The XRP price action is drawing significant attention, as analysts highlight a distinct wave structure suggesting increased volatility ahead. According to technical patterns on the XRP chart, the cryptocurrency could soon face wild fluctuations on its potential path to retesting its all-time high and aiming for the $4 mark. XRP Wave Map Lays Out Path To A New ATH The XRP price is currently trading at $2.13 after enduring a months-long downtrend that has prevented any upward movement toward revisiting all-time highs. However, despite these momentum struggles, a certified crypto and Elliott Wave analyst, XForceGlobal, has boldly predicted on X (formerly Twitter) that XRP is on a clear path toward a $4 all-time high. Related Reading: XRP Price Could Hit $21 This Bull Cycle With 1.618 Fib Level As Next Target The analyst shared a detailed Elliott Wave chart of XRP, suggesting that while the digital asset is poised for a new ATH, it is also set to face significant volatility on its way to this price high. The chart illustrates a well-defined pattern of corrective and impulsive wave structures that signal both short-term turbulence and long-term bullish potential for XRP. XForceGlobal’s chart analysis begins by identifying a major correction that unfolded from XRP’s high in January through a low in April. This move is labeled with a complex wave formation, especially a double zigzag (W-X-Y), showing strong symmetry across multiple degrees of wave structures. Interestingly, the analyst notes that the precision of these wave structures aligns almost perfectly with classic Fibonacci extension levels on the way down, including the 61.8% and 100% retracements. This indicates that the corrective cycle followed a technically sound and predictable path, leading to the conclusion that the worst of the downtrend may be over, and XRP could be entering a new wave sequence with bullish implications. The chart analysis also highlights a critical accumulation zone marked between $1.84 and $2.25. This range coincides with Fibonacci Retracement thresholds and represents a crucial decision point in XRP’s price structure. Recently, XRP dipped into this zone and appears to be bouncing off it, potentially setting the stage for the next impulsive wave higher. Based on this setup, XForceGlobal forecasts an initial rally toward the $3.20 and $3.80 zone, followed by a short-term correction and then an eventual push toward a fresh ATH near $4 or higher. Analyst Predicts XRP Price In Next 3-6 Months A crypto market expert identified as ‘Steph is Crypto’ on X has declared that an XRP price explosion is imminent. The analyst shared a chart, predicting that the cryptocurrency could soon skyrocket to a jaw-dropping all-time high of $50. Related Reading: Crypto Analyst Says XRP Community Should Pay Attention To June 4-6, Here’s Why Notably, the chart indicates that this bullish projection will only occur after XRP crosses the $2.5 resistance threshold. From there, the path could see a steady ascent through $5, $10, and even $22, ultimately aiming for the ambitious $50 milestone. What’s even more striking is the timeline of this bullish forecast—— Steph predicts that XRP could achieve a $50 valuation within just 3 to 6 months. If realized, this would amount to an astonishing 2,280% increase from the current price of nearly $2.1 before the end of the year. Featured image from Getty Images, chart from Tradingview.com
The XRP price has now moved back into bearish territory after a remarkable run on the daily chart that had been signaling possible bullish momentum. Crypto analyst Master Ananda points this out in a post that shows a disturbing trend in the XRP price chart. If this continues, then the future of XRP, at least in the short term, has become even more uncertain, with bears fighting for more control. 4 Green Daily Closes Fall to Nothing After suffering a crash along with the rest of the crypto market, the XRP price had faced a recovery that seemed to have put it right back on track to rally again. This saw the first green daily close on the last day of May and then carried on into the new month of June. The first three days also closed in the green, leading to four consecutive daily green closes, which is usually bullish for the price. Related Reading: Bitcoin Price Crash Below $100,000 Still Possible: Analysts Issue Downtrend Warnings However, there was just another part of the trend that was not completed to show that this was a bullish move, and it has to do with volume. As Master Ananda pointed out, a spike in volume was expected as the XRP price put in a higher low. This would mean there is the momentum needed to push the price back up. But this was not the case as the volume plummeted and remained muted. The absence of this expected volume suggests there is weakness surrounding the XRP price, and this played out as the next day saw a red close for the altcoin for the first time in June. If this lack of momentum continues, then the price could continue to plummet. So far, there is now resistance mounting at the 0.382 Fibonacci level, which is $2.2959. This resistance would need to be cleared with a spike in volume if there is to be a recovery in the XRP price. Otherwise, it risks a fall back down to the 0.236 Fibonacci level, meaning the first steps toward falling below $2. Related Reading: XRP Price Could Hit $21 This Bull Cycle With 1.618 Fib Level As Next Target XRP Price Could Fall As Volumes Suffer Data from Coinglass shows how bad the XRP volume has been recently. So far in June, daily volume has remained well below $5 billion, reminiscent of the bear market figures whenever the price was falling. This also shows reduced participation from investors who are wary of entering the market during such conditions. Interestingly, though, open interest remains rather high, $3.94 billion, showing that crypto traders are actively betting on the XRP price. However, the majority are betting that the XRP price will continue to fall from here, with Coinglass data showing 52.75% of all positions being short compared to only 47.25% betting the price will increase. Featured image from Dall.E, chart from TradingView.com
Price action has formed a higher-low pattern with bullish momentum, though market caution persists.
