According to @KookCapitalLLC, while XRP has rallied significantly to trade above $2, it faces considerable selling pressure as early investors take profits. On-chain data from Glassnode reveals the 7-day moving average of realized profits reached a one-year high of $68.8 million, explaining the strong resistance near the $2.20 price level. Despite this near-term headwind, Ripple is strengthening the XRP ecosystem by integrating the Wormhole cross-chain protocol with the XRP Ledger (XRPL). This strategic move, cited by Ripple CTO David Schwartz, aims to facilitate institutional adoption by enabling seamless asset transfers of XRP, stablecoins, and tokenized real-world assets (RWAs) across over 35 blockchains, including Ethereum (ETH) and Solana (SOL). However, a broader market analysis from CryptoQuant indicates a significant capital outflow from altcoins, suggesting that while XRP has strong fundamentals, a wider 'altseason' may not be imminent.

According to @CryptoMichNL, XRP is consolidating within a tightening trading range near $2.15, signaling a potential breakout as technical indicators show decreasing volatility. The analysis highlights firm support for XRP (XRP) around the 38.2% Fibonacci retracement level, with key support identified at $2.133 and resistance near $2.186. Flat RSI and MACD indicators further suggest a pre-breakout structure is forming. In parallel, Toncoin (TON) has successfully moved past the $3.00 milestone after establishing a strong support base between $2.94 and $2.96. The source notes that this upward move was supported by significant trading volume, with a new support zone forming between $3.00 and $3.01, confirming the strength of its current uptrend.

According to @AltcoinGordon, XRP is experiencing a tightening trading range near $2.15, signaling a potential breakout as the market consolidates. Technical analysis shows XRP is in an extended accumulation phase with firm support at the 38.2% Fibonacci retracement level of $2.152. Key levels for traders to watch are support at $2.133, which held on above-average volume, and resistance near $2.186. The token's 24-hour trading range was narrow, from $2.135 to $2.186, with flat RSI and MACD indicators suggesting a breakout setup is forming. While the ongoing SEC case and broader macroeconomic tensions remain factors, the current technical compression indicates a significant price move could be imminent.

According to @RhythmicAnalyst, XRP has demonstrated strong resilience by reclaiming the $2.00 level after a sharp dip to $1.91, supported by a V-shaped recovery and a massive surge in futures volume to nearly $4 billion, suggesting renewed institutional interest. The analysis notes that while this short-term momentum is bullish, with traders watching the $2.14 resistance, there are significant bearish signals on the horizon. XRP is reportedly trading at the lower end of the Ichimoku cloud and has already confirmed a 'death cross' (50-day SMA below 200-day SMA). A break below the cloud could mirror Dogecoin's (DOGE) recent bearish shift and push XRP towards the $1.60 support level. Concurrently, Bitcoin (BTC) is at a critical juncture, retesting its 50-day SMA for a third time. While this level has previously served as support, weakening bounces suggest bull fatigue, and a failure to hold could trigger a slide below $100,000.

According to Omkar Godbole, XRP's 30-day annualized realized volatility has dropped to 44%, the lowest since November 2016, based on TradingView data. This decline stems from prolonged range-bound trading between $2 and $2.60, mirroring Bitcoin's stability near $100,000 to $110,000. Godbole notes that volatility is mean-reverting, but the current level remains above the 15-30% historical bottom range, indicating potential for future price turbulence and breakout opportunities.

According to Mihir (@RhythmicAnalyst) on Twitter, XRP has reached a significant support level, indicating that bearish momentum may be slowing and the asset is not considered 'dead' yet (source: Twitter, June 22, 2025). For active traders, this support zone could provide a potential buying opportunity or a level to watch for a trend reversal. Monitoring price action near this support is crucial for short-term XRP trading strategies.

According to @ai_9684xtpa, 70% of altcoins currently have more long positions than short positions, indicating a bullish sentiment across the crypto market. Leading tokens with the highest long/short ratios include TRUMP, DOT, LINK, XRP, and MELANIA, suggesting traders expect upward price movement in these assets. In contrast, TAIKO, MKR, HYPE, and BTC display the lowest long/short ratios, hinting at increased short interest or caution among traders. This distribution of positions provides actionable insights for traders seeking to align with prevailing market sentiment and identify potential reversal opportunities. Source: @ai_9684xtpa

According to Gordon (@AltcoinGordon), XRP is currently trading within a wedge pattern, and a confirmed breakout could trigger a significant price move. Chart analysis indicates that wedge breakouts in XRP have historically led to high volatility and rapid price changes, offering traders actionable entry and exit opportunities (Source: @AltcoinGordon, June 5, 2025). This technical setup is being closely monitored by crypto traders for potential long or short positions, emphasizing the importance of risk management as momentum builds.

According to Phil Kwok (@kwok_phil) on Twitter, the XRP Las Vegas event has concluded, signaling renewed attention to XRP and its ecosystem. Traders should monitor XRP trading volumes and price movements following the event, as such gatherings often lead to increased volatility and heightened interest from both retail and institutional investors (source: @kwok_phil, June 2, 2025). Market participants are advised to keep an eye on related announcements or partnerships discussed during the event, which could impact short-term price action and sentiment across the broader cryptocurrency market.

According to @kwok_phil, the XRP Las Vegas 2025 event opened with a keynote by Phil Kwok and Dom Kwok, highlighting strong community engagement and optimism about XRP's future. The event gathered influential figures and genuine supporters, which could signal increased confidence and positive sentiment among XRP traders. Growing community engagement at such conferences often correlates with improved trading volumes and market activity for Ripple (XRP), as seen in past industry gatherings (Source: @kwok_phil, May 31, 2025).

According to Cas Abbé, XRP has experienced strong buyer momentum in