XRP is trading at $2.20 heading into the final days of June 2025, holding steady as analysts project a major upside in Q3. On-chain data shows large holders have halted their sell-offs, and key technical signals point toward a breakout that could take XRP back to its yearly high—or beyond.
XRP holds steady as breakout pressure builds
After struggling to breach $3 through most of Q2, XRP has consolidated around the $2.20 level. But analysts and on-chain indicators now suggest that this period of sideways movement may soon give way to explosive growth.
A Market Value to Realized Value (MVRV) Z-score of 2.13 shows that XRP is undervalued compared to historical peaks. According to Glassnode data, XRP typically becomes overvalued when the Z-score crosses 3.45. In contrast, January’s peak price of $3.25 saw a Z-score of 6.65—followed by a sharp correction.
This lower score today hints that XRP has more room to run before encountering significant resistance.
Whale sell pressure evaporates
CryptoQuant reports that Whale-to-Exchange transactions have dropped to zero—just days after 2,716 such transactions signaled heavy selling pressure. The halt in activity indicates whales are now holding rather than selling, a trend that often precedes upward moves.
Supporting this, the number of wallets holding over 1 million XRP has reached a 12-year high. Combined with rising active addresses, it appears institutional and large-scale investors are preparing for a long-term hold strategy.
- Whale-to-exchange transactions: 0 (down from 2,716)
- 1M+ XRP wallets: 2,708 (all-time high)
- Daily active addresses: ~295,000 (up from 40,000)
Technical outlook: Bullish momentum builds
From a charting perspective, XRP is positioned near a key breakout point:
- Chaikin Money Flow (CMF): Now above zero, indicating growing buy-side volume
- MACD: Bullish crossover in place, suggesting continued momentum
- Resistance levels: $2.25 (initial), $2.69 (Fibonacci 0.236), $3.40 (yearly high)
If XRP breaks above the current wedge pattern, traders could see rapid price movement toward the $3.40 range before Q3 ends. Some analysts even suggest a new all-time high is in sight if broader crypto markets remain bullish.
Fed rate cuts could fuel further gains
Macroeconomic trends are also playing a role. The possibility of a U.S. Fed rate cut between July and September has renewed risk appetite across markets. If confirmed, lower interest rates could push capital toward high-beta assets like cryptocurrencies—further supporting XRP’s price action.
Risks remain if selling resumes
While momentum is clearly bullish, risks persist. A resurgence in whale dumping or weak retail demand could invalidate the breakout scenario. A drop below $2.00 would test the 0.618 Fibonacci retracement at $1.54, a key support zone.
Key Takeaways
- XRP is trading at $2.20, with strong on-chain and technical signals suggesting a bullish Q3.
- Whale sell-offs have dropped to zero, indicating accumulation.
- Indicators like the CMF and MACD support a potential move toward $3.40.
- A Fed rate cut could provide the final push needed for a breakout.
MORE COVERAGE
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