Exchanges like Bybit and Binance saw the biggest hits, with Bybit alone accounting for nearly $354 million in liquidations.
A provocative claim by crypto researcher “Darkhorse” has reignited debate over whether Ripple Labs is quietly sidestepping a federal court injunction through a newly disclosed $300 million XRP treasury vehicle involving Asia-based mobility firm Webus International Ltd. “This new treasury setup allows @Ripple to bypass the injunction legally and cleanly,” Darkhorse declared in a post on X dated June 4. He contends that Ripple has found “the only route left by the Judge” by using an institutional structure that moves XRP through regulated intermediaries instead of selling it directly to investors. “It’s not just clever,” he wrote. “It’s compliant by design.” The setup in question was revealed in a recent Form 6-K filing by Webus, which outlined the creation of an XRP Treasury to be managed by Samara Alpha, an SEC-registered investment adviser. The program delegates full control of up to $300 million in XRP to Samara under a phased, regulated structure. While the filing stops short of stating where the XRP will come from, Darkhorse argues the intent is clear: Ripple can legally sell XRP to an SEC-facing intermediary like Samara, which then allocates it to a corporate client like Webus — all without violating the standing injunction. Related Reading: The Worst Case For XRP This Cycle? Just A Giga Rally To $19, Says Analyst “Ripple is enjoined from direct institutional sales without SEC clearance,” Darkhorse explained. “The workaround? Sell to regulated intermediaries (like Samara on behalf of Webus) with treasury agreements that are SEC-transparent and non-retail facing. It’s structured — not casual.” Is Ripple Bypassing The XRP Injunction? Veteran XRP commentator Jay Nisbett pushed back. “I just don’t see any of this as clever or bypassing anything — it’s just adoption,” he replied. Nisbett asserted that Ripple and Webus are not partners, that Webus is simply acquiring XRP like any other participant on the secondary market, and that the asset itself “has been ruled to be not a security in this context.” He added that holding XRP on a balance sheet isn’t the same as triggering a securities transaction. Darkhorse issued a sharp rebuttal. “You’re missing the mechanism,” he told Nisbett, laying out his argument in four parts. First, he emphasized that Webus did not just announce an intent to buy on the open market. “Webus filed via Form 6-K to publicly document a $300M XRP Treasury but not to simply buy on open markets. They delegated management to ‘Samara Alpha,’ an SEC-registered investment adviser, under a phased, regulated structure.” Related Reading: XRP Price Could Hit $21 This Bull Cycle With 1.618 Fib Level As Next Target Second, he argued that the core issue is Ripple’s inability to sell directly to institutions, which is where the intermediary comes in. “This structure is about creating compliant distance,” he wrote. “It’s not Ripple handing XRP to an investor — it’s routing via an SEC-registered manager who takes custody and executes under regulatory supervision.” Third, Darkhorse disputed Nisbett’s assertion that there’s no relationship between Ripple and Webus. “Check RippleNet corridors and prior Asia-Pacific mobility pilot cases,” he wrote. “Their ties to Ripple’s network and XRPL liquidity routes go back years. Just because it wasn’t front-page news doesn’t mean it didn’t happen.” Finally, he challenged the notion that Webus’s XRP holdings are merely passive. “ ‘Just holding on balance sheet’ is not automatic exemption,” he argued. “This is treasury deployment, not idle custody. The fact that Webus structured this through a delegated SEC-facing manager says they do consider XRP institutional risk a legal factor.” He concluded bluntly: “This isn’t Ripple dumping tokens on exchanges. It’s creating institutional conduits that comply while navigating around the injunction bottleneck.” Despite the detailed structure and SEC-facing components, Nisbett remained unmoved. “No I get what you’re saying… I just disagree in that mechanism being an unexpected event,” he wrote. “It’s just a natural maturation of the market and the market reacting to legislation hurdles as the market always has and will.” With Ripple still bound by Judge Torres’s 2024 permanent injunction — which prohibits direct institutional XRP sales unless registered — the debate hinges on whether the Webus structure constitutes indirect circumvention or lawful evolution. The SEC has yet to comment, and the court recently denied the parties’ request to vacate the injunction, calling it “procedurally improper.” At press time, XRP traded at $2.1989. Featured image created with DALL.E, chart from TradingView.com
XRP price started a fresh decline below the $2.20 zone. The price is now consolidating and might aim for a recovery wave above the $2.120 resistance. XRP price started a fresh decline below the $2.20 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2.192 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.120 resistance zone. XRP Price Dips To Support XRP price failed to gain pace for a move above the $2.220 level and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $0.2150 and $0.2120 levels. Besides, there was a break below a key bullish trend line with support at $2.192 on the hourly chart of the XRP/USD pair. Finally, the price tested the $2.050 zone. It is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $2.281 swing high to the $2.056 low. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.120 level. The first major resistance is near the $2.150 level. The next resistance is $2.1750. It is near the 50% Fib retracement level of the downward move from the $2.281 swing high to the $2.056 low. A clear move above the $2.1750 resistance might send the price toward the $2.20 resistance. Any more gains might send the price toward the $2.220 resistance or even $2.2420 in the near term. The next major hurdle for the bulls might be $2.250. More Losses? If XRP fails to clear the $2.15 resistance zone, it could start another decline. Initial support on the downside is near the $2.050 level. 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 – $2.050 and $2.020. Major Resistance Levels – $2.120 and $2.150.
