{"id":10071,"date":"2025-06-20T10:05:00","date_gmt":"2025-06-20T09:05:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=10071"},"modified":"2025-06-20T10:20:49","modified_gmt":"2025-06-20T09:20:49","slug":"unveiling-why-xrp-price-will-not-drop-below-2","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/unveiling-why-xrp-price-will-not-drop-below-2\/","title":{"rendered":"Unveiling Why XRP Price Will Not Drop Below $2"},"content":{"rendered":"\n

A Consolidation That Could Lead to a Bullish Momentum Similar to 2017 ?<\/h2>\n\n\n\n

While cryptocurrency prices are down today due to geopolitical tensions in the Middle East, XRP<\/a><\/strong> stands out with a modest drop of 0.3%<\/strong>, holding steady around $2.16<\/strong>. Assets like Cardano<\/a> (ADA)<\/strong> and Solana<\/a> (SOL)<\/strong> have dropped over 1%<\/strong>, while Ethereum (ETH) has also decreased by 0.7%<\/strong>, erasing some of its recent gains.<\/p>\n\n\n\n

After attempting to break through the resistance at $2.30<\/strong>, XRP was pushed back to $2.15<\/strong>, turning what seemed to be a bullish breakout into a false signal. This brief surge was fueled by whales<\/strong>, hopes of a settlement with the SEC, and a positive market sentiment, but this momentum quickly faded.<\/p>\n\n\n\n

XRP Stuck in a Narrow Range<\/h2>\n\n\n\n

Currently, XRP is stuck in a narrow range between $2.00 and $2.50<\/strong>. Analysts believe that a breakthrough above $2.50<\/strong> could target $3.50<\/strong>, but on the downside, the price could drop to $1.85<\/strong> or even lower. Technical indicators like the MACD show selling pressure<\/strong>. XRP is forming a symmetrical triangle, often a precursor to a significant move, either up or down.<\/p>\n\n\n\n

\"XRP<\/figure>\n\n\n\n

However, XRP has formed an ascending channel in the 4H chart and is currently at the bottom of this channel.<\/p>\n\n\n\n

To regain momentum, XRP needs to reclaim $2.206<\/strong> and break through the resistance around $2.18 – $2.21<\/strong>. A successful move above $2.236 could pave the way for $2.35<\/strong> and beyond. But if it falls below $2.113<\/strong>, XRP could retreat to support levels at $2.02, $1.92, or even $1.83<\/strong>.<\/p>\n\n\n\n

\"XRP<\/figure>\n\n\n\n

In the daily chart, the Fibonacci Bollinger Band is tightening, indicating a strong move is brewing. If XRP holds at $2 and breaks the $2.5<\/strong> resistance with volume, it will likely target the upper FBB at $3.31<\/strong> in the coming months.<\/p>\n\n\n\n

A Scenario Similar to 2017 ?<\/h2>\n\n\n\n

Over the past month, XRP<\/a> has oscillated between $2.05 and $2.40<\/strong>. Several analysts point out that the current setup resembles the price action of 2017, which led to a massive price surge to historic levels.<\/p>\n\n\n\n

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Technical chart analysis indicates XRP has been consolidating inside a $1.90\u2013$2.90 zone for nearly 200 days, with fractal patterns from 2017 pointing to potential breakouts anywhere between $3.70 pic.twitter.com\/YSA9yUOvbt<\/a><\/p>— Cryptix (@CryptixTM) June 19, 2025<\/a><\/blockquote>