XRP price coils below $2.30 as bearish structure limits upside momentum
XRP trades in tightening pattern as bulls struggle to regain momentum above key $2.22 pivot
XRP continues to trade within a narrowing range as of June 19, 2025, with price action caught in a symmetrical triangle and testing support near $2.10. Despite several intraday recovery attempts, the cryptocurrency has failed to reclaim the $2.30–$2.35 resistance zone.
Key highlights
- XRP consolidates within symmetrical triangle, capped below $2.30
- RSI and MACD show weakening momentum, EMAs point to continued downside risk
- A break below $2.08 could expose $1.91, while upside hinges on reclaiming $2.22
This repeated rejection underscores persistent selling pressure and signals a prolonged corrective phase, with traders closely monitoring for signs of directional breakout.
Consolidation deepens as indicators reflect indecision
The daily chart outlines a well-defined coiling structure, with lower highs meeting rising support near $2.05–$2.10. On the weekly scale, XRP is consolidating between the 0.382 and 0.5 Fibonacci retracement levels from the 2024 advance, with $2.15 marking the current midpoint. Attempts to break higher have been rejected by long wicks on recent candles, reflecting supply dominance near $2.30.
XRP price dynamics (Source: TradingView)
Momentum indicators remain mixed. The 4-hour RSI has dropped to the 40–45 zone, suggesting waning bullish strength, while the 30-minute MACD has flattened around the zero line. Bearish divergence previously identified has mostly played out, with current bullish divergence showing early signs of exhaustion. Exponential moving averages (20/50/100/200) remain compressed and above the current price, all sloping downward, reinforcing the overhead pressure.
Breakout awaits above $2.22, downside risk below $2.08
Shorter timeframes confirm a sequence of lower highs, including a recent rejection near $2.18. Bollinger Bands are narrowing, indicating a breakout is likely approaching. For now, support at $2.08–$2.10 is holding firm, but a breakdown beneath this range could drive price toward the 0.5 Fib retracement at $1.91, or lower to the 0.618 near $1.56.
Conversely, reclaiming $2.22–$2.24 would allow bulls to challenge $2.30 again. A close above that level could reinitiate bullish momentum toward $2.45. Until then, the trend remains neutral-to-bearish for the week ahead, with volume likely to determine the breakout direction.
In prior analysis, we emphasized the importance of the $2.30 resistance zone and warned that failure to reclaim it would likely result in continued range bound movement. That structure remains intact, and XRP’s current setup reinforces the need for a high-volume breakout above $2.22 to shift sentiment.
