- XRP trades at $2.15, down by 14.08% monthly, showing bearish momentum below its 50-day and 200-day moving averages.
- Daily volume fell by 27.73% to $2.9B, indicating weak market conviction despite 6.55M total XRP holders signaling long-term interest.
- RSI at 42.87 and MACD histogram at -0.0038 confirm mild bearish pressure; key support at $2.10 remains crucial for trend direction.
On June 14, at the time of writing, XRP was trading at $2.15, with a 2.67% daily gain. Despite the uptick, weekly and monthly performances remained negative, down by 1.19% and 14.08%, respectively.
The market cap is up by 2.75% to $126.85 billion, while the 24-hour trading volume declined sharply by 27.73%, settling at $2.9 billion. Notably, XRP is trading well below its May peak of approximately $2.75, indicating bearish conditions in the technical outlook.
Weak Momentum and Key Indicators
XRP remains subdued as volume indicators show no strong directional momentum. Daily volume at 17.5 million suggests that both bulls and bears lack conviction. Meanwhile, the RSI is at 42.87, under its signal line at 45.77, indicating mild bearish pressure. If RSI drops below 40, sellers may increase control.
The MACD also shows a bearish view. The MACD line is at -0.0256 while the signal line is slightly higher at -0.0218. The histogram reads -0.0038, a negative value that shows selling interest is still dominant, though the gap between the lines is narrowing.
Support at $2.10 Holds as Trend Weakens Further
Since mid-May, XRP has formed a series of lower highs, confirming a weakening bullish pattern. It is trading below both the 50-day and 200-day moving averages. The MA50 is near $2.22 and trending downward, while the MA200 is at $2.30, acting as strong resistance.
The inability to reclaim the $2.50 mark earlier in June adds to the cautious sentiment. XRP is now confined between two crucial bands: support at $2.10–$2.13 and resistance at $2.20–$2.30. Any sustained breach of these zones may lead to higher moves.
Market Activity Slows, but Adoption Continues to Climb
Trading activity has dropped significantly compared to early 2025, when daily volume often exceeded $6 billion. However, a steadily growing holder base offers a contrasting view. The total number of XRP holders has climbed to 6.55 million, showing steady adoption despite price swings.
This difference between growing user numbers and weakening short-term price action defines the current state of XRP. Although long-term sentiment might be improving, technical metrics still lean bearish, and volume remains a key missing piece for a rally.
Potential Price Scenarios
In a bullish case, XRP could rally toward $2.26–$2.30 if price clears $2.22 on strong volume. However, if $2.10 fails to hold, the token may drop to $2.00 or even $1.95. Overall, XRP market outlook is bearish with weakening momentum indicators.
Support is firm at $2.10, while resistance at $2.22 limits upside. Price is under both major moving averages, with volume declining sharply. The rising number of holders shows growing network interest, but near-term direction depends on upcoming price action relative to these levels.
