The XRP Ledger (XRPL) has launched its Ethereum Virtual Machine (EVM) sidechain on the mainnet, according to a June 30 announcement. The sidechain would allow developers to create, port, and deploy Ethereum-compatible decentralized applications (dApps) within the XRPL ecosystem. The XRPL EVM sidechain is built to be fast and secure and is connected to the […]
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XRP showed a powerful technical reaction after dipping precisely to the $2.07 Fib confluence zone, where multiple key levels aligned — including the golden .618 Fib retracement and wave-based extensions. The sharp bounce from this area signals a potential end to the recent correction and opens the door for further upside. The Perfect Bounce: XRP Finds Bottom At $2.07 Confluence CasiTrades, in a latest post on X, stated that on Friday, XRP dipped precisely to the $2.07 confluence zone, aligning with the golden .618 retracement, the 1:1 extension for wave C, and the .618 extension for subwave 5. She noted that a sharp reaction from that level would confirm the correction bottom, and the market did exactly that, snapping upward from the $2.07 mark. Related Reading: XRP Price Springs Higher — Rally Reignited with Bullish Momentum Since then, momentum has steadily increased, with bullish pressure building over time. Price action is now pressing into a critical resistance zone at $2.25, a level that represents the macro .382 Fibonacci retracement and has served as a significant technical barrier for months. Breaking and holding above this level could signal a shift from recovery to full-blown bullish continuation. Adding to the momentum, Ripple dropped its appeal, and the US SEC’s withdrawal could be the next trigger to price spikes. According to CasiTrades, the legal finish line is finally in sight, just as the price completes its correction structure, a timing she believes is no coincidence. This, she emphasized, is why technical analysis matters: it allows traders to identify key setups before the news breaks, positioning ahead of market-moving headlines. Key Short-Term Scenarios To Watch The analyst further explained that from this point, she is closely watching two key short-term scenarios unfold. In the first scenario, XRP makes a move up to around $2.30, followed by a pullback to retest $2.25 — this time as support, which CasiTrades considers an ideal and healthy move. Related Reading: XRP Silent Accumulation: A Falling Wedge On The Verge Of Explosion The second scenario involves a stronger push straight through to the $2.45 zone, heading toward the larger resistance near $2.69. In this case, a minor pullback would likely occur just before the price interacts with the $2.69 resistance area. After that, the analyst anticipates a backtest of the $2.25 level. Either way, she emphasized that $2.25 remains the critical level to watch. Successfully flipping it sets the stage for a much larger breakout move. CasiTrades added that Friday’s bounce wasn’t just a random spike; it was a precise reaction to a completed structure. With wave 2 down, wave 3 is officially underway, and once these nearby resistance levels are cleared, it could all lead to a surge. Featured image from Getty Images, chart from Tradingview.com
The development introduces Ethereum Virtual Machine-compatible smart contracts to the XRP Ledger, enabling developers to deploy their Ethereum-based apps.
XRP price started a steady increase above the $2.120 zone. The price is consolidating and might aim for a move above the $2.220 resistance. XRP price started a fresh increase above the $2.20 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2.190 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $2.220 resistance zone. XRP Price Eyes Fresh Surge XRP price formed a base above the $2.080 level and started a fresh increase, like Bitcoin and Ethereum. The price was able to climb above the $2.120 and $2.150 resistance levels. There was a break above a bearish trend line with resistance at $2.190 on the hourly chart of the XRP/USD pair. The pair even cleared the $2.20 level. A high was formed at $2.2191 and the price is now correcting gains. There was a move below the $2.20 level, but it is still above the 23.6% Fib retracement level of the upward move from the $2.070 swing low to the $2.2191 high. The price is now trading above $2.180 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.220 level. The first major resistance is near the $2.250 level. The next resistance is $2.320. A clear move above the $2.320 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.40 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. Downside Correction? If XRP fails to clear the $2.220 resistance zone, it could start another decline. Initial support on the downside is near the $2.180 level. The next major support is near the $2.1450 level or the 50% Fib retracement level of the upward move from the $2.070 swing low to the $2.2191 high. If there is a downside break and a close below the $2.1450 level, the price might continue to decline toward the $2.120 support. The next major support sits near the $2.080 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.220 and $2.250. Major Resistance Levels – $2.1450 and $2.120.