XRP’s price action is currently exhibiting a back-and-forth pattern around $2.20, but an interesting technical analysis suggests it may soon leave this price level. A chart analysis posted by a crypto analyst on the social media platform X has given an interesting projection about XRP’s next move. By overlaying XRP’s current weekly chart with its explosive 2017 fractal, the analyst hints that the altcoin might be on the verge of a repeat performance that sends it far beyond its current price range. 2017 XRP Fractal Overlaid Technical analysis of XRP price action on the weekly timeframe reveals an interesting pattern that has been unfolding over multiple weeks. This interesting pattern began with the intense XRP price rally in Q4 2024, which eventually ended in a consolidation around $2, as seen in the current price action. This, in turn, has led to the formation of a flag pattern that is still playing out. Related Reading: Analyst Shows 3-Cycle Ride For XRP Price To Reach $46 The core of the analyst’s technical analysis lies in the uncanny resemblance between XRP’s present market structure and the bullish pattern that preceded the historic 2017 rally. As such, the analyst overlaid the 2017 fractal onto the current price action, revealing a formation that mirrors a giant bull flag, which is often interpreted as a technical continuation pattern. The analysis also places into focus XRP’s ongoing interaction with the 50-week exponential moving average (EMA) on the weekly candlestick timeframe. Back in 2017, this level acted as a support base for XRP’s vertical breakout. Now, the current pattern shows the cryptocurrency is once again consolidating directly above this moving average, which the analyst describes as the foundation of a giga bull flag. The resemblance doesn’t stop at price structure. The analyst also draws attention to the RSI behavior. Back in 2017, the RSI entered a flat compressed zone between two spikes on the weekly timeframe, a pattern that appears to be repeating today. The first RSI peak has already formed, and the current flattening phase suggests a possible second spike may soon follow, which could correlate with a breakout in price if the fractal stays valid. What To Expect If 2017 Fractal Plays Out Again? The implications are exciting if XRP follows the same trajectory as it did in 2017. The overlay suggests a price rally beyond $20, which would represent the biggest rally so far in XRP’s price history. The projected move would take XRP far beyond its 2018 all-time high of $3.40 and establish a new price floor above double digits for the cryptocurrency. This projection aligns with other projections in similar technical analyses from other cryptocurrency analysts. Related Reading: XRP Price Is Now Targeting $4 After Reversal From ‘Buy Zone’ At the time of writing, XRP is trading at $2.2, down by 2,3% in the past 24 hours. Whether or not XRP follows the 2017 pattern exactly remains to be seen, but the similarities in price behavior, RSI compression, and EMA support are difficult to dismiss. Featured image from Getty Images, chart from Tradingview.com
Three publicly traded companies are moving to hold XRP as part of their cash stash, putting real money behind their crypto bets. Webus International wants to set aside $300 million in XRP. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge VivoPower plans to use roughly $121 million. Wellgistics Health has earmarked $50 million. This marks a shift in how some firms think about keeping reserves, and it could change how they handle payments down the road. Webus International Plans Huge Reserve According to filings with the US Securities and Exchange Commission, Webus International aims to raise $300 million through non-equity funding. The company will tap its existing cash, credit lines backed by institutions, and support from shareholders. Companies are exploring the XRP treasury strategy: – Webus International: $300M – VivoPower: $121M – Wellgistics: $50M pic.twitter.com/C9rldXDdDG — Messari (@MessariCrypto) June 4, 2025 Once the money is in hand, Webus intends to buy XRP and hold it as part of its treasury. The plan comes with a partner: Samara Alpha Management. Webus says the altcoin will help the firm with global payment services. They think it can move value quickly across borders, and this treasury could back that. VivoPower’s XRP Ambition Based on reports, VivoPower is setting aside about $121 million to build its own XRP stash. The public announcement highlights a recent private placement led by Prince Abdulaziz bin Turki Abdulaziz Al Saud of Saudi Arabia. Most of the $121 million raised will go straight into the coin. VivoPower even wants to rebrand itself as the world’s first company focused on XRP. That’s a bold goal for a firm listed on Nasdaq. If everything goes to plan, XRP would play a big role in how VivoPower manages money and transactions. Wellgistics Health Joins Trend Wellgistics Health, a healthcare company you might not expect to dive into cryptocurrency, has its own $50 million set aside for XRP. The cash came in last month and is meant for PX (purchase and hold XRP) and to use XRP for real-time payments. Wellgistics says it wants to cut out delays and fees that come with old‐school payment methods. By sending and receiving XRP, the company believes it can move money faster when it pays vendors or gets paid by customers. It’s a sign that even outside tech or finance, firms see value in holding crypto. Related Reading: Bitcoin Scarcity May Spark Explosive Surge, Bank Study Shows Growing Interest Among Firms This trio isn’t alone. In December, Worksport said it would buy both XRP and Bitcoin, using 10% of its operating cash to build reserves. More recently, Ault Capital Group pledged $10 million to XRP this year to boost its move into financial services. On top of that, the US government mentioned XRP as one of the assets it might add to a digital asset stockpile. That’s a signal to private companies that holding XRP is worth a look. Featured image from Unsplash, chart from TradingView
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Wrapped versions of the tokens represent the original assets and offer compatibility with Base's protocol and decentralized finance applications.
