XRP Price Stabilizes Amidst Market Volatility

Edited by: Yuliya Shumai

As of June 20, 2025, XRP is trading at $2.12, down 2.3% from its previous close. The intraday high reached $2.18, with a low of $2.09.

Technical analysis indicates XRP is consolidating near its recent range's upper boundary, with bullish signals emerging as volatility decreases. The asset is forming within an ascending channel, hinting at a possible breakout. Support levels are at $2.14-$2.15, and resistance is at $2.18.

The cryptocurrency market is currently experiencing increased volatility. XRP's price is influenced by broader market trends, including Bitcoin's performance and regulatory developments. The U.S. government's proposal to establish a national cryptocurrency reserve, including XRP, is gaining attention.

Sources

  • CoinDesk

  • United States cryptocurrency reserve proposal

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