A new wave of debate is sweeping through crypto circles as some analysts suggest XRP could someday trade at $20,000 per coin. The price today sits near $2. That means a 10,000× jump from current levels. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role According to reports, the idea first took shape in 2022, when game developer and XRP backer Chad Steingraber laid out a plan that leaned on big banks and tokenized assets. Now, that bold forecast has resurfaced on social platform X, sparking fresh talk about where this digital token might head next. “The Chad Steingraber Theory” – The Road to a $20K #XRP A Thread????from The Future… I’m going to tell you a story and I’ll spin it so that all you need is an interest to learn what’s in store for all of us. Grab a drink, grab a snack and let’s take a ride, shall we? — Chad Steingraber (@ChadSteingraber) August 18, 2022 Rise Of Tokenized Assets According to Steingraber, the first step involves issuing stablecoins and central bank digital currencies on the XRP Ledger. Every time a new token launches there, it would need XRP to settle transactions. That could push up daily demand. Today, only a handful of tokens sit on the XRP chain, but he sees that growing into the hundreds. If even 100 new coins adopt XRP settlements, demand could climb by billions of dollars each year. It consists of three components: 1 – Assets built on the XRP Ledger (Stablecoins are the “utility”) 2 – XRP becomes a reserve asset to power the utility 3 – XRP is removed from public supply by institutions This is how IT WILL. ???? https://t.co/d7ysY5euXc — Chad Steingraber (@ChadSteingraber) June 28, 2025 Banks Holding XRP As Gold Based on reports, the second driver is banks treating XRP like a reserve asset. Instead of just trading it on public exchanges, financial firms would stash XRP in private ledgers to back their own digital currencies. He points to “many institutions” that have already floated plans to include XRP in their reserve piles. If each of those firms holds hundreds of millions of dollars in XRP, it could remove a large chunk of supply from open markets. Institutional Absorption Of Supply Here’s where the math gets eye‑popping. XRP’s total supply is capped at 100 billion. But Steingraber says roughly 20 billion tokens remain in public hands after accounting for locks, burns, and lost keys. If big institutions lock away most of that, circulation could shrink to under 100 million. That would set the stage for a classic supply shock. He even predicts prices could surge from cents to thousands of dollars within hours once companies dive in. Regulatory And Competition Hurdles Despite the excitement, there are clear roadblocks. XRP is still fighting the US Securities and Exchange Commission in court. A final loss could stall deals or scare off banks. At the same time, rival chains like Ethereum and Solana also host tokenized assets. Those networks already see billions in daily volume. XRP would need to prove it offers something stronger or faster to win over big players. Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength A Long Shot With Big Ifs This forecast hinges on three big “ifs”: strong tokenization growth, banks stacking XRP as reserves, and a real supply squeeze on public markets. If any one of those doesn’t materialize, the $20,000 mark drifts further away. Still, it makes for a gripping story. For now, XRP traders will watch legal filings and ledger activity with fresh eyes, wondering if this bold theory has any chance of coming true. Featured image from Pixabay, chart from TradingView
A well-known crypto voice has stirred the pot by saying XRP could one day challenge Bitcoin’s top spot. His name is Charles Shrem, the guy behind the Blockchain Backer channel on YouTube. He’s been bullish on XRP for years. Now he’s saying outright that the altcoin is a threat to Bitcoin. That claim comes at a time when the altcoin is still trailing behind Bitcoin’s recent rally. Related Reading: TRUMP Token In Trouble? Over $4 Million Liquidity Exit Sparks Crash Fears XRP’s Rise And Fall Against Bitcoin According to charts, XRP jumped over 200% against Bitcoin from November 2024 to January 2025. That was an eye-popping move. Then things went south. Since February 2025, XRP lost about 30% against Bitcoin. Bitcoin, on the other hand, set new all-time highs after February. The crypto mostly hovered around $2. That big swing shows how fast fortunes can change in crypto markets. If it isn’t clear yet, XRP actually is a threat to Bitcoin. — Blockchain Backer (@BCBacker) June 26, 2025 Analyst Calls XRP A Serious Challenger Based on reports, Shrem has hinted at this view in the past. But he never put it so bluntly until now. He says Bitcoin fans feel threatened by XRP’s potential. He even pointed to online fights where Bitcoin maximalists blasted XRP and its backers. Shrem argues that those attacks prove it has real muscle behind it, at least in the minds of some big players. Trump’s Digital Asset Stockpile Debate In January 2025, US President Donald Trump signed an executive order asking a team to study a “digital asset stockpile.” It didn’t name Bitcoin or XRP. But the move sent shockwaves through crypto circles. The funny thing is… XRP was never mentioned in the executive order. But, the Bitcoiners have always known it’s the threat for the crown. That’s why the attack is on. They know. — Blockchain Backer (@BCBacker) January 24, 2025 Some Bitcoin supporters blamed XRP and Ripple’s boss, Brad Garlinghouse, for pushing to include the altcoin. That blew up into a heated online conflict. Shrem sees that clash as more proof of XRP’s rising profile. Bitcoiners are openly advertising that XRP may be a threat to overthrow Bitcoin. — Blockchain Backer (@BCBacker) January 24, 2025 Market Cap Gap Remains Wide XRP still has a long way to go. It trades at about $2.19 and boasts a market cap of $129.4 billion. Ethereum sits second with $295 billion. The crypto would need a 135% rise to hit $5. To match Bitcoin’s $2.125 trillion, the altcoin’s price must surge about $1,620% to $36. Back in October, analyst Dark Defender said XRP could reach $36. That call sounds bold today. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role Overcoming A Big Lead In Adoption XRP’s fast moves get people talking. Its ties to banks and quick payments give it a story that’s very different from Bitcoin’s. But displacing Bitcoin means overcoming a huge lead in adoption and mind share. For now, Shrem’s claim makes good headlines. Whether XRP can turn that talk into market gains is another question. For crypto fans, it’s one of the storylines to watch in the months ahead. Featured image from Enjoy Niigata, chart from TradingView
The decision, announced by Ripple Labs CEO Brad Garlinghouse on Friday, comes shortly after a New York judge blocked the company’s second attempt to settle the case for $50 million.