The Ripple-related token faces mounting bearish pressure amid technical breakdown and increased selling volume.
XRP price started a fresh increase above the $2.220 resistance zone. The price is now consolidating and might aim for a move above the $2.250 resistance. XRP price started a fresh increase above the $2.220 zone. The price is now trading above $2.220 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.185 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.250 resistance zone. XRP Price Holds Support XRP price remained stable above the $2.050 support and started a decent upward move, beating Bitcoin and Ethereum. There was a move above the $0.2150 and $0.20 levels. The bulls were able to clear the $2.25 resistance zone. A high was formed at $2.2816 and the price is now correcting gains. The price dipped below the $2.25 level and the 50% Fib retracement level of the upward move from the $2.137 swing low to the $2.2816 high. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2.185 on the hourly chart of the XRP/USD pair. It is near the 61.8% Fib retracement level of the upward move from the $2.137 swing low to the $2.2816 high. On the upside, the price might face resistance near the $2.2320 level. The first major resistance is near the $2.250 level. The next resistance is $2.2850. A clear move above the $2.2850 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.380 in the near term. The next major hurdle for the bulls might be $2.40. Downside Break? If XRP fails to clear the $2.25 resistance zone, it could start another decline. Initial support on the downside is near the $2.20 level. The next major support is near the $2.1850 level. If there is a downside break and a close below the $2.1850 level, the price might continue to decline toward the $2.150 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 below the 50 level. Major Support Levels – $2.20 and $2.1850. Major Resistance Levels – $2.250 and $2.30.
According to expert analysts, the XRP price is showing renewed bullish momentum, with projections suggesting a potential rally to the 1.618 Fib at $21 this bull cycle. While this projection may seem ambitious, the analyst’s bullish outlook doesn’t stop there. Once XRP hits $21, it is expected to continue its upward trajectory toward its next target of $152. XRP Price Eyes Powerful Breakout To New Targets A recent technical analysis of XRP’s long-term price chart is igniting significant buzz in the crypto community, as the altcoin appears to be forming a familiar pattern that previously led to exponential gains. The chart, published by a well-known crypto expert, Javon Marks, suggests that XRP could be on the brink of a powerful price breakout, with expectations pointing toward the $21 price level and beyond. Related Reading: Wave Structure Puts XRP Price In The $18.22-$23.20 Range In The Short Term Marks’ analysis identifies two major symmetrical triangle formations in XRP’s price history—one that preceded its explosive rally in 2017 and another that concluded with a fresh breakout in 2024. In the earlier cycle, XRP surged thousands of percent after breaking out of its consolidation pattern, topping near the 2.272 Fibonacci level. This historical price movement is now being used to forecast what could come next for the altcoin. According to the chart, XRP recently rose to the 1.0 Fibonacci level near $3.31 but retraced back toward $2. If the current cycle mirrors the previous one, Marks predicts that the next significant level of interest lies at the 1.618 Fibonacci Extension level, which aligns with the $21 price target. Notably, a surge to this double-digit territory would represent an over 800% increase from current levels around $2.23. However, Marks’ optimistic projection does not stop there. Should XRP replicate the full extension it made in the past, the price is forecasted to reach the 2.272 Fibonacci level once again, this time sitting around a jaw-dropping $152. While this forecast may seem over the top, the analyst has shown strong confidence in XRP’s future price outlook, utilizing past price action as a blueprint and technical indicator to determine the altcoin’s upside potential. Analyst’s XRP Forecast Met With Skepticism On one hand, Marks’ bullish XRP price forecast was met with excitement, and on the other, the majority of crypto community members expressed doubts about the overly ambitious targets. The projection of a move to $21 and possibly even higher to $152 has been met with caution and skepticism among community members. Related Reading: Bullish Candle Formation Suggests The XRP Price Could Touch $22 While historical patterns can provide a roadmap to a potential price rally, critics responding to Marks’ analysis argue that reaching the triple-digit territory is virtually impossible for XRP currently. One member suggested that a more realistic target for the altcoin was between $13 and $20. Others questioned the feasibility of hitting these bullish targets within the proposed timeline, debating whether it could happen by the end of 2025 or even Q1 2026. Featured image from Getty Images, chart from Tradingview.com
Institutional interest in the XRP Ledger (XRPL) continues to grow, as does the number of scams exploiting the ecosystem. On June 4, Panos Mekras, co-founder of Anodos Finance, a leading DeFi platform built on XRPL, raised concerns over the proliferation of fraudulent projects piggybacking on the blockchain network’s growing visibility. In the X post, Mekras […]
The post XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role appeared first on CryptoSlate.
