XRP in June 2025: Will the $2.1 Support Hold?

XRP in June 2025 faces selling pressure and reduced network activity, but ETFs and legal clarity offer hope.

On June 2, 2025, XRP is trading around $2.15, down 2.5% in the past 24 hours. This price drop occurs amid broader crypto market uncertainty, driven by concerns over trade tariffs and the Federal Reserve’s tight monetary policies. However, factors like legal clarity and XRP ETF support continue to offer hope for a mid-term price recovery. Technical analysis shows XRP holding key support between $2.10 and $2.20. A break below this could push prices toward $2.00 or even $1.79. Conversely, resistance lies between $2.30 and $2.34, and breaking this could signal a bullish reversal. Some analysts point to an inverse head-and-shoulders pattern, which, if confirmed, could drive prices to $2.62. A significant factor is the decline in XRP’s network activity. Daily active addresses have dropped over 90% since their March 2025 peak, indicating reduced transactional demand. This could add to bearish pressure, especially if the $2.10 support fails. On the positive side, the anticipated resolution of the SEC lawsuit against Ripple could boost investor confidence. XRP ETFs are also pivotal. The launch of XRP futures on the Chicago Mercantile Exchange (CME) and ongoing discussions about spot ETFs reflect growing institutional interest. These developments could drive demand in the mid-term. Additionally, the recent recognition of RLUSD (Ripple USD) as a crypto token under Dubai’s DFSA regime could enhance Ripple’s global adoption. Whale activity is notable, with some accumulating XRP while others sell for profits, contributing to short-term volatility. Rumors of Ripple potentially acquiring Circle, the issuer of USDC, could, if realized, significantly impact the market. Given these dynamics, XRP faces short-term bearish pressure, but mid-term prospects are bullish, supported by ETFs, legal clarity, and global adoption. Investors should monitor key support and resistance levels and macroeconomic developments. Ultimately, despite short-term challenges, XRP’s utility in cross-border payments and institutional support make it an attractive long-term investment. However, market volatility and competition from stablecoins could pose hurdles.