. Accessed on June 24, 2025
• Featured Image: CoinMarketCap