The possibilities of a Ripple Initial Public Offering (IPO) have become higher as time goes on and the company moves toward a complete resolution of its SEC lawsuit. With expectations of the IPO rising, possible valuations have started to fly around as the company is one of the largest cryptocurrency companies. Most notably, pro-XRP lawyer and community member John Deaton has proposed that the Ripple IPO could lead to the company being valued at over $100 billion. Deaton Puts Ripple At $100 Billion The comment and valuation from lawyer John Deaton come after Circle, the company behind the USDC stablecoin, successfully completed its Initial Public Offering (IPO). So far, the crypto firm has found a lot of success in the market, surging from an initial $5 billion valuation to over $63 billion in valuation post-IPO. Related Reading: Bitcoin To Surge To $130,000 Next? What The Wave Count Says Deaton responded to a post on X (formerly Twitter), highlighting this feat, pointing out how Ripple could be even more successful in this regard. He explains that despite Ripple CEO Brad Garlinghouse saying that the company was in no rush to go public, the IPO should be timed correctly to have the right impact. Pointing to the current market environment, he points out that if Circle can grow to a $63 billion valuation, then it means that Ripple can soar even higher. Given XRP’s standing in the market as the 4th-largest cryptocurrency, ahead of Circle’s USDC, which sits at 7th place, Deaton believes that Ripple’s valuation post-IPO can rise to $100 billion. “If Circle can hit a 62B-75B market cap then Ripple, with nearly 40B XRP, currently valued at $2 (ie $80B), could certainly hit a $100B market cap in this environment,” Deaton wrote. As Bitcoinist reported, Ripple had issued a $700 million tender offer with shares priced at $175. This now puts the equity valuation of the company at $25 billion with 141 million outstanding shares as investors look favorably at the crypto firm. How High Could The XRP Price Go? Market experts have speculated that if the Ripple IPO does go through and the valuation soars, the XRP price will soar in tandem. Crypto investor Dennis Liu shared a video that suggested a successful IPO would be positive for the XRP price. He points out that a symbiotic relationship of the XRP coin related to the Ripple stock would be the dream of investors. Related Reading: Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align Other market experts have debated that the XRP price would go double-digits to rise above $10 if this happens. In some cases, the XRP price has been pegged as high as $100 if Ripple does complete its IPO and begins trading as a publicly listed company. Featured image from Dall.E, chart from TradingView.com
XRP price started a downside correction from the $2.220 zone. The price is consolidating and might decline further toward the $2.020 support. XRP price started a downside correction below the $2.20 zone. The price is now trading below $2.150 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2.150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could find bids near the $2.020 zone and start a fresh increase. XRP Price Dips Below Support XRP price attempted more gains above the $2.150 zone, like Bitcoin and Ethereum. The price spiked above the $2.20 and $2.220 levels, but the bulls failed to extend gains. A high was formed at $2.2294 and the price is now correcting gains. There was a move below the $2.20 and $2.15 levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. Besides, there was a break below a bullish trend line with support at $2.150 on the hourly chart of the XRP/USD pair. The price is now trading below $2.180 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.150 level. The first major resistance is near the $2.20 level. The next resistance is $2.220. A clear move above the $2.220 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.40 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. More Losses? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.070 level or the 50% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. The next major support is near the $2.020 level. If there is a downside break and a close below the $2.020 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.920 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.070 and $2.020. Major Resistance Levels – $2.20 and $2.220.
Ripple has partnered with Wormhole, a cross-chain messaging protocol, to bring multichain support to the XRP Ledger (XRPL) and its upcoming Ethereum Virtual Machine (EVM) sidechain. According to the June 26 statement, the integration will introduce advanced functionality to the XRPL and allow assets and data to flow freely between it and over 35 other […]
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In a five-page ruling issued Thursday, District Judge Analisa Torres bristled at the parties’ request she dissolve a permanent injunction ordering Ripple to obey the law.
