Ripple Technical Analysis: Market Trends in 11 of June 2025

Technical analysis of Ripple on June 11, 2025, evaluates key support/resistance levels and indicators to forecast market trends.

As of June 11, 2025, Ripple (XRP) is trading at approximately $2.32, consolidating after peaking at $3.37 in January 2025. Ripple’s role in international payments and upcoming developments, such as the Ethereum Virtual Machine sidechain, keep it in the spotlight for technical analysts. Technical analysis reveals a long-term bullish structure, supported by an ascending channel in monthly timeframes. In the short term, the price is oscillating within a consolidation range between $2.15 and $2.60. The key resistance zone lies between $2.45 and $2.60, where recent selling pressure has been observed. A breakout above this level could drive the price toward $3.40. Key support levels are found between $2.05 and $2.15, aligned with fair value gaps (FVG) in the 4-hour timeframe. This zone has previously acted as strong demand and recently prevented further declines. Should this support fail, the next level is around $1.80. The Relative Strength Index (RSI) on the daily chart is at 41, indicating near-oversold conditions, which could signal a potential price reversal. However, Bollinger Bands show price compression, with the current price below the midline (20-day moving average), suggesting bearish pressure. The 50-day and 200-day moving averages (MA50 and MA200) are converging, with MA50 acting as dynamic support around $2.30. A symmetrical triangle pattern is visible on the daily timeframe, indicating a potential significant price move, though the direction depends on a breakout above resistance or below support. Declining trading volume in this consolidation range suggests the market is awaiting a catalyst. Traders should monitor for a volume spike to confirm the next move. In Elliott Wave analysis, Ripple may be completing a corrective wave, with the next bullish wave potentially pushing prices toward $4.00–$8.00. Factors like potential ETF approval in 2025 and network upgrades could serve as bullish catalysts. Overall, Ripple may face a short-term correction toward $2.05, but its medium- to long-term outlook remains bullish. Traders should closely monitor key levels and indicators for precise decision-making.