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XRP Price Prediction for June 06 2025: Bulls Defend Key $2.10 Support Zone

Munene Timothy by Munene Timothy
June 5, 2025
in Market, News, Price Analysis
Reading Time: 4 mins read
XRP Price Prediction for June 06 2025 Bulls Defend Key $2.10 Support Zone
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  • XRP trades below both 50- and 200-day MAs, indicating short-term bearish momentum and technical weakness.
  • Daily Active Addresses fall to 11.5K, showing reduced interest, but total holders rise to 6.53M, indicating long-term confidence.
  • XRP may rebound to $2.30–$2.46 if support holds and activity rises, but a break below $2.10 risks drop to $2.00 or $1.85.

XRP is facing pressure as it trades around an important support zone. On June 5, 2025, at the time of writing, XRP was trading at $2.18, down by 2.25% in the past 24 hours. Over the past week, it dropped 4.17%, although it gained 4.01% over the month. 

The market cap is at $128.6 billion, down by 2.29%, while the 24-hour trading volume dropped 17.12% to $1.99 billion. The current price indicates a broader correction from its February peak near $3.387. Since that high, XRP has had continued selling pressure with multiple failed recovery attempts. 

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Bearish Crossover and Price Below Key Averages

XRP is now trading below both its 50-day and 200-day moving averages, both meeting around $2.31. This pattern shows bearish momentum, as per the technical configuration. 

XRP price dynamics chart, Source: Santiment

Notably, a recent crossover of the MA50 below the MA200 shows increased short-term weakness. Without fresh buying interest or external factors, the token is vulnerable to further declines. 

The market has also shown low volatility, with June 5’s candle closing slightly lower at $2.1889 from its open at $2.2009. The day’s range stayed tight between $2.2147 and $2.1858, showing limited directional conviction.

Bollinger Bands and Volume 

XRP is trading below the middle Bollinger Band at $2.2891 and close to the lower band at $2.1149. This setup suggests mild bearish pressure as the price approaches potential support. Volume levels are stable, with 20.1 million tokens exchanged, but no surge has occurred to confirm a trend. 

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

Meanwhile, XRP’s MVRV Z-Score is at 28.9851. This value places it within a neutral range, between the overvalued zone at 58.5976 and undervalued at 7.0728. This suggests the  market is holding strong, awaiting a stronger signal before committing.

Address Activity Declines While Holder Count Grows

As per Santiment, there has been a drop in Daily Active Addresses (DAA), now down to 11.5K from a peak earlier in March. This decline indicates reduced short-term interest or ongoing consolidation. 

However, the total number of holders has climbed to 6.53 million, showing consistent growth. This steady increase in holder count may reflect long-term positioning despite the short-term weakness. If the support between $2.00 and $2.10 holds, it could establish the base for an upcoming shift.

Potential Price Targets for June 06 2025

On the upside, XRP may target $2.30 to $2.46 if buying pressure resumes and DAA rises above 20K. However, if $2.10 breaks, XRP could drop toward $2.00 or possibly $1.85, especially with persistent low activity.

XRP trades within a consolidation zone marked by technical weakness but steady long-term support. The bearish crossover, lower DAA, and proximity to support levels underline short-term caution. However, rising holder counts and stable market outlook shows resilience that could influence the asset’s next move.

Tags: Price AnalysisRipple (XRP) News

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