XRP News Today: XRP Recovers After $5 Billion Drop, Eyes July 1 Escrow Unlock

XRP, the cryptocurrency associated with Ripple, is currently navigating through a period of uncertainty as it approaches the end of June 2025. This uncertainty is largely due to recent legal developments and shifting market dynamics. Judge Annalisa Torres' rejection of the joint motion filed by Ripple and the U.S. Securities and Exchange Commission (SEC) has caused a significant reaction from traders, leading to a temporary drop in XRP’s market cap by almost $5 billion. However, the asset quickly recovered and remained above the $2 support level, indicating that investors had anticipated this negative outcome and did not panic.

Market participants are now shifting their focus towards XRP’s technical position, upcoming token unlocks, and overall sentiment within the crypto space. These factors are expected to play a larger role in determining XRP’s near-term price movement as July 1 approaches. XRP is currently valued at $2.18, with a market cap of $128.91 billion. It has risen 3.85% from the previous day, showing a 24-hour volume of $3.11 billion. XRP’s dominance sits at 3.97%, up 1.34% from the previous day, demonstrating its continued relevance despite recent challenges.

While some analysts believe XRP is ready to pick a direction, its current technical outlook remains mixed. XRP continues to trade below its 200-day simple moving average, signaling a degree of bearish pressure. Recent trading sessions have demonstrated inconsistent momentum, with fewer than half closing in positive territory over the last month. This inconsistency highlights the absence of a clear directional trend.

A key event to expect is the scheduled release of one billion XRP from Ripple’s escrow, set for July 1. While this recurring release has become a standard feature of XRP’s tokenomics, the influx of new supply still holds the potential to influence price action. Experts believe the escrow system benefits XRP’s price. The digital asset’s inflation rate currently sits at 6.45%, and the upcoming unlock could contribute to selling pressure, especially if market investors remain cautious.

Investor sentiment toward XRP has improved, with data showing the highest positive sentiment in over 17 days. This follows uncertainty around Ripple’s unresolved lawsuit settlement with the SEC. While Bitcoin and Ethereum face declining retail interest, XRP is attracting renewed attention, partly due to expectations tied to DEX growth on the XRP Ledger (XRPL).

Technically, the RSI sits at 60.48, indicating neutral momentum alongside low trading volume. Heading into July 1, XRP is likely to trade between $2 and $2.2. Upcoming escrow unlock and market activity are serving as key factors influencing price direction. The forecast for XRP in July 2025 is based on a positive trend anticipated by market analysis. The predicted price range is between $2.09 and $2.42, indicating a potential for growth. This range suggests that while there is room for upward movement, the market is also prepared for some volatility. The beginning price for July 2025 is estimated at $2.1804, with a high of $2.4336 and a low of $1.8398. The average price for the month is projected to be $2.1681, providing a balanced view of the potential price movements.

The forecast for XRP on July 1, 2025, is part of a broader trend that has seen the cryptocurrency's price increase by 8% from the beginning of the year. As of June 28, 2025, XRP was trading at $2.19, with a forecasted price of $2.30 by the end of the year, representing a 5% increase from the current price. This trend is expected to continue into the first half of 2026, with the price climbing to $2.46 and then adding $0.55 to close the year at $3.01, a 38% increase from the current price. The forecast for the following years shows a steady increase, with the price expected to reach $3.50 by the end of 2032 and $4.09 by the end of 2034. This long-term outlook suggests that XRP has the potential for significant growth, driven by market demand and technological advancements.