XRP News Today: XRP Gains 0.86% to $2.16 Amid Consolidation Phase

On June 20, 2025, the price of XRP, the cryptocurrency associated with Ripple, was observed to be around $2.16, indicating a 0.86% gain over the past 24 hours. This price point signifies a consolidation phase for XRP, which has been attempting to close above the 50-day Exponential Moving Average (EMA) at $2.24 but has encountered resistance.

Market analysts have offered diverse predictions for XRP's future price movements. One projection suggests that if Ripple secures partnerships with more than 50 central banks, the price of XRP could surge to $135.88, based on an $8 trillion market cap. This projection, however, is contingent on several significant assumptions and should be viewed with caution. Another analyst's forecast indicates that XRP could reach between $3.20 and $5.00 by the end of 2025, provided that bullish momentum aligns with favorable market conditions.

The current market sentiment for XRP is influenced by several factors, including regulatory developments and technical indicators. The price of XRP has been consolidating around the $2.15 level, with a potential correction that could extend the decline to retest its next daily support level at $1.96. Technical analysis suggests that XRP is attempting to test the resistance level near the $2.2065 area. The price forecast for the end of June 2025 is $2.1826, indicating a 2.0% change for the month. This forecast is based on the current market trends and technical indicators, which show a high price of $2.3439 and a low price of $1.9479. The averaged price for the month is projected to be $2.1538.

Despite the positive outlook, XRP has faced challenges, including a sharp rejection from the $2.32 resistance level, which has led to a decline toward the $2.14 level. This price movement highlights the volatility and uncertainty in the cryptocurrency market, where sudden shifts in sentiment can significantly impact prices. On the hourly chart, the price of XRP has made a false breakout of the formed support of $2.1336. However, if a bounce back does not happen, traders may expect an ongoing downward move to the $2.12 range. On the longer time frame, there are no reversal signals yet. If the daily bar closes near its low, there are high chances of seeing a test of the $2.10 zone soon. From the midterm point of view, the candle is about to close with a high wick, which is a bearish signal. If the breakout of the interim level of $2.10 happens, traders may expect a dump to the vital $2 area.

In summary, the price prediction for XRP on June 20, 2025, is influenced by a combination of technical analysis, regulatory developments, and market sentiment. While some analysts predict a bullish outlook with potential price targets of $25 or even $135.88, others remain cautious, highlighting the need for favorable market conditions and regulatory progress. The current price of XRP around $2.16 reflects a consolidation phase, with potential for both upward and downward movements in the near future. Bulls have failed to hold the initiative until the end of the day, according to CoinStats. XRP is trading at $2.14 at press time.