Powered by
Markets and Prices

XRP Price Watch: Consolidation Continues Amid Falling Volume

This article was published more than a month ago. Some information may no longer be current.

XRP traded at $2.13 on June 21, 2025, supported by a market capitalization of $125.52 billion and a 24-hour trading volume of $1.83 billion. Price action ranged intraday between $2.09 and $2.17, reflecting tight consolidation amid broader market uncertainty.

WRITTEN BY
SHARE
XRP Price Watch: Consolidation Continues Amid Falling Volume

XRP

XRP’s 1-hour chart indicates a muted recovery attempt following a sharp intraday drop to $2.085, a level that established temporary support. Despite the minor bounce, the price failed to break decisively above the $2.14–$2.15 resistance zone, suggesting hesitant buying interest. Momentum remains fragile, with no strong continuation patterns forming, and the low- volume rally implies a lack of conviction from bullish participants.

XRP Price Watch: Consolidation Continues Amid Falling Volume
XRP/USDC via Binance on June 21, 2025, 1-hour chart.

The 4-hour chart reinforces the short-term downtrend, which began at $2.34 and has since resulted in a sequence of lower highs. Over the past three days, XRP has been trapped in a sideways structure, with notable indecision between bulls and bears. A volume spike during the June 19 dip to $2.085 suggests panic selling, yet no definitive reversal structure has emerged, keeping the short-term outlook neutral to bearish.

XRP Price Watch: Consolidation Continues Amid Falling Volume
XRP/USDC via Binance on June 21, 2025, 4-hour chart.

On the daily chart, XRP remains in a medium-term downtrend that started after the price peaked at $2.48. The token is currently hovering near $2.13, trading above key support at $2.06 but unable to establish a clear bullish stance. The formation of weak bullish candles and diminishing volume reflect a market that is either consolidating or losing steam. Until XRP breaks through $2.18 with strong follow-through, the daily trend remains skewed toward the downside.

XRP Price Watch: Consolidation Continues Amid Falling Volume
XRP/USDC via Binance on June 21, 2025, daily chart.

Oscillator readings present a mixed but predominantly neutral sentiment. The relative strength index ( RSI) stands at 42.52, indicating neither overbought nor oversold conditions. The Stochastic oscillator at 20.66 and the commodity channel index (CCI) at −87.91 both align with a neutral posture. Similarly, the average directional index (ADX) at 13.27 confirms a weak trend environment. Diverging from the neutral tone, the Awesome oscillator posts a bearish signal at −0.08247, while momentum is slightly bullish at −0.14401. The moving average convergence divergence ( MACD) level is at −0.03300, registering a bearish signal.

Moving averages (MAs) uniformly tilt bearish across short- to medium-term timeframes. The 10-period exponential moving average (EMA) and simple moving average (SMA) register at $2.16671 and $2.16252, respectively—both giving sell signals. This bearish alignment persists through the 20-, 30-, 50-, and 100-period EMAs and SMAs. Notably, only the 200-period EMA at $2.09689 issues a bullish signal, while its simple counterpart at $2.37786 remains in negative territory. This extensive bearish consensus in moving averages points out the continued downside pressure and cautions traders against premature bullish entries.

Bull Verdict:

A bullish scenario is plausible if XRP successfully defends the $2.06–$2.085 support zone and reclaims the $2.15 resistance with rising volume. Onchain metrics lend some optimism; notably, a significant drop in XRP reserves on Binance as of June 19 signals large-scale withdrawals, typically associated with accumulation and reduced short-term sell pressure. However, any bullish case demands confirmation through increased buyer activity and a break above key resistance zones.

Bear Verdict:

The prevailing technical structure leans bearish. XRP remains in a broader downtrend across all major timeframes, with uniformly negative signals from the majority of moving averages and oscillators. Onchain data reveals a spike in exchange inflows from large wallets between June 11–13, suggesting potential whale-driven sell pressure. Unless XRP can sustain a breakout above $2.15 with strong volume, further downside toward $2.06 or even $2.00 remains a high-probability scenario.