XRP, the digital asset powering Ripple’s global payments network, is currently trading above $2, maintaining a stable position in a market known for its volatility. Recent technical signals and on-chain data suggest that the token could be gearing up for a significant move, with some analysts projecting a potential rally toward $9.60—a 333% increase from current levels.
Current Market Overview
As of late June 2025, XRP is priced at approximately $2.18, showing resilience after several months of steady closes above the $2 mark since December 2024. This stability comes despite minor corrections, reflecting a broader trend of cautious optimism among investors .
Technical Analysis: Chart Patterns and Key Levels
Market analysts are closely watching XRP’s price action for signs of a breakout. According to chartist Javon Marks, XRP has already completed its initial breakout phase and is now consolidating, potentially setting the stage for a new upward leg. Marks points to a possible target of $9.60, which would represent a 333% gain if the current momentum holds.
Another respected analyst, EGRAG CRYPTO, highlights that XRP is forming a classic triangle pattern—a technical setup that often precedes sharp price movements. Historically, breakouts from such patterns occur between 75% and 95% of the pattern’s duration, suggesting that any major move could materialize between July and mid-September 2025.
Short-term, analyst CasiTrades notes that XRP must hold support at $2.145 and break through resistance at $2.25 to confirm bullish momentum. A successful breach could see the token targeting $2.69 in the near term.
Source: CasiTrades(X)
On-Chain Metrics: Whale Activity and Sentiment
On-chain data provides further insight into XRP’s current market dynamics. According to CryptoQuant, the 90-day moving average of large XRP transactions (so-called “whale flows”) turned positive in May 2025, reversing a previous downtrend. This shift is reminiscent of accumulation phases that have historically preceded major rallies.
Wallet statistics reinforce this trend: the number of addresses holding over 1 million XRP has reached an all-time high of 2,850, while wallets with more than 10,000 XRP have grown by 6.2% year-to-date, now totaling 306,000. These figures suggest growing confidence among large holders and long-term investors.
Sentiment and Legal Developments
Social sentiment around XRP has surged to a 17-day high, coinciding with a pause in Ripple’s ongoing legal case. This positive mood, combined with technical and on-chain signals, points to a market that is cautiously optimistic about XRP’s prospects in the coming months.
Looking Ahead: What to Watch
While some analysts are optimistic about a potential rally, others urge caution, noting that XRP’s price could remain in the $2.40–$2.60 range by the end of 2025 if market conditions remain stable and no major legal or regulatory shocks occur . The balance between technical setups, whale accumulation, and broader market sentiment will be key factors to monitor as the year progresses.
For more on XRP’s price and market trends, visit Coinbase, CryptoQuant