The move is indicative of rising institutional interest in Ripple’s XRP ecosystem as firms seek to integrate blockchain payments into their operations.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
XRP’s weekly structure has seldom looked as compressed as it does in the chart published this morning by independent analyst Maelius. The view pulls data from the BITSTAMP feed and applies a 50-period exponential moving average (EMA) in blue, currently tracking at roughly $1.78. This XRP Chart Screams 2017 Price is perched above that dynamic support zone at $2.25, adding 3.33% so far in the present weekly candle, and has spent the past four months knitting out what the analyst calls a “giga bull flag.” The flag is defined by a sequence of progressively lower weekly highs that stop just short of the $3.40 line and higher swing-lows that bottom near $1.61, creating a converging wedge whose lower edge and the rising EMA50 now coincide. Maelius overlays the 2017 XRP advance—scaled to the current log axis—to illustrate why the pattern matters. In the previous cycle the token erupted vertically once the flag was resolved, blasting from sub-dollar prices to a peak above $3.00 in a matter of weeks. Related Reading: XRP Sell-Off Rumors Swirl After Expert Questions Ripple’s War Chest The black schematic sketched on the right-hand margin recreates that move and projects it forward: once consolidation ends, the fractal implies a breakout first through the $4 shelf and ultimately into the double-digit territory. The label “XRP 2017” is pinned to the $19 mark, the level where the composite trace tops out on this overlay. Momentum data beneath the chart reinforce the comparison. The weekly Relative Strength Index (RSI) printed two pronounced peaks in the 2017 run, separated by a flat plateau; Maelius has marked those crests “1” and “2” on both the historical section and the current range. Related Reading: Crypto Analyst Says XRP Community Should Pay Attention To June 4-6, Here’s Why The first modern-cycle surge sent RSI briefly into the high-80s earlier this year and has since cooled back toward the mid-40s, a zone the analyst shades “FLAT.” An arrow then extends toward the mid-90s, signalling that Maelius expects at least one more momentum pulse before the structure is exhausted. From a purely technical perspective the most immediate levels to watch are the upper flag boundary near $2.50 and the EMA-anchored support around $1.80. A weekly close above the former would complete the flag and open the way to the $4.40 and $6.00 horizontals visible on the price scale, while a decisive break below $1.80 would invalidate the pattern and leave the market leaning on the $1.30 cluster where the EMA turned higher last year. Crucially, the analyst frames his outlook in risk-aware terms: even the “worst-case” scenario he sketches still includes one final impulse wave. “Worst case is there is only 1 impulse left. Bearish, right?!” he writes. As always, traders will be looking for confirmation from volume and broader market sentiment before treating the fractal as more than an instructive historical rhyme, but the chart makes clear that a single weekly candle settling above the $2.50 handle could be all it takes to remind participants of how quickly XRP has moved in the past. At press time, XRP traded at $2.23. Featured image created with DALLE, chart from TradingView.com
Despite institutional investors pulling back, XRP is demonstrating strength.
XRP price started a fresh increase above the $2.20 resistance zone. The price is now consolidating and might aim for a move above $2.30 resistance. XRP price started a fresh increase above the $2.20 zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another decline if it fails to clear the $2.30 level. XRP Price Eyes Fresh Gains XRP price remained stable above the $2.020 support and started a decent upward move, beating Bitcoin and Ethereum. There was a move above the $0.2120 and $0.220 levels. The bulls were able to clear the 50% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2081 low. Besides, there was a break above a key bearish trend line with resistance at $2.20 on the hourly chart of the XRP/USD pair. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.2850 level. It is near the 76.4% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2081 low. The first major resistance is near the $2.30 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 $2.3650 resistance or even $2.3850 in the near term. The next major hurdle for the bulls might be $2.40. Another Drop? If XRP fails to clear the $2.30 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 $2.20 level. If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.150 support. The next major support sits near the $2.120 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 $2.20. Major Resistance Levels – $2.2850 and $2.30.