Ripple's move supports the development of multichain applications, emphasizing compliance, low cost and fast settlement.
US District Judge Analisa Torres has denied a joint request from the US Securities and Exchange Commission (SEC) and Ripple Labs to dissolve an earlier court order and lower Ripple’s financial penalty. The ruling, issued on June 26, firmly rejected the attempt to undo a prior judgment tied to Ripple’s violations of securities laws through […]
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XRP price started a fresh increase from the $2.150 zone. The price is consolidating gains and might aim for a move above the $2.220 zone. XRP price started a fresh increase above the $2.150 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2.1320 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it closes above the $2.220 resistance zone. XRP Price Eyes Upside Break XRP price remained supported and started a fresh increase above the $2.050 zone, like Bitcoin and Ethereum. The price recovered above the $2.080 and $2.120 resistance levels. The pair even cleared the $2.180 resistance and recently spiked above the $2.220 zone. A high was formed at $2.2294 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. The price is now trading above $2.180 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2.1320 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.220 level. The first major resistance is near the $2.250 level. The next resistance is $2.320. A clear move above the $2.320 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.480 resistance or even $2.50 in the near term. The next major hurdle for the bulls might be $2.550. Downside Correction? If XRP fails to clear the $2.220 resistance zone, it could start another decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.1320 level and the trend line. If there is a downside break and a close below the $2.1320 level, the price might continue to decline toward the $2.050 support or the 50% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.150 and $2.1320. Major Resistance Levels – $2.220 and $2.250.
The XRP Ledger (XRPL) has launched version 2.5.0 of its core software, according to a June 24 statement. This update introduces a suite of upgrades designed to enhance network performance, support enterprise-grade functionality, and strengthen regulatory compliance. Market observers noted that the update reflects Ripple’s broader push to position XRPL as a viable alternative to […]
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XRPL’s latest release adds token escrows, permissioned DEXs, batch transactions, and fixes key bugs in NFTs and payment channels.
XRP price started a fresh increase from the $2.050 zone. The price is back above $2.10 and might struggle to continue higher above the $2.20 zone. XRP price started a fresh increase above the $2.120 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2.080 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it closes above the $2.20 resistance zone. XRP Price Faces Hurdles XRP price remained supported above the $2.00 zone and started a fresh increase, like Bitcoin and Ethereum. The price recovered above the $2.020 and $2.080 resistance levels. The pair even cleared the $2.150 resistance and spiked above the $2.20 barrier. However, the bears were active above the $2.20 zone. A high was formed at $2.215 and the price is now correcting some gains. There was a move below the $2.00 level, but the price is still above the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.2150 high. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2.080 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.220 level. The next resistance is $2.250. A clear move above the $2.250 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.420 in the near term. The next major hurdle for the bulls might be $2.50. Another Drop? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.080 level. If there is a downside break and a close below the $2.080 level, the price might continue to decline toward the $2.020 support or the 61.8% Fib retracement level of the upward move from the $1.910 swing low to the $2.2150 high. The next major support sits near the $1.950 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.150 and $2.080. Major Resistance Levels – $2.20 and $2.250.
XRP price started a fresh increase from the $1.920 zone. The price is back above $2.10 and might struggle to continue higher above the $2.20 zone. XRP price started a fresh increase above the $2.050 zone. The price is now trading above $2.10 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if there is a close above the $2.180 resistance zone. XRP Price Eyes More Gains XRP price remained supported above the $1.920 zone and started a fresh increase, like Bitcoin and Ethereum. The price recovered above the $2.00 and $2.020 resistance levels. Besides, there was a break above a key bearish trend line with resistance at $2.00 on the hourly chart of the XRP/USD pair. The pair even cleared the $2.10 resistance and $2.150 hurdle. However, the bears were active below $2.20. A high was formed at $2.170 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.170 high. The price is now trading above $2.10 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.1650 level. The first major resistance is near the $2.180 level. The next resistance is $2.20. A clear move above the $2.20 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.300 resistance or even $2.320 in the near term. The next major hurdle for the bulls might be $2.50. Another Drop? If XRP fails to clear the $2.180 resistance zone, it could start another decline. Initial support on the downside is near the $2.0880 level. The next major support is near the $2.050 level or the 50% Fib retracement level of the upward move from the $1.910 swing low to the $2.170 high. If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.920 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.050 and $2.00. Major Resistance Levels – $2.180 and $2.20.
