XRP Regains Strength, Eyes Key Resistance at $2.20
XRP is showing signs of recovery after falling to a weekly low of $1.94, now trading near $2.19 with a 2% gain over the past seven days. At press time, the cryptocurrency is changing hands at around 2.19 dollars, a 2% appreciation on a seven-day scale.
The break above the $2.18 resistance indicates that it is a positive technical recovery in the short-term, where XRP is able to surpass several short-term bearish lines on intraday charts.
However, analysts warn that the current upward momentum remains tentative. Taking back the 2.18 is good, but the next important test level is at 2.20. A conclusive daily close coming above this point should see openings to higher levels as June wears on.
XRP Forecast Averages $2.25 This June
The month started with XRP getting pressured as the crypto market showed weakness. A recent recovery in digital assets has already contained a blow, but volatility is high. Daily candle closes are being closely watched by market participants to determine whether the up trend is strong.
CoinCodex predictions indicate that XRP will trade at an average of 2.25 in June 2025, which is a small profit after the previous drops. The estimated trading is between a low of 2.12 and a high of 2.46, which translates to further volatility in prices. The resulting monthly expected returns at -12.26% indicates that the bear market is still in vogue, despite the recent upward trend.
Investor confidence has been dented by a 6.31% decline in the last 30 days. There is a debate among market watchers to suggest that the current trend of XRP merely represents the impending breakout, or precondition to retesting support levels once again. Admittedly, the overall technical picture is mixed.
XRP Eyes Break Above Downtrend Line
Crypto analyst and strategist EGRAG CRYPTO also added his analysis to the discussion, where he provided a breakdown of the chart of X in PreChat charts, indicating that important support is offered in the range of $1.71 to $1.90, and important resistance at the level of 2.20, 2.30, and 2.34.
The chart, which is presented using the 12-hour period, indicates that XRP is trying to push through a major downward trending line.
#XRP – Retest or Breakout? 🔍
If #XRP did not close a full daily candle above $2.20, then the price behavior is suggesting that $2.08 and $2.04 could serve as key retest zones 🌀.
⚪️Critical Resistance Targets (full body candles on daily):
▫️$2.20
▫️$2.30
▫️$2.34
▫️$2.48… https://t.co/FiARFojRZs pic.twitter.com/pIwceICN46— EGRAG CRYPTO (@egragcrypto) June 24, 2025
EGRAG believes that a daily close below critical support areas might give back control to the bears. On the other hand, a bullish confirmation would involve a strong close above defined resistance levels. An above-ground break of $2.65 has been marked as a macro-level target.
It is also indicated on the chart that a pivot zone exists at the 2.20 level with shaded boxes indicating a possible retest area of the price between 2.04 and 2.08. Below this pivot, XRP may pull down to lower supports in case it does not sustain strength.
As the market waits to see what happens, the analysts believe that XRP can make a U-turn to retest highs that range around, or perhaps more than, the $2.46 mark before the end of the month, provided it stays above critical points.