XRP is showing signs of life again, jumping 4.75% to around $2.26 after bouncing off support near $2.15.
That move brings it right back to a key level it’s struggled with for weeks, the descending trendline that’s been keeping a lid on XRP price since mid-May.
It briefly climbed above $2.30 earlier in the day but couldn’t hold it. So far, this price action fits the pattern we’ve seen lately: buyers try to break out, but sellers step in before any real momentum builds.
Until XRP price breaks through that $2.30–$2.33 zone with strong follow-through, the sideways chop between $2.10 and $2.30 looks likely to continue.
What you'll learn 👉
What the Indicators Are Saying
| Indicator | Value | Signal |
| RSI | 52.243 | Neutral |
| Stochastic | 46.508 | Neutral |
| MACD | -0.019 | Sell |
| CCI | 58.9335 | Buy |
| ATR | 0.0968 | Low Volatility |
| Ultimate Oscillator | 50.85 | Neutral |
Most indicators are sitting on the fence. RSI and Stochastic are both hanging in neutral territory, they show no real conviction from either side. The MACD is still in the red, which points to lingering bearish pressure.
On the positive side, the CCI is leaning bullish, and hints at some underlying strength. Volatility is low right now, but that can often be the calm before a breakout.
Read Also: Ripple Didn’t Dump XRP – They Bought the Future While No One Was Looking
What Moving Averages Are Telling Us
Shorter-term averages like the MA20 and MA100 are holding up, giving bulls a bit of hope. For any real shift to happen, XRP needs to break above those levels and stay there.
But the longer-term moving averages, especially the 50-day and 200-day are still above the current price and flashing sell signals.
XRP Price Outlook For June 17
Bearish Case:
If XRP stalls below $2.30, the price could drift back toward $2.15 and if that breaks, $2.00 might be next.
Neutral Case:
XRP price might just keep moving sideways between $2.10 and $2.30 for now. That would mean more range-bound trading and continued consolidation around these levels.
Bullish Case:
If XRP can push above $2.33 with strong volume, we could see a move toward $2.50 or even $2.65. But for that to play out, buyers need to keep the momentum going and get a solid close above the descending trendline.
Right now, the market’s still stuck in a range, but there’s a slight bullish tilt creeping in. Traders are keeping a close eye to see if XRP can finally break out or if it’s gearing up for yet another rejection at resistance.
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