XRP is showing promising signs of recovery as it tests crucial resistance levels, with bullish momentum gaining strength above $2.150. The cryptocurrency recently found support at $2.080, sparking optimism among traders. A rising channel formation on the hourly chart indicates potential upward movement if XRP can decisively break through the $2.20 resistance level. The immediate resistance to watch is near $2.2120, which aligns with the 50% Fibonacci retracement level of its recent decline from $2.338. Market participants are closely monitoring the $2.25 threshold, as a breakthrough could signal further gains. As of June 17, 2025, XRP''s price action suggests a possible upside if current momentum persists, making it a focal point for investors in the crypto market.
XRP Price Attempts Recovery Amid Key Resistance Levels
XRP shows signs of recovery after testing the $2.080 support level, with bullish momentum building above $2.150. A rising channel formation on the hourly chart suggests potential upside if the $2.20 resistance is breached.
The cryptocurrency faces immediate resistance NEAR $2.2120, corresponding to the 50% Fibonacci retracement level of its recent decline from $2.338. Market participants are watching for a decisive break above $2.250 to confirm the recovery''s sustainability.
Trading activity on Kraken indicates growing interest, though the broader market trend—mirroring Bitcoin and Ethereum''s movements—remains a crucial factor for XRP''s near-term trajectory.
Deaton Reveals Ripple SEC Path as XRP Whale Activity Surges
Attorney John Deaton''s latest analysis of the Ripple-SEC lawsuit highlights critical developments in the legal battle that has plagued XRP since December 2020. The sweeping nature of the SEC''s complaint has significantly disrupted Ripple''s business operations, with Deaton noting the absence of stablecoins as competition when XRP was first conceived in 2012.
Market activity tells a contrasting story. Whale transactions totaling $58 million signal strong institutional interest, while an audacious price prediction suggests a 462,800% rally potential. XRP Ledger activity remains robust despite ongoing crypto market volatility.
Deaton''s commentary on judicial strategy sparked debate, with the attorney clarifying his position on Ripple''s legal approach. "There''s a 70% chance she grants the relief requested," he stated, promising further analysis of the case''s pivotal next steps.
XRP Saves the Day? Influencer Released After Kidnappers Pity His Wallet
A 26-year-old cryptocurrency influencer and TikTok content creator was kidnapped in France last weekend, with captors demanding crypto for his release. The situation took an unexpected turn when the kidnappers, reportedly unimpressed by the victim''s XRP holdings, released him out of pity.
The incident underscores the bizarre intersection of crime and cryptocurrency culture. While details remain scarce, the case highlights the risks faced by public figures in the digital asset space—and the occasional absurdity of crypto-related crime.
Analyst Predicts XRP Breakout to $8 Amid Prolonged Consolidation
Crypto analyst Cantonese Cat has ignited bullish sentiment around XRP, suggesting the digital asset is primed for a significant breakout. During a June 15 livestream, the analyst dismissed XRP''s seven-month sideways trading as accumulation rather than stagnation, pointing to key technical indicators that signal impending volatility.
The chartist emphasized XRP''s persistent testing of a monthly Gann arc resistance level since late 2024, interpreting this as building energy for a parabolic move. "This thing has been going sideways for seven months," Cantonese Cat observed, "but the entire time, it''s just hugging this GAN line." His analysis suggests a clean break above current resistance could propel XRP to between $6 and $8, based on Fibonacci extension targets aligning with the next Gann arc level.
Further bolstering the bullish case, the analyst highlighted XRP''s breach of the monthly Ichimoku Cloud—a traditionally significant technical milestone. The prolonged consolidation near key support levels, combined with these technical breakthroughs, paints a picture of coiled potential rather than market indifference.
How XRP Price Will React to Ripple SEC Case as Experts Hint Delay
The protracted legal battle between Ripple Labs and the U.S. Securities and Exchange Commission may reach a critical juncture, though uncertainty lingers. A newly filed joint motion aims to conclude litigation that has loomed over the crypto sector since 2020.
Market participants are scrutinizing potential implications for XRP''s valuation, with analysts noting heightened volatility risks surrounding regulatory developments. The outcome could set precedents for how digital assets are classified and regulated moving forward.
Massive Achievement for Ripple as XRP Price Finally Awakens
Ripple''s network has experienced a significant resurgence, with active addresses surging to 1.12 million on June 9—a multi-month high. This uptick in user activity coincides with XRP''s impressive price performance, making it the top gainer among the top 10 altcoins.
The token rallied over 7% in a single day, briefly touching $2.32 before settling at $2.30. This marks a 10.5% recovery from Friday''s dip to $2.08 amid geopolitical tensions.
Analysts view the network activity spike as a bullish signal for adoption and future price trajectory. While still below its January 2025 peak, XRP''s recent momentum suggests renewed market confidence.
