XRP is staying strong at $2.22, up 3.9% in the last 24 hours. Investors are now waiting for two big events – a possible spot XRP ETF approval and the final decision in Ripple’s long-running SEC case.
With companies like VivoPower investing millions and Ripple’s stablecoin RLUSD gaining attention, many are wondering: Is XRP ready to break past $2.50?
SEC Case – Almost Over?
Ripple’s battle with the SEC has been going on since 2020. But now it looks like things may finally be coming to an end. A key update is expected by June 16.
Back in 2023, Ripple had to pay a $125 million fine – which was a win considering the SEC wanted $2 billion. That decision gave investors more confidence.
But it hasn’t been all good news. A court recently refused to lift a ban on institutional XRP sales on May 15, which caused XRP to drop by 18 percent.
Insiders believe the case could wrap up soon. If that happens, it could push XRP’s price higher.
Big Investors and ETF Hype
There’s a lot of talk about a spot ETF for XRP. Coinpedia reports that Franklin Templeton’s application is under review, with a decision expected by June 17.
Meanwhile, VivoPower’s $121 million XRP investment, backed by a Saudi prince, shows that big institutions are trusting XRP more.
Demand is rising fast. XRP futures trading on platforms like CME and Nasdaq also add more credibility.
But not everything is perfect. CoinShares reported that $28.2 million was pulled out from XRP investment products last week. This shows that some big players are still being cautious.
Technical Analysis of XRP for June 2025
Right now, XRP is holding steady between $2.22 and $2.26, but it’s still 34 percent lower than its all-time high of $3.40 from January.
Currently, XRP is trading within the $2.00 to $2.50 range, as shown in the purple zone on the chart. It is also forming a declining wedge pattern, which typically signals a potential breakout. However, due to current market uncertainty and the decreasing reliability of chart patterns these days, it’s somewhat difficult to predict which direction the breakout might take.
Additionally, XRP is trading above its key 200-day moving average of $2.07, which is a positive sign. But trading volume is down by 16 percent, and network activity has also decreased—only about 4,400 daily active addresses compared to a peak of 15,800, according to FXStreet.
We believe that if XRP moves above $2.50, it could rally up to $2.82. On the other hand, if it falls below $2.00, it might drop as low as $1.68.
RLUSD – Making XRP More Useful
Ripple’s stablecoin RLUSD is gaining momentum. Dubai’s financial authority has approved it for use in things like cross-border payments and even real estate, says Brave New Coin.
Ripple also works with over 300 major financial institutions – including Santander and the Bhutan central bank. These deals show that XRP is becoming more useful for real-world finance.
Still, XRP faces tough competition from stablecoins like USDC, and its network activity is going down, which could be a concern.
Also Read – USDC vs. RLUSD vs. USDT – Key Differences and Why They Matter
The Bottom Line
XRP is holding strong around $2.22, and all eyes are on the upcoming ETF decision and the final word from the SEC.
If either of these turns out to be positive, we could see a big price jump. But if not, XRP may stay stuck in its current range or even fall.
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