XRP’s price is now looking to break above $2.20 again after inching a few moves upwards in the past 24 hours. Notably, the cryptocurrency’s price action has seen a volatile movement over the past week. After briefly rallying above $2.65 earlier in May, XRP failed to sustain its momentum, instead trending downwards until it rebounded at $2.10 on the last day of May. Amid this backdrop of price action, there have been discussions around the timing for the next major price movement for XRP. A fresh outlook by a crypto analyst suggests XRP investors should pay attention to June 3 to June 6. Crypto Analyst Predicts Timeline For XRP Bottom And Breakout A crypto analyst known pseudonymously as WatersAbove has drawn attention to specific calendar dates that could play important roles in XRP’s short-term and long-term price trajectories. Taking to the social media platform X to share his outlook, the analyst suggested that June 4th to 6th could mark the bottom for XRP before there is any significant upside. Related Reading: Wave Count Analysis Reveals The XRP Price Trigger Point For Take-Off However, aside from this bottom, what’s more important is the potential price manipulation that could take place within this period. According to the crypto analyst, this particular window between June 3 and June 6 will likely be characterized by market manipulation, as larger players may be attempting to shake out weak hands ahead of a more decisive rally. “In the meantime, watch out for this week ahead,” the analyst said. Although WatersAbove did not accompany the prediction with any technical chart, the confidence in his tone resonates among XRP investors who are closely watching these dates for signals of a bottom, as shown in the post’s comments. Straight Line Breakout To $10 For XRP What made the analyst’s prediction even more interesting was the projected price target and timing after the manipulation is over. According to the analyst, XRP could be on a straight-line trajectory to $10 by late July or early August, nearly a 5x move from current levels. This kind of breakout, if it occurs, would mirror XRP’s explosive run in Q4 2024 and also back in 2018. However, this time would require much more inflows that can be gotten from institutional backing. Related Reading: XRP Price Consolidates In Tight Bullish Compression Pattern, Why $5 Is Possible Interestingly, the analyst’s prediction is that the rally will start sometime around June 18 in a straight-line breakout manner. Although the prediction is bold, it’s not the first time such a target has been floated by long-time XRP supporters. According to a similar analysis by EGRAG CRYPTO, XRP is on the verge of a breakout to double digits in the coming months. Crypto analyst Dark Defender also highlighted a new wave structure that could send the XRP price towards the $18.22 to $23.20 price range in the short term. On the other hand, crypto analysts like Dr Cat (@DoctorCatX) are less bullish. Notably, the analyst’s technical analysis suggests that any bull run for XRP might be delayed until November 2025. At the time of writing, XRP is trading at $2.20, up by 1.63% in the past 24 hours. A surge to the analyst’s $10 price target would translate to a 350% increase from the current price. Featured image from Getty Images, chart from Tradingview.com
CoinRoutes chief executive Dave Weisberger detonated a fresh round of anxiety in the XRP market on Monday when he asked, on Scott Melker’s podcast, whether Ripple Labs could finance a takeover of Circle “for $10 to $20 billion” without off-loading roughly $10 billion in XRP. “Who’s going to buy the $10 billion worth of XRP they would need to sell out of their treasury?” Weisberger said, warning that a sudden supply surge could overwhelm order books and “hammer the price.” Is A XRP Sell-Off Conceivable? Within hours, pro-XRP attorney Fred Rispoli fired back on X. “I love @daveweisberger1, but on this point he is mcgloning so hard,” he wrote, invoking Bloomberg strategist Mike McGlone’s reputation for bearish hyperbole. “Just based on what I’m getting offered for my Ripple shares on the secondary market, I don’t think Ripple would even have to sell one XRP to buy Circle.” Rispoli agreed that Ripple cannot raise $10 billion in pure cash, yet insisted the company could “easily afford the acquisition for a mix of cash and debt” and a heavy equity-swap. Related Reading: $3 XRP Dream Delayed—No Bull Run Before November, Says Top Analyst When Weisberger replied that Circle’s board would likely demand hard dollars unless it accepted Ripple equity or XRP “without a haircut,” Rispoli dug in. “No way to get $10B in cash—and $10B is too high anyway,” he wrote, citing late-2024 private-research valuations that placed Ripple at $15 billion excluding its ~36 billion escrowed XRP. If Circle’s price tag fell to $7–9 billion, he said, Ripple could close with “$1–3 billion cash on hand, a heavy stock exchange, and debt,” especially with “all that GCC money sloshing around crypto world right now.” Rispoli conceded it would be “a reach” but “doable without meaningfully selling XRP.” Weisberger acknowledged the math—“That’s a reasonable analysis,” he wrote—yet cautioned that any price at the upper end of Rispoli’s range “could be some short-term pain for us XRP holders.” Ripple’s tender-offer buyback in January 2024 valued the company at $11.3 billion, disclosing more than $1 billion in cash and about $25 billion in digital assets—mostly XRP—on its books. The firm still controls roughly 52 billion XRP (about 40 percent of supply), though 36 billion sit in timed escrow releases, limiting immediate access. At today’s $2.20 spot price, the spendable portion is worth a little under $35 billion, but moving even a fraction quickly would collide with thin venue depth—a point Weisberger hammered home. Related Reading: Wave Count Analysis Reveals The XRP Price Trigger Point For Take-Off Ripple’s cash pile also shrank after its $1.25 billion purchase of prime broker Hidden Road in April, a deal settled with a blend of cash, equity and RLUSD stablecoins. That acquisition suggests the company prefers hybrid structures, bolstering Rispoli’s claim that Treasury XRP need not flood the market. Is Circle Even For Sale? The debate may be academic. Circle, issuer of USDC, has repeatedly declared it “not for sale” while marching toward a New York Stock Exchange listing that now targets a $7.2 billion valuation. Ripple’s rumored approach earlier this spring reportedly topped $5 billion, well below Weisberger’s stress case and within Rispoli’s “doable” band, but Circle rebuffed the talks and updated its S-1 two weeks later, enlarging the float rather than seeking a buyer. Strategically, Ripple already fields its own dollar-token RLUSD, launched in January and positioned by president Monica Long as “complementary to XRP, not a competitor.” Absorbing USDC’s issuer would instantly rocket Ripple towards the size of Tether. Even under Rispoli’s optimistic structure, Ripple might still need to liquidate several hundred million dollars’ worth of XRP for working capital and closing costs. At current volumes, unloading just 500 million XRP (≈ $1.1 billion) would equal half a week of global turnover—enough to distort price unless executed as private blocks. At press time, XRP traded at $2.19. Featured image created with DALL.E, chart from TradingView.com
The XRP Ledger (XRPL) recorded a drop in transaction volume in May 2025, even as institutional adoption of the blockchain network continues to rise. According to data from XPMarket, XRPL processed over 50.1 million transactions last month, down from 54.8 million in April. Despite the decline, active wallets rose to 278,362, up from 252,000 in […]
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The outlook remains positive with strategic partnerships expected to boost institutional adoption.
