- XRP surges 11% to $2.17, eyeing $2.20 resistance level.
- Breakout above $2.22 could target $2.30, per technical analysis.
- Institutional inflows and ETF approval odds boost XRP’s outlook.
The price of XRP reached 2.17 on June 24, 2025, an 11% increase from the previous day. This rally is coming after a turulent weekend that was fueled by geopolitical tensions in the Middle East that briefly took the token below important levels of support. Nonetheless, the XRP regained important technical levels despite these market shocks, which indicates the possibility of additional growth.
On the 4-hour chart, the cryptocurrency pierced a bearish pattern formed by a descending wedge, which is a bullish sign. There was increased trading volume of 5.15 billion dollars as much activity was witnessed in the market. The current market capitalization of XRP amounts to $129.08 billion and supports its status of one of the leading digital assets.
Key Technical Levels Signal Breakout Potential
Based on technical analysis, the range of 2.18 to 2.22 is a critical level of resistance. XRP has found it hard to hold gains beyond this difference within recent sessions. Nonetheless, the fact that the token has been trading above the 50day and 20-day exponential moving averages (EMAs) indicates a bullish run. Average True Range (ATR) shows that the volatility is much higher proving that a broader price range can be observed.
Market information shows that a breakout upwards of the $2.22 level will cause XRP to run to the $2.30 or above. On the other hand, an inability to clear this resistance could result in the consolidation to the support of $2.00. Relative Strength Index (RSI) is neutral, which implies that the price can increase without the overbought situation.
The recent surge aligns with broader market recovery. Altcoin sentiment is strengthened by the rise of bitcoin past the $100,000 mark, and XRP performed the best among peers. Bullish case is further lent strength by the institutional interest where exchange reserves plunged 21 per cent to US2.3 billion. Reduced exchange reserves often indicate accumulation by long-term holders.
Fundamental Drivers Bolster XRP’s Outlook
The price trend of XRP carries over the good news of the company (Ripple) behind the token. A historic ruling by a court in 2023, however, designated XRP retail trade not as security, eliminating one of its primary regulatory hurdles. A year ago, XRP’s value increased by 356%, while Bitcoin’s value increased by 72.49%; this has boosted investor trust.
The optimism is augmented by Ripple taking a bigger role in worldwide payments. The company technology is also aligned to the ISO 20022 that will be adopted by U.S. Fedwire Funds Service in July 2025. This has the capabilities of improving the XRP to use when making cross-border transfers which may influence demand. Moreover, the rumors regarding the possible approval of a spot XRP ETF, where the chance is 81 percent, have been stirring the emotions of traders.
Market Sentiment and Price Targets
The immediate price trend of XRP will depend on whether the resistance of $2.22 is breached. If the upward momentum keeps going, the next big psychological milestone to strive for is $2.33. More optimistic long-term predictions estimate that XRP has potential to reach 5 dollars by the end of the year provided that ETF approval is actualized. Others are eyeing above 10 dollars at least by mid 2026, as rainlighted by Ripple niederlassung and regulatory certainty.
However, bearish signals persist. The sell signal is displayed by the Moving Average Convergence Divergence (MACD) indicator and indicates caution. Failure to reverse the resistance may push XRP to the low supports around 1.95.
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