XRP Price Holds Steady at $2.20 as Whale Selling Stops—Potential Breakout Toward $3.40

·

XRP is currently maintaining a stable position around $2.17**, continuing its consolidation phase that has characterized Q2 2025. On-chain data indicates a pause in whale sell-offs, while technical indicators suggest a potential bullish breakout toward **$3.40.

XRP Price Analysis: Range-Bound Movement

Key metrics now hint at an upcoming bullish reversal:

Undervaluation Signal: MVRV Z-Score at 2.13

Historically, XRP becomes overbought when the MVRV Z-score hits 3.45–6.72. The current lower score suggests undervaluation, potentially paving the way for accumulation and a rally.

Whale Activity Drops to Zero

👉 Discover how whale movements impact crypto markets

Macroeconomic Factors: Fed Rate Cuts on the Horizon

Speculation about Federal Reserve rate cuts in Q3 2025 could boost crypto demand. Lower borrowing costs often drive capital into risk assets like XRP.

Technical Indicators Turn Bullish

  1. Chaikin Money Flow (CMF): Above zero, approaching wedge breakout.
  2. MACD: Positive crossover confirms upward momentum.
  3. Key Resistance Levels:

    • Immediate: $2.25
    • Next: $2.69 (0.236 Fib level).

A breakout could target $3.40 (January 2025 high), with potential for new all-time highs later in 2025.

Risks to Consider

FAQs

Q: Why is XRP stuck in a narrow price range?
A: Low volatility and cautious investor sentiment have kept XRP between $2.00–$2.25, awaiting stronger catalysts.

Q: What does the MVRV Z-score indicate for XRP?
A: A score of 2.13 suggests XRP is undervalued, historically preceding price rallies.

Q: How might Fed rate cuts affect XRP?
A: Lower rates could increase crypto demand as investors seek higher-yielding assets.

👉 Learn more about trading XRP strategically

Conclusion

XRP’s stability, combined with bullish on-chain and technical signals, positions it for a potential run toward $3.40. Traders should monitor whale activity and macroeconomic developments closely.