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XRP Price Prediction for June 2025: XRP Eyes $2.20 as Sellers Maintain Pressure

Irene Mukiri by Irene Mukiri
May 31, 2025
in Market, News, Price Analysis
Reading Time: 4 mins read
XRP price prediction for June 2025 XRP Eyes $2.20 as Sellers Maintain Pressure
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  • XRP forms lower highs and lows, confirming a persistent short-term bearish trend.
  • Volume surge hints at distribution as resistance at $2.22 proves hard to breach.
  • Derivatives and on-chain data signal cautious sentiment, limiting June’s upside.

As June 2025 kicks off, XRP finds itself in the middle of a complex price movement. The cryptocurrency is currently trading at $2.13, marking a modest retreat from its late March high above $3.00. 

Over the past week, XRP has seen a noticeable decline of over 8%, with a 2.66% drop in the last 24 hours alone. These figures paint a picture of persistent bearish pressure, despite intermittent signs of recovery. The broader crypto market is also showing signs of hesitation, and XRP’s price is reflecting that sentiment.

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Technical Outlook Remains Fragile Despite Volume Spike

XRP’s recent performance confirms a short-term downtrend. The token has consistently formed lower highs and lower lows, signaling continued weakness. Resistance near $2.22, which was tested during an intraday surge, has proven too strong for the bulls. 

Further resistance sits between $2.18 and $2.20, where the price previously consolidated before the latest slide. On the downside, support lies at $2.10, with stronger footing observed near $2.07. If these levels break, it could trigger a deeper correction.

XRP/USD daily price chart, Source: TradingView

Interestingly, volume surged to $3.54 billion over the last 24 hours. This spike suggests growing interest in XRP, although not necessarily from buyers. Increased volume during a price drop may signal heavy distribution or short positioning. The MACD histogram has flipped positive, hinting at weakening bearish strength. 

Still, both the MACD and Signal lines remain negative, casting doubt on a near-term reversal. The RSI stands at 37.37, placing XRP just above oversold territory. This could suggest a potential rebound, but further weakness would confirm a prolonged bearish phase.

Market Sentiment and Derivatives Paint a Cautious Picture

Source: Coinglass

On-chain data adds more weight to the bearish case. Net outflows have dominated since November 2024, highlighting continued sell-side activity. Even though there were brief inflow spikes, they were not sustained. A $175 million inflow in November stands out, but it failed to ignite long-term bullish momentum. Since then, the trend has remained negative.

Source: Coinanalyze

In the derivatives market, open interest across XRP contracts has dropped by over 5% in 24 hours. Binance leads the exchange share with $717 million, followed by Bybit and OKX. However, declining open interest suggests traders are closing positions, possibly expecting further price dips.

June Outlook: Limited Upside, Bearish Bias Lingers

Looking ahead, XRP’s price for June is forecasted by coincodex to hover around $2.20. The projected range spans from $2.08 to $2.41. However, expectations remain conservative, as momentum seems tilted toward the downside.

Tags: Price AnalysisRipple (XRP) News

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