By Nermeen Nabil Khear 
TLDR
- XRP has experienced two consecutive monthly losses, currently trading around $2.05-$2.09
- Analyst EGRAG Crypto predicts XRP could reach $27 in approximately 63 days (June 2025)
- Dark Defender identifies $2.222 as a key breakout level to watch
- Technical indicators show XRP in a “falling broadening wedge” pattern that typically precedes breakouts
- Price targets range from a conservative $5-$8 to an ambitious $27, requiring 1,191% growth from current levels
XRP (XRP) has been experiencing significant volatility in recent months, following broader crypto market trends. The digital asset is currently trading around $2.05-$2.09, having fallen from above $3 earlier this year. Despite this downward pressure, several prominent analysts remain bullish on XRP’s future price potential.
The altcoin is on track to record a second consecutive monthly loss. March 2025 showed a 3.16% decline, following February’s larger 29.33% drop that saw XRP lose the important $3 psychological mark.
This recent bearish trend marks the first time since December 2022 that XRP has posted back-to-back monthly losses. The downward movement has caused some concern among investors who were hoping for continued upward momentum.
Technical Analysis
Technical analysis shows XRP currently testing critical support around the $2 level. This price zone represents a key battleground between buyers and sellers that could determine the token’s short-term direction.
Market analyst EGRAG Crypto has maintained an ambitious target of $27 for XRP. Based on historical data and fractal analysis from the 2017 bull run, EGRAG believes this target could materialize within the next 63 days.
The analyst points to similarities between current market conditions and those seen in 2017. During that cycle, XRP consolidated for approximately 42 days before experiencing a breakout that led to a massive rally over 21 days.
From its lowest point to its all-time high in 2017-2018, XRP took exactly 9 weeks (63 days) to complete its bullish cycle. EGRAG believes this pattern could repeat, with June 2025 being the target timeframe for reaching $27.
Another respected analyst, Dark Defender, has identified $2.222 as a crucial resistance level. A breakout above this price point could trigger renewed bullish momentum and set the stage for higher prices.
Hi all!
I hope you are well! #XRP has touched our lowest Fibonacci level.
As stated, $2.222 is the key level and should be broken upwards.
We set $2.04 as our last Fibonacci level, and we can visit there again!
April-May will be hot, and our Targets of Wave 5 stand at… pic.twitter.com/j2JunirCkN
— Dark Defender (@DefendDark) March 30, 2025
Dark Defender notes that XRP has reached its lowest Fibonacci level after the recent decline. While he acknowledges the possibility of further dips toward $2.04, he maintains a target range of $5 to $8 for the completion of the current Elliott Wave structure.
The current Elliott Wave count suggests April and May could be particularly strong months for XRP. This forecast comes despite most traders adopting increasingly bearish stances in the short term.
The crypto Fear and Greed Index currently sits at a fear level of 24. Interestingly, Dark Defender views this extreme bearish sentiment as a potentially positive sign, suggesting it could set the stage for a surprise reversal.
Technical charts reveal the formation of a “falling broadening wedge” pattern for XRP. This pattern typically indicates growing instability and historically precedes significant breakout movements.
For bulls to regain control, XRP must first reclaim the $2.30 level before targeting more ambitious resistance zones. A decisive move above $2.50 would signal renewed bullish momentum and potentially confirm the start of the next leg up.
In the immediate term, traders are watching whether XRP can hold above the critical $2.00-$2.07 support zone. Failure to maintain this level could trigger additional selling pressure before any potential rebound.
The post XRP (XRP) Price: Technical Analysis Shows Potential for June 2025 Rally appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.