According to a recent video by angel investor and crypto influencer Armando Pantoja, many XRP holders feel stuck as rival coins keep climbing. He pointed out that focusing only on getting XRP to $10,000 misses the point. Instead, he urged people to look at returns and real uses. This shift in perspective could change how investors see the token’s potential. Related Reading: Pepe Makes It To Trump’s Feed—Is A Crypto Endorsement Next? Emphasis On ROI Based on reports, Pantoja noted that wanting XRP at $10,000 is unrealistic. He said you can get the same gains without waiting for that sky-high price. For example, Bitcoin would need to hit over $300,000 to triple your stake if you bought it at today’s levels. But XRP only needs to reach about $8 from its current trading price near $2.30 to yield the same ROI. That’s a big gap. If you bought XRP at $2.30, a move to $8 feels more achievable—for some, at least. While Bitcoin’s market cap towers over others, XRP’s total value is around 7% of that of Bitcoin’s. This smaller size means it could swing more on positive news. Should I sell all my $XRP for $BTC Just got back from #bitcoinconference2025 pic.twitter.com/CobVAasjbC — Armando Pantoja (@_TallGuyTycoon) May 30, 2025 Comparing Market Caps And Gains Bitcoin recently touched a new all-time high near $112,000. Meanwhile, XRP held around $2.30 in value. Investors pointed to this gap as proof that XRP had no momentum. But Pantoja reminded his audience that XRP climbed over 300% over the past year, while Bitcoin rose by 50% over the same period. Those figures show that past performance for XRP has outpaced Bitcoin’s in percentage terms. This is based on reports that track prices from June last year to now. Still, the wider market’s focus tends to follow Bitcoin’s chart. When BTC booms, altcoins often run too. But sometimes they trail behind or fall back harder. XRP’s Payment Use Case Based on reports around its network, XRP stands out for speed and cost. It can settle a payment in a matter of seconds and handle up to 1,500 transactions per second. That’s fast, especially when compared to the SWIFT network used by banks. Fees are low enough that moving funds across borders can cost mere pennies. Pantoja said this real-world utility is more valuable than hype. He urged investors to think about banks or money-service companies adopting XRP for cross-border transfers. Such adoption could drive demand more than price rumors ever will. Related Reading: Bitcoin Maxi Max Keiser Isn’t Buying The Hype Around New Crypto Holding Companies Investor Perspective And Risks Meanwhile, investors shouldn’t ignore risks. XRP still faces a legal fight with the US Securities and Exchange Commission. That uncertainty has made many traders wary. Bigger players in finance tend to wait until the case wraps up before making big moves. Featured image from Unsplash, chart from TradingView
The move opens doors to the usage of RLUSD in the Dubai agency's payments platform, Ripple said.
XRP’s open interest near $4 billion indicates intense speculative positioning, but history suggests the potential for a sharp rally if key catalysts align.
The XRP price may be on the verge of a significant breakout, according to a new wave count analysis combining the Elliott Wave Theory and the Wyckoff reaccumulation principles. After months of sideways trading and corrective movement, analysts have pinpointed a critical price level that could serve as a trigger point for XRP’s next leg higher. XRP Price Primed For Major Lift-Off From This Level A new analysis published by crypto analyst the ‘Charting Prodigy’ on X (formerly Twitter) suggests that the XRP price is following a clear Elliott Wave structure that began forming after the April lows this year. The price has completed Wave 1 of a new impulse cycle, followed by a WXY corrective Wave 2. Related Reading: XRP Price Risks Crash Below $2 As Correction Takes Hold, Here’s Why Recent price action also indicates that XRP is now entering sub-wave 3 of Macro Wave 5, which is typically the most powerful and extended wave in the cycle. The standout detail of Charting Prodigy’s analysis is the identified trigger level at $2.56. According to the expert’s analysis, a confirmed breakout above this critical trigger point could signal the start of a rapid markup phase, potentially propelling XRP toward the $2.9 to $3.4 range. The significance of this bullish target is supported by not only the Elliott Wave analysis but also the Wyckoff reaccumulation, Fibonacci extension targets, and the emergence of a bullish divergence forming on the Moving Average Convergence Divergence (MACD). Notably, the analyst points to a classic Wyckoff accumulation structure taking shape on the XRP price chart. He identified key phases such as Preliminary Support (PSY), Automatic Rally (AR), and Secondary Test (ST). The structure also included a “spring” phase and, most recently, a Last Point of Support (LPS). The emergence of these Wyckoff elements suggests that XRP has completed its reaccumulation and has entered the aforementioned markup phase, where price tends to go parabolic. The combination of these technical indicators and chart patterns also indicates that $2.65 is the level to watch as XRP makes its way up to price levels close to its former ATH. XRP Set For Double-Digit Target In 2 Weeks According to a new chart analysis by crypto analyst Egrag Crypto, XRP may be on the verge of a historic breakout. Presenting a 2-week price chart, the analyst highlights a macro bullish formation that could push XRP into double-digit territory—targeting $10, $18, $27, and even a whopping $55 in the months ahead. Related Reading: XRP Holds Midline Support That Has Led To Breakout In The Past, Why $2.9 Could Be Next Egrag Crypto’s chart draws attention to a long-standing macro ascending channel that XRP has respected since 2016. Past breakouts from similar setups have historically delivered exponential gains for the cryptocurrency. The key trigger, according to the analysis, is a decisive move above the 21-week timeframe. This same signal preceded XRP’s explosive rally in 2017 when it surged from under 1 cent to an all-time high of $3.84. Notably, the analysis emphasizes the importance of remaining within this macro ascending channel, indicating that as long as the lower trendline holds and the 21 EMA is breached, XRP’s bullish case remains intact. Featured image from Getty Images, chart from Tradingview.com
