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XRP Price Prediction for June 03, 2025: Support Holds as Momentum Weakens

Munene Timothy by Munene Timothy
June 2, 2025
in Binance Feed, Market, News, Price Analysis
Reading Time: 4 mins read
XRP Price Prediction for June 03, 2025 Support Holds as Momentum Weakens
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  • XRP faces downward pressure, trading below $2.25 and $2.31 MAs, with a death cross indicating sustained bearish momentum.
  • On-chain user activity has dropped majorly, limiting short-term recovery potential despite a rising holder base.
  • Price near $2.15 support; a breakdown may lead to losses toward $2.05 or $1.90 unless volume and engagement rebound.

XRP’s price continues to lag behind broader market gains as it trades just above a key support area near $2.15. Despite a strong end of 2024 in December, when XRP touched a high of $3.50, the asset has since retraced sharply. 

At press time, on May 2, XRP was trading at $2.17, a 7.55% weekly drop and 1.96% monthly decline. Compared to Bitcoin’s 15% rise this year, XRP is in a bearish cycle. The price is where it began the year, a persistent underperformance. This stagnation aligns with a declining on-chain user base, suggesting short-term pressure continues to weigh on the asset.

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Descending Channel Pressures Price Below MAs

Since January’s peak, XRP has formed a descending pattern, creating lower highs and lower lows over time. A breakout attempt in late April stalled around $2.70, leading to further losses through May. 

XRP price dynamics chart, Source: Santiment

Currently, XRP is below both the 50-day and 200-day moving averages, which is at $2.25 and $2.31 respectively. The formation of a death cross, where the 50-day MA drops below the 200-day, confirms a prolonged downward bias.

This pattern shows consistent profit-taking from the February peak of $3.38 to the current level. Additionally, the current price continues to test the $2.15 level, which acted as resistance in March. If broken, this could accelerate losses further into early June.

Weak Momentum Confirmed by RSI and MACD Levels

The RSI is at 40.44, approaching the oversold level of 30. While not yet extreme, it suggests weakening momentum. Furthermore, the MACD shows a growing gap between the MACD line and the signal line, both in negative territory. This divergence emphasizes bearish pressure as buyers remain cautious.

XRP/USDT 1-day price chart, Source: TradingView

Trading volume has declined, confirming a lack of demand near current levels. A rise in volume will be needed to support any potential rebound. Additionally, Daily Active Addresses have dropped substantially since March, indicating reduced user interaction on the network.

Holder Base Rises Amid Lower User Activity

Despite falling short-term metrics, the total number of XRP holders continues to climb, now reaching 6.52 million addresses. This trend suggests that while activity slows, long-term investors are still accumulating. However, declining daily engagement could prevent short-term recovery, especially if broader sentiment remains weak.

Potential Price Ranges for June 03, 2025

On the upside, if XRP maintains support between $2.15 and $2.17, it could rebound to test resistance around $2.25. A further rise may push the price to $2.30 if volume improves. However, failure to hold $2.15 could lead to a drop toward $2.05, and possibly $1.90, especially if address activity keeps falling.

Overall, XRP trades under pressure with sustained bearish signals from trendlines, momentum indicators, and on-chain metrics. Price is locked under key moving averages, while reduced user activity limits upside. However, steady growth in holder count shows continued long-term interest. Market direction will depend on XRP’s reaction at the $2.15 level.

Tags: Price AnalysisRipple (XRP) News

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