XRP price started a fresh decline below the $2.00 zone. The price is now correcting losses and faces resistance near the $2.050 level. XRP price started a fresh decline below the $2.050 zone. The price is now trading below $2.020 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.020 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if there is a close above the $2.050 resistance zone. XRP Price Faces Resistance XRP price reacted to the downside below the $2.120 support zone, like Bitcoin and Ethereum. The price declined below the $2.050 and $2.020 support levels. The pair tested the $1.920 support A low was formed at $1.910 and the price started to recover losses. There was a minor recovery wave above the 23.6% Fib retracement level of the downward move from the $2.178 swing high to the $1.910 low. The price is now trading below $2.020 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.020 level. There is also a key bearish trend line forming with resistance at $2.020 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.050 level or the 50% Fib retracement level of the downward move from the $2.178 swing high to the $1.910 low. The next resistance is $2.080. A clear move above the $2.080 resistance might send the price toward the $2.120 resistance. Any more gains might send the price toward the $2.150 resistance or even $2.20 in the near term. The next major hurdle for the bulls might be $2.250. Another Drop? If XRP fails to clear the $2.050 resistance zone, it could start another decline. Initial support on the downside is near the $1.950 level. The next major support is near the $1.920 level. If there is a downside break and a close below the $1.920 level, the price might continue to decline toward the $1.880 support. The next major support sits near the $1.840 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.950 and $1.920. Major Resistance Levels – $2.020 and $2.050.
XRP’s on-chain metrics are reportedly painting a foreboding picture for its price outlook, as data shows a steep 80% decline in new wallet creation over the past five months. This drop in network activity has sparked divided opinions between two expert analysts, with one casting doubts on XRP’s ability to reclaim the $3 mark, and the other rejecting such bearish predictions. XRP Price Surge To $3 Stalled In a recent X (formerly Twitter) post, crypto analyst the ‘Coin Bureau’ highlights that XRP’s momentum appears to be fading fast as new on-chain data from Glassnode reveals a staggering 80% drop in wallet creation since January 2025. This sharp decline in network activity and growth has led the analyst to claim that the XRP price is unlikely to revisit the $3 level anytime soon. Related Reading: Bitcoin Nears Climax, But A Twist Awaits—Analyst Reveals Key Insight At the height of XRP’s 2024 rally, both its price and user activity surged in tandem. During that time, new wallet addresses soared to nearly 30,000 per day in November, coinciding with a sharp rally that sent the token’s price surging close to $3. However, the explosive rally proved short-lived, as momentum faded and prices have since reversed. As of mid-June 2025, Glassnode chart shows that new wallet creation has fallen drastically to around 2,000-5,000 per day, while daily active addresses plunged from 577,000 to just 34,000. XRP’s price, meanwhile, has settled just above $2 and has remained largely range-bound, failing to show signs of a sustained breakout. According to Coin Bureau, this significant drop in on-chain engagement indicates that interest in XRP may have dried up, removing one of the key drivers behind its previous rally. Without new users entering the ecosystem or existing ones increasing XRP’s on-chain activity, the analyst warns that the conditions necessary for an immediate $3 price reclaim aren’t present. Analyst Debunks Bearish Forecast While Coin Bureau’s data paints a picture of declining interest and slow price growth, one crypto expert, known as Moon Lambo on X, has pushed back against the bearish narrative. He argues that XRP’s network activity actually reflects growing strength and long-term confidence. The chart presented by the analyst, covering wallet creation data from June 2024 to June 2025, shows an undeniable spike in network activity between November and early January—a surge that peaked during a period of heightened market enthusiasm following the US elections. As the post-election euphoria faded and investor sentiment cooled off, XRP’s on-chain metrics, like daily new account creations, naturally returned to lower levels. Moon Lambo indicates that this drop does not reflect weakness in the XRP ecosystem, as Coin Bureau claimed. The analyst argues that the decline in activity was a healthy correction that occurred right after an abnormal spike in activity driven by macro excitement, and not a reflection of any breakdown in XRP’s fundamentals. To further support the bullish thesis, Moon Lambo pointed out that Google Trends shows that search interest in Bitcoin has declined significantly, confirming that the lull in on-chain activity is not exclusive to just XRP but reflective of a broader market cool-off. Related Reading: Dogecoin Breaks Free—Could Soar 60%, Analyst Says Rather than declining interest, as Coin Bureau suggests, Moon Lambo indicates that XRP is maintaining relevance and attracting steady new engagement even during quieter market conditions. Featured image from Unsplash, chart from TradingView
