Ripple’s XRP has been one of the most closely watched cryptocurrencies in 2025, owing to its unique role in cross-border payments, its ongoing legal saga, and a surge in institutional interest. The week from 23 June to 29 June 2025 was marked by consolidation, cautious optimism, and technical signals that hint at a potential breakout. Here’s an in-depth look at XRP’s recent market performance, the factors shaping its price, and what the coming week might hold.
XRP Price Performance: 23–29 June 2025
XRP began the week trading at $2.014 on 23 June. Over the next seven days, it experienced a steady upward trajectory, closing at $2.186 on 29 June. The daily closing prices were: $2.014 (23 June), $2.164 (24 June), $2.189 (25 June), $2.184 (26 June), $2.106 (27 June), $2.141 (28 June), and $2.186 (29 June). This reflects a net gain of about 8.5% over the week, with the price consistently defending key support levels above $2.10.
Trading volumes remained healthy, with 24-hour turnover figures suggesting active accumulation and significant liquidity. The market capitalization hovered around $129 billion, approaching its previous highs, and XRP consistently ranked among the top five cryptocurrencies by market cap.
In the Indian market, XRP mirrored its global performance. The price in rupees ranged from approximately ₹186.83 to ₹192, with minor fluctuations driven primarily by the USD-INR exchange rate. This relative stability in INR terms further reinforced XRP’s appeal to Indian investors seeking exposure to global crypto trends.
Key Drivers and Market Sentiment
Several factors underpinned XRP’s performance during this week:
Legal Clarity: The withdrawal of the SEC’s cross-appeal on June 30, 2025, provided decisive regulatory clarity, confirming XRP’s non-security status for retail transactions. This final legal resolution removed a major overhang and unlocked renewed institutional and retail interest.
ETF Momentum: The launch of Nasdaq’s XRP Futures ETF and Brazil’s approval of a spot XRP ETF signaled growing global acceptance. These developments, along with CME’s Micro XRP Futures and VanEck’s MVDApp index, attracted significant institutional flows and contributed to bullish sentiment.
Technical Support: XRP consistently defended the 200-day EMA at $2.10, indicating strong buyer support. However, the 50-day EMA ($2.21) remained below the 100-day EMA ($2.23), forming a mild bearish crossover. This technical setup suggested a market in consolidation, awaiting a catalyst for a decisive move.
Despite the bullish backdrop, on-chain activity showed some weakness. Q1 transactions fell 37% and active addresses dropped 44% in late May, sparking debates about the gap between market hype and real-world utility. Yet, the overall sentiment remained optimistic, with 88% of market participants expressing a bullish outlook, although the Fear & Greed Index at 52 reflected a balanced mood.
Technical Analysis and Short-Term Outlook
XRP’s price action during the week was characterized by a tight squeeze between key moving averages, indicating that a breakout—either upward or downward—was imminent. The MACD showed a minor bullish crossover, but the lines hovered near the zero line, suggesting weak momentum. A clear breakout above the 100-day EMA ($2.23) was needed to confirm a shift toward sustained bullishness.
If XRP managed to close above $2.23 with strong volume, technical analysts predicted a short-term rally of 5–8%, potentially retesting the $2.30 mark in the first week of July. Conversely, a failure to hold above $2.10 could trigger a quick retest of $2.00. The critical support zone remained $2.05–$2.10, while resistance was clustered around $2.22–$2.23.
Predictions for the First Week of July 2025
Looking ahead, the consensus among analysts is cautiously optimistic. Most models forecast that XRP could increase by 5–8% and reach $2.30 by the first week of July, provided it sustains buying interest above $2.10 and breaks through the $2.23 resistance. The bullish scenario is supported by:
Institutional Accumulation: Continued inflows into ETFs and futures products.
Regulatory Clarity: The removal of legal uncertainty, which had previously suppressed price action.
Market Momentum: If the broader crypto market remains stable or bullish, XRP is well-positioned to benefit from sector-wide optimism.
However, risks remain. If bearish momentum returns, XRP could decline by 10–15% and revisit the $1.85 level. This would likely occur if the token fails to hold above its key support or if broader market sentiment turns risk-averse.
Medium-Term and Long-Term Outlook
Beyond the immediate week, the outlook for XRP in 2025 is broadly positive. The legal victory against the SEC has paved the way for greater institutional adoption and the potential for further ETF approvals. Some analysts predict that XRP could reach $3.00–$3.40 by Q3 2025, and even $5 or more by year-end, particularly if global regulatory environments remain favorable and adoption by financial institutions accelerates.
Nevertheless, there are caveats. While Ripple has partnerships with several major banks, the actual use of XRP as a bridge currency has not met some expectations. If adoption lags or if alternative blockchain solutions gain traction, demand for XRP could be tempered. Additionally, any resurgence of regulatory uncertainty or negative macroeconomic events could weigh on price performance.
Conclusion
The week of 23–29 June 2025 saw XRP consolidating above $2.10, buoyed by regulatory clarity, ETF momentum, and steady institutional interest. Technical signals point to an impending breakout, with a strong likelihood of testing the $2.30 level in early July if bullish momentum holds. The broader outlook for XRP remains positive, with the potential for significant gains in the months ahead, though investors should remain mindful of ongoing risks and the highly volatile nature of the crypto market.