Rising Range for XRP Hints at Strength and Possible Bullish Surge Ahead

XRP Holds Ground Near $2.14 as Market Braces for Macro Shifts

20 June 2025

XRP is maintaining stability near the top of its recent trading range, signaling bullish potential as volatility compresses ahead of key macroeconomic events.

The token tied to Ripple has found solid footing between $2.14 and $2.15, supported by strong trading volumes, while resistance remains firm around $2.18. This price action suggests XRP is consolidating within an ascending channel, possibly setting the stage for a breakout if broader market conditions cooperate.

Broader Market Drivers

Geopolitical Tensions: Ongoing conflicts in the Middle East have fueled risk-off sentiment in global markets, sparking liquidations across crypto. While assets like Cardano and Solana suffered declines exceeding 1%, XRP has held relatively steady, carving out a new range between $2.14 and $2.18.
Fed Uncertainty: Investors remain cautious ahead of the Federal Reserve’s upcoming interest rate decision, as diverging global economic policies heighten market unpredictability.
Historical Comparisons: Some analysts draw parallels to XRP’s 2017 consolidation phase, which preceded a dramatic 1,300% rally, fueling speculation about potential upside.
Investor Activity: Glassnode data reveals rising profit-taking in XRP, averaging $68.8 million daily, even as narrowing Bollinger Bands hint at a significant price move on the horizon.

Recent Price Action

In the past 24 hours, XRP traded within a 3.81% range, moving between $2.143 and $2.182. Early in the session, buyers stepped in strongly around $2.143, pushing nearly 50 million XRP in volume to defend that support level.

Multiple attempts to break through resistance between $2.179 and $2.182 were met with selling pressure. In the last trading hour, XRP slipped from a local high of $2.181 to $2.167—a 0.7% drop—amid a sharp rise in trading volume to 1.7 million units. However, the price quickly stabilized, forming a higher low that preserves the broader upward trend.

Technical Takeaways

XRP moved within a 3.81% range, spanning $2.143 to $2.182.
Solid support held at $2.143–$2.147 amid strong early-session volume.
Resistance at $2.179–$2.182 remains intact, marking the consolidation’s upper boundary.
An ascending channel pattern continues, with higher lows signaling bullish momentum.
A late-session pullback driven by a volume spike at $2.170 briefly broke support but quickly recovered to $2.167.
A small descending channel formed near session’s end, but the broader bullish trend remains valid as long as $2.14 holds.
Tightening Bollinger Bands and a neutral RSI at 52 indicate that volatility could soon return.

As macroeconomic decisions loom, traders are closely watching whether XRP can sustain its resilience and potentially break above resistance for a stronger upward move.