After weeks of lower highs and higher lows, XRP’s daily candlestick price chart is now giving a signal that could dictate the next major move. Although the token is still holding above key horizontal levels near $2.13, technical data suggests momentum is starting to slip. A technical analysis of XRP’s daily RSI indicator offers a clue into what comes next, and it’s not necessarily bullish in the short term. XRP RSI Breakdown: Loss Of Strength In Momentum According to an analysis posted by crypto chartist CasiTrades on the social media platform X, XRP’s Relative Strength Index (RSI) has just broken beneath a well-respected trendline that had been tracking higher lows since early April. The breakdown of this RSI structure, which is shown on the lower half of the chart below, is a strong shift in the short-term momentum dynamics for XRP. Related Reading: Bitcoin Nears Climax, But A Twist Awaits—Analyst Reveals Key Insight It shows that despite the XRP price holding relatively flat above the 0.5 Fibonacci level at $2.13, internal market strength has clearly weakened. The RSI had been forming a tightening wedge pattern for weeks, just like the price action’s compression at the apex of a symmetrical triangle on the daily timeframe. This type of RSI trendline break typically signals a coming volatility expansion, and as the analyst warns, the release may come with a sharp sweep to major support before XRP reverses. It’s a common occurrence for major price reversals to be preceded by a push into lower supports. In the case of XRP, crypto analyst CasiTrades highlighted some price targets to watch for reversals in case there’s a breakdown in XRP price. Support Levels At Risk: XRP Searching For Rebound Level XRP’s price action is now entering an important test phase, one that could take its price lower before rebounding for the next major rally. Analysis from CasiTrades shows a few demand zones where buyers have stepped in. These demand zones are situated at $2.01, which aligns with the 1.236 Fibonacci extension, the $1.90 price level, and $1.55, which corresponds with the 0.618 retracement level from one of the recent rallies. These levels are filled with enough liquidity, and until XRP breaks and holds above $3, these supports will always be in play. If XRP hits one of these support levels cleanly and exhibits a sharp V-shaped recovery, that would signal the market found its pivot. Related Reading: Dogecoin Breaks Free—Could Soar 60%, Analyst Says However, if XRP approaches these levels and stalls or bounces prematurely, that may lead to a final shakeout move, forming a deeper low before the real reversal begins. Either way, the RSI breakdown has now tilted short-term risk toward the downside, at least until price confirms a strong reclaim above $2.50 and $3. At the time of writing, XRP is trading at $2.11, down by 2% in the past 24 hours. Featured image from Picjumbo, chart from TradingView
XRP price started a fresh decline below the $2.20 zone. The price is now consolidating losses and might recover if it clears the $2.20 hurdle. XRP price started a fresh decline below the $2.150 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2.170 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if there is a close above the $2.20 resistance zone. XRP Price Eyes Upside Break XRP price reacted to the downside below the $2.20 support zone, like Bitcoin and Ethereum. The price declined below the $2.180 and $2.150 support levels. The pair tested the $2.120 support A low was formed at $2.120 and the price started to trade in a range. There was a minor recovery wave above the 23.6% Fib retracement level of the downward move from the $2.335 swing high to the $2.120 low. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.170 level. There is also a contracting triangle forming with resistance at $2.170 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.20 level. The next resistance is $2.2280 or the 50% Fib retracement level of the downward move from the $2.335 swing high to the $2.120 low. A clear move above the $2.2280 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.2850 resistance or even $2.320 in the near term. The next major hurdle for the bulls might be $2.350. Another Drop? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.1450 level. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.1450 and $2.120. Major Resistance Levels – $2.170 and $2.20.
Canada’s Toronto Stock Exchange today saw a new entrant aimed at making XRP more accessible to investors. The 3iQ Corp. rolled out its spot-based XRP ETF, trading under the ticker XRPQ, with an introductory 0% management fee for the first six months. Related Reading: Tether Enforces Freeze On $12 Million In Tron Funds Over Illicit Activity Based on reports, this move offers both retail and institutional clients a hands‑off way to own XRP without worrying about private wallets or unregulated platforms. Building Trust Through Custody According to the announcement, XRPQ will hold its XRP coins in cold storage, kept separate for each investor to cut down the chance of a hack. The fund plans to buy XRP from regulated sources like over‑the‑counter desks. That setup mirrors what other digital‑asset funds do for Bitcoin and Ether. We are excited to announce the launch of the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U) — one of the first ETFs in North America to provide exposure to #XRP. XRPQ debuts with a 0% management fee for the first six months, and @Ripple as an early investor in the fund. “The launch of XRPQ… pic.twitter.com/me19RLAzJI — 3iQ Digital Asset Management (@3iq_corp) June 18, 2025 Backing From Ripple San Francisco’s Ripple has taken a stake in the new fund, according to reports. The company didn’t share how much it invested, but its support sends a strong message. It shows Ripple believes in XRPQ’s structure and security, even after years of uncertainty about XRP in the US courts. Growth Of XRP Over A Decade Data from 2015 to now shows that XRP’s price jumped to around 10,700%, climbing from $0.02 back then to $2.16 today. That surge underscores why 3iQ’s CEO and President, Pascal St‑Jean, called this ETF “an easy way for Canadians and qualified investors overseas to tap into XRP’s growth.” He rang the TSX’s closing bell to mark the launch. Purpose Joins The Fray Reports also disclose that Purpose Investments launched its own XRP ETF, XRPP, on the same day. That makes two spot XRP ETFs now available on the same exchange. Both products aim to give investors a regulated path to XRP, but only time will tell which approach wins more fans. Related Reading: Iran’s Top Crypto Hub Loses $82 Million To Hackers With Israeli Links—Details Looking Ahead To US Approval According to industry watchers, over 10 applications for a spot XRP ETF are currently waiting on the US Securities and Exchange Commission. Traders and managers predict a green light could come by October 2025. Until then, US investors will be watching from the sidelines, while Canada continues to lead in crypto‑ETF innovation. With XRPQ’s debut, 3iQ highlights its mission of opening up digital assets in a regulated way. It’s a clear sign that more traditional markets are warming up to crypto. And with Ripple’s backing and a zero‑fee for half a year, this new ETF could draw attention from anyone who wants XRP exposure without the usual hurdles. Featured image from Pixabay, chart from TradingView
