XRP Jumps 11% With Eyes on $2.20, Analysts Split on What’s Next
- June 23, 2025
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XRP is pushing higher despite escalating global turmoil, surging 11% over the past 24 hours to reclaim the $2 mark.
The rally comes after a turbulent weekend driven by U.S. and Israeli military activity in the Middle East, which briefly pushed the token below key psychological support.
Now back above $2.17, XRP is testing fresh resistance levels with high-volume support holding at $1.97.
News Background
Price Action
XRP climbed from $1.967 to $2.173 over the past day, posting a 10.5% range with bullish momentum concentrated in the late session.
The decisive breakout came during the 22:00 hour with 217M volume — nearly 3x the average — establishing $2.06 as strong resistance.
Buyers first stepped in at $1.97 around 17:00 with 130M in volume, setting the foundation for the surge.
Price has since consolidated above $2.13, with $2.154–$2.156 emerging as a new support zone defended by bulls.
In the last hour, XRP rose 1.2%, closing near highs after fending off a quick 1.7% pullback at 04:07.
Volume peaked during upward movement (748K units), indicating likely accumulation rather than distribution.
Technical Analysis Recap