XRP rebounded above 3 dollars or market top? Analysis of the Crypto Ripple at June 23, 2025

Paroxysm of fear carried by a situation of potential conflagration in the Middle East

We are Tuesday, June 23, 2025 and the price of the XRP evolves around $ 2.

Our latest technical analysis of the XRP dates from April 29, 2025, while the assets evolved around 2.25 dollars. Since then, the XRP continues its progression in a fluctuation zone that we had identified as a possible reactive phase according to the Wyckoff diagram.

This hypothesis remains valid despite a global context strongly degraded by the multiple macroeconomic and geopolitical events which gradually weigh on the markets.

After an inflation which does not slowly slow down sufficiently to encourage the federal reserve to adopt a more flexible monetary policy, and in a context marked by the persistence of tensions linked to American customs duties, a new crisis emerges.

We now have to face a conflict in the Middle East, the magnitude of which grows with the intervention of the United States and the growing threats weighing on the stability of oil trade.

Buy The Crypto XRP with Kraken

We are in 2025, a year marked by the surrealism of an American presidential election which continues to make the headlines and to sow uncertainty in the markets, while maintaining Bitcoin and the main stock markets near their historic summits.

In this particularly complex context, we are interested in the cryptocurrency of the Ripple project, which seems to stagnate since the American election of the end of 2024. Would this apparent calm be the prelude to a storm in the coming weeks?

In terms of ranking, the XRP remains fourth in fourth place among cryptocurrencies. With a capitalization of $ 119.15 billion, he managed, against and against everything, to maintain himself in the $ 2 area.

Does the hypothesis of a reacting phase according to the Wyckoff diagram still remains valid?

We discussed the Wyckoff scheme at the end of April taking into account the low point made at the start of the same month at 1.61 dollars.

This benchmark is the most important since the hypothesis of a reactive phase is based on a range between 2 and 3 dollars with a Spring, an excess seller phase, a lowering trap catalyzed by the change of trade policy of the United States.

Consequently, if this level were to be crossed, the scenario would lose its meaning and it would be necessary to accept to rework the market according to the new data which will fit into the graphics.

The volumes are currently low and the range phase has achieved its objectives: reducing volatility, allowing Momentum indicators to cool, while bringing a market disinterest for this asset.

However, the XRP is still above 2 dollars, a zone above which it had only worked before 3 weeks in winter 2017/2018. He now displays a 29th consecutive week above the 2 dollars.

The mobile average at 50 weeks, after this long break, is now approaching prices, while strengthening the low range of the Range. He could therefore help draw the retest of 2 dollars that would fit perfectly into the Wyckoff diagram.

📈 Discover our selection of the best Perpetuals trading platforms

XRP course graph on a 3 -day scale: accumulation hypothesis

However, we could compete with the reactive scenario with a distribution that could establish a summit for the Crypto Ripple. It is an antithesis that can study, although volumes seem rather conducive to validating a consolidation before continuing the upward trend.

In a distribution scheme, which we had previously identified as the Spring could then be the warning sign of a weakness, or Sow (Sign of Weakness).

However, in standard distribution construction, this weakness occurs before a last excess bruise or UTAD (Upthrust after Distribution). Movement which has never been developed, unless to consider the summit of January 2025 as such, but this movement would appear far too early in consolidation.

Nevertheless, in the reality of the markets, theory and practice are rarely identical.

If an excess upward or downward before taking the opposite movement is at the heart of the Wyckoff scheme, we could consider a distribution by considering the summit in mid-May as a final hunting movement for liquidity above the summit carried out on March 19.

This movement marks a failure to continue upwards, marking the weakness of the XRP to revive. In this hypothesis, it would be necessary to break the hollow of April 7 to initiate the decline, which would then be confirmed by a lowering retest of the exit zone around the 2 dollars.

XRP course graph on a 3 -day scale: Distribution hypothesis

In summary, The XRP always seems to be registered in an accumulation phase, but the test in the course of the support located around the 2 dollars could prove to be decisive for the future. Are we going to attend a downstream break, with crossing of the Spring, or a bounce bounce, opening the way to a new impulse?

So, do you think that the Ripple crypto can relaunch above 3 dollars? Do not hesitate to give us your opinion in the comments.

Have a nice day and we meet next week for a new XRP analysis.

Zengo: the ultra-secure mobile wallet for your cryptos

Sources: tradingview, quince, glassnod

Analyst at Cryptoast Academy for several years, I have been carrying out an in -depth watch in the Crypto market to analyze the next narratives while keeping the financial markets to the eye.

Emmanuel Lazaro

175 articles