XRP price started a fresh decline below the $2.150 zone. The price is now consolidating losses and might recover unless the bears push it below $2.120. XRP price started a fresh decline below the $2.180 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2.1550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a recovery wave if there is a close above the $2.20 resistance zone. XRP Price Holds Support XRP price reacted to the downside below the $2.220 support zone, like Bitcoin and Ethereum. The price declined below the $2.20 and $2.180 support levels. The pair tested the $2.120 support A low was formed at $2.120 and the price is now consolidating losses. There was a minor move above the 23.6% Fib retracement level of the recent decline from the $2.335 swing high to the $2.120 low. Besides, there was a break above a bearish trend line with resistance at $2.1550 on the hourly chart of the XRP/USD pair. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.180 level. The first major resistance is near the $2.20 level. The next resistance is $2.2250 or the 50% Fib retracement level of the recent decline from the $2.335 swing high to the $2.120 low. A clear move above the $2.2250 resistance might send the price toward the $2.2540 resistance. Any more gains might send the price toward the $2.280 resistance or even $2.30 in the near term. The next major hurdle for the bulls might be $2.350. Another Decline? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.1420 level. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.020 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now near the 50 level. Major Support Levels – $2.1420 and $2.120. Major Resistance Levels – $2.180 and $2.20.
Canadian asset manager 3iQ has launched an XRP-focused exchange-traded fund (ETF) on the Toronto Stock Exchange (TSX) under the XRPQ ticker. According to a June 18 statement, XRPQ will offer investors a six-month waiver on management fees and hold only long-term positions on the digital asset. These assets are sourced from reputable exchanges and over-the-counter […]
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XRP price started a fresh decline below the $2.20 zone. The price is now consolidating losses and might decline further below the $2.150 zone. XRP price started a fresh decline below the $2.20 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2.180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another decline if it trades below the $2.120 support zone. XRP Price Dips Again XRP price failed to continue higher above the $2.280 level and reacted to the downside, like Bitcoin and Ethereum. The price declined below the $2.250 and $2.220 support levels. Besides, there was a break below a key bullish trend line with support at $2.180 on the hourly chart of the XRP/USD pair. The pair tested the $2.150 support A low was formed at $2.1425 and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $2.335 swing high to the $2.145 low. The price is now trading below $2.220 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.1880 level. The first major resistance is near the $2.20 level. The next resistance is $2.240 or the 50% Fib retracement level of the recent decline from the $2.335 swing high to the $2.145 low. A clear move above the $2.240 resistance might send the price toward the $2.280 resistance. Any more gains might send the price toward the $2.320 resistance or even $2.350 in the near term. The next major hurdle for the bulls might be $2.40. More Losses? If XRP fails to clear the $2.220 resistance zone, it could start another decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.020 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.150 and $2.120. Major Resistance Levels – $2.20 and $2.220.
Ripple Labs and the US Securities and Exchange Commission (SEC) have jointly asked the Second Circuit Court to extend the suspension of the agency’s appeal. According to a June 16 court filing, both parties are pushing to delay the appeal to avoid further litigation following their previous settlement. This request follows an earlier effort to […]
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XRP price started a fresh increase above the $2.20 zone. The price is now correcting gains and might find bids near the $2.2150 zone. XRP price started a decent upward move above the $2.20 zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.280 resistance zone. XRP Price Eyes Another Increase XRP price remained supported above the $2.080 level and started a decent increase, beating Bitcoin and Ethereum. The price climbed above the $2.150 and $2.20 resistance levels. The bulls pumped the price over 5% and pushed it above the $2.220 resistance. Finally, it tested the $2.3350 zone and recently corrected some gains. There was a move below the $2.30 level. The price tested the 50% Fib retracement level of the upward move from the $2.141 swing low to the $2.336 high. The price is now trading above $2.220 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.180 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.280 level. The first major resistance is near the $2.320 level. The next resistance is $2.3350. A clear move above the $2.3350 resistance might send the price toward the $2.380 resistance. Any more gains might send the price toward the $2.40 resistance or even $2.420 in the near term. The next major hurdle for the bulls might be $2.50. Another Decline? If XRP fails to clear the $2.280 resistance zone, it could start another decline. Initial support on the downside is near the $2.220 level. The next major support is near the $2.2150 level and the 61.8% Fib retracement level of the upward move from the $2.141 swing low to the $2.336 high. If there is a downside break and a close below the $2.2150 level, the price might continue to decline toward the $2.180 support. The next major support sits near the $2.120 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.2150 and $2.180. Major Resistance Levels – $2.280 and $2.3350.
