- Despite recent positive developments in the Ripple ecosystem, XRP’s price has remained stagnant around $2.3.
- However, key technical indicators and rising on-chain activity suggest a strong potential for a breakout above $2.33, which could trigger a rally of over 70%.
Despite recent positive developments in the Ripple ecosystem and growing activity on the XRP Ledger (XRPL), XRP’s price remains stuck in consolidation around the $2.3 level, failing to respond to broader market optimism.
However, technical analysts and market observers are signaling a strong potential for an imminent breakout, which could propel XRP’s price by more than 70% if certain key levels are surpassed.
Technical Indicators Signal a Bullish Breakout
Renowned crypto analyst Dark Defender has identified critical technical signals pointing toward a bullish surge in XRP’s price. According to the analyst, a decisive daily candle close above $2.33 would be a major trigger for an upward rally. Supporting this view are several technical indicators:
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Relative Strength Index (RSI): Showing a steady upward trajectory, indicating growing buying pressure.
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Exponential Moving Averages (EMA): Firmly bullish, suggesting momentum is shifting in favor of buyers.
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Ichimoku Cloud: Poised to turn bullish soon, which could confirm a sustained upward trend.
Hi all! #XRP is on the verge of a breakout in the daily time frame.
We will see great moves above $2.33 candle closes!
RSI is Bullish, ✅
Exponential Moving Averages are Bullish!✅
Ichimoku Clouds, expected to turn Bullish ☑️We are ready for it.#XRPArmy #ripple pic.twitter.com/euiFudH2Et
— Dark Defender (@DefendDark) June 11, 2025
Similarly, EGRAG Crypto, another respected market analyst, describes the situation as a “Battle of the Battles,” emphasizing XRP’s position at a critical juncture. Chart patterns suggest a 70–80% probability of an upside breakout, with a 20–30% chance of downside movement. This level of statistical confidence underlines the growing anticipation among traders.
#XRP — Battle of the Battles! ⚔️
Why call it Battle of the Battles? Because we’re at a critical juncture — a major formation breakout. 📉📈 The probabilities are about 70-80% for an upside breakout, and 20-30% for a downside move.
The breakout is likely to be triggered by some… pic.twitter.com/Sd9o3pDLE5
— EGRAG CRYPTO (@egragcrypto) June 10, 2025
On-Chain Activity Boosts Bullish Case
Further strengthening the outlook, XRP’s active addresses have reached multi-month highs, indicating increased network usage and interest from investors. Higher on-chain activity often precedes significant price moves as it reflects genuine engagement within the ecosystem.
Ripple Ecosystem Progress Fuels Fundamentals
While XRP’s price remains range-bound, Ripple the company continues to expand and innovate, adding strong fundamentals to the mix:
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Institutional-Grade Products on XRPL: Ondo Finance recently launched its “Ondo Short-Term U.S. Government Treasuries” (OUSG) product on the XRP Ledger, providing institutions with better on-chain access to real-world assets.
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Digital Commercial Paper (DCP): This new initiative backed by U.S. Treasuries has launched on XRPL, aiming to improve market efficiency and accessibility. Managed by Guggenheim Treasury Services and tokenized via Zeconomy, DCP offers customizable maturities up to 397 days and has already seen over $280 million in issuance.
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Regulatory and Stablecoin Progress: Ripple’s regulatory approvals in Dubai and stablecoin projects like RLUSD bolster its long-term growth prospects.
These advancements paint a picture of an ecosystem growing stronger behind the scenes, even if the broader crypto market and XRP price movements remain subdued.
What’s Next for XRP?
Investors and traders are now watching for a clear breakout above the $2.33 resistance. Should XRP successfully close above this level on high volume, it could unlock significant buying momentum and push prices substantially higher, potentially delivering gains of 70% or more.
Until then, XRP is consolidating in a tight range between roughly $2.26 and $2.32, supported by a solid high-volume zone between $2.27 and $2.28. This range reflects ongoing market indecision, with participants cautiously awaiting confirmation of the next major price move.
Despite XRP’s recent price stagnation amid positive Ripple ecosystem updates, technical indicators and on-chain activity point toward a likely bullish breakout. The convergence of RSI, EMAs, and Ichimoku Clouds, alongside institutional product launches and growing network use, suggests that XRP may be poised for a significant rally once it breaks above $2.33.
Traders should watch this key level closely as it could signal the start of a new upward trend with potentially explosive gains.