The daily XRP chart has slipped back into a state of suspended animation just when bulls needed decisive follow-through, according to the Ichimoku-centric assessment shared by crypto strategist Dr Cat (@DoctorCatX). “I would be surprised to see $3, let alone ATH in June,” the analyst wrote after posting the chart, lamenting that “the window of opportunity was missed” for both the dollar and Bitcoin pairs. XRP Bulls Miss Their Shot The chart Dr Cat circulated shows XRP-USD grinding along the lower edge of the kumo around $2.14 after a failed attempt to reclaim the flat Kijun-sen that has flattened near $2.35. Price action pierced the cloud top in early May on robust volume, but follow-through stalled and the token has now printed two consecutive closes back inside the cloud. The Tenkan-sen has curled beneath the Kijun-sen, signalling waning short-term momentum, while the Chikou span (lagging line) is trapped in overlapping candles—classic signs of neutrality rather than outright weakness, yet miles away from the bullish alignment required for an explosive trend. Dr Cat argues that Ichimoku bull markets do not emerge spontaneously; they “take a lot of time and effort,” typically at least one full 26-period rotation, to rebuild after a failed attack. “If the window of opportunity is missed and these conditions are not utilized, it’s not a good sign,” he cautioned, adding that the most optimistic scenario now implies “at least 1 standard 26-candles cycle to retry.” On a daily chart that translates to roughly a month, leaving any breakout attempt realistically postponed to July or August and, if momentum continues to lag, potentially November. Related Reading: XRP Multi-Timeframe Breakdown: Here’s What Comes Next Lower-timeframe data paint a harsher picture. The analyst points to “consistent selling pressure on lower medium timeframes without any sign of strength,” noting that XRP/BTC has sunk to the 2041-satoshi monthly support and is failing to bounce. The 2041 level—the exact value where the cloud thins dramatically later in the year—has become the fulcrum for Dr Cat’s broader thesis: if it holds through summer, the token could launch a thinner-cloud break in November when “the XRPBTC kumo is very thin and easy to break.” The medium-term stakes are clear on the weekly template, where Dr Cat says “there is nothing bullish.” The weekly kumo is widening in front of price, while the Tenkan-Kijun bear cross remains unresolved. Because trend-following traders typically want to see candle bodies and the Chikou span clear both the cloud and historical price structure, the current setup offers few immediate catalysts. Even so, the monthly view retains a more constructive look on the USD pair—a reminder that secular strength is not altogether lost, merely dormant. In the near term, the analyst sees a real danger of cascading toward $1.89, a price zone that coincides with the flat bottom of April’s cloud twist and a visible shelf of historical volume accumulation. Should that level give way, the chart offers scant support until the $1.70 region where the March spike tail began. Related Reading: XRP Set To Explode—But Only After This Plunge, Analyst Says Despite the downbeat tone Dr Cat stops short of declaring a bear market. “The good news is that 3D is still NOT ready to trend bearish at all on the USD pair,” he wrote, underscoring that closing prices have not yet delivered a decisive shift below the three-day Kijun-sen. If the token can hold cloud support into July, another push toward the upper cloud boundary near $2.40 could materialise. Only a clean break above that level, accompanied by a bullish Tenkan-Kijun cross and a Chikou span that punches above historical price, would force a reassessment of the $3 ceiling before year-end. For now, however, the roadmap remains one of patience. “All in all, my most bullish case expectation for June is neutral price action below ATH,” Dr Cat reiterated, positioning November—when the cloud on the XRP/BTC pair narrows to its thinnest width in years—as the next credible launch window. Until then, traders eyeing a resurgence must watch that 2041-satoshi floor and be prepared for several more weeks of sideways drift—or a sudden downside probe toward $1.89—before the larger trend declares its verdict. At press time, XRP traded at $2.17. Featured image created with DALL.E, chart from TradingView.com
The crypto market recorded $286 million in inflows, extending a seven-week streak that has added $10.9 billion to crypto investment products, according to CoinShares‘ weekly report. However, the overall value of assets under management slipped from $187 billion to $177 billion, reflecting recent market declines. CoinShares’ Head of Research, James Butterfill, pointed to growing economic uncertainty in […]
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The usually dominant global Bitcoin-based funds slumped to $8 million in net outflows as a 34-day streak for BlackRock's IBIT came to an end.