A recent analysis by a crypto market expert has reignited interest in XRP’s potential utility, especially in the context of Ripple capturing a portion of SWIFT’s global transaction volume. According to the expert, if Ripple secures just 14% of SWIFT’s market share, the implications for XRP’s supply and potential could be significant. XRP’s Potential If Ripple Takes On 14% Of SWIFT Market expert Crypto Eri has emphasized, through detailed mathematical calculations, the impact Ripple, capturing 14% of SWIFT’s total annual cross-border volume, could have on XRP’s supply and daily transactions. Notably, the market expert emphasized that if Ripple were to process such a percentage, which is roughly $4.2 trillion, it would require a surprisingly small portion of XRP’s total supply to support the transaction. Related Reading: XRP Price Still On Track For $1.5T Market Cap And 27% Crypto Market Dominance According to Crypto Eri’s calculations, the $4.2 trillion annual volume translates to approximately $11.5 billion in daily transaction value. To assess how much the altcoin would be needed to facilitate this, the analyst assumed a deliberately conservative scenario, with each token being used once every three minutes. This is significantly slower than XRP’s actual settlement capability of 3 to 5 seconds but was chosen to reflect the potential liquidity management constraints in real-world applications. With 86,400 seconds in a day and each transaction occupying about 80 seconds, each XRP could be used for up to 480 transactions daily. Moreover, at the current market price of $2.15, Crypto Eri calculated that one XRP could facilitate $1,032 worth of transactions per day. To process the estimated $11.5 billion in daily volume, this would need approximately 11.15 million XRP tokens. This figure is striking when compared to XRP’s circulating supply, which currently stands at around 58.82 billion tokens. Crypto Eri stated that just 0.0190% of this supply would be necessary to handle the calculated transaction volume, reinforcing the idea that XRP’s high velocity and reusability make it a possible efficient bridge asset. Overall, Crypto Eri’s Ripple-SWIFT analysis model presents a compelling case for XRP’s utility in the global payments space. Her calculations and projections have also sparked widespread engagement across the crypto community, with several independent researchers and members concurring with her assessment and contributing their data-driven models to validate the projections further. The Token Burn Rate Estimates For Trillion-Dollar Use Case As XRP’s potential utility in global finance is brought into focus by Crypto Eri, the market expert also offers new insight into XRP’s burn rate in terms of fees needed to facilitate a $5 trillion annual transaction volume. A crypto community member followed up on the analyst’s earlier Ripple and SWIFT calculations by asking how many of the token would be conservatively burned through transaction fees. Related Reading: Liquidity Levels Show XRP Price Is Headed Up, But Must Cross $2.40 First The analyst estimated that only 5,000 XRP would be permanently burned in the process—an astonishingly small figure considering the massive scale of value being transferred. The estimate assumes an average transaction size of $10,000, which would result in roughly 500 million transactions per year to reach the $5 trillion mark. Featured image from Getty Images, chart from Tradingview.com
XRP price started a fresh decline and tested the $2.080 zone. The price is now recovering and might aim for an upward move above the $2.20 resistance. XRP price started a decent upward move from the $2.080 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $2.140 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.20 resistance zone. XRP Price Eyes Recovery XRP price declined below the $2.250 and $2.20 levels, like Bitcoin and Ethereum. The price even declined below the $2.120 zone and tested the $2.080 support. A low was formed at $2.085 and the price is now attempting to recover. There was a move above the $2.10 and $2.120 levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $2.338 swing high to the $2.085 low. Besides, there is a short-term rising channel forming with support at $2.140 on the hourly chart of the XRP/USD pair. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.2120 level. It is close to the 50% Fib retracement level of the downward move from the $2.338 swing high to the $2.085 low. The next resistance is $2.250. A clear move above the $2.250 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.3650 in the near term. The next major hurdle for the bulls might be $2.420. Another Decline? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.140 level and the trend line. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.080 support. The next major support sits near the $2.020 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.150 and $2.120. Major Resistance Levels – $2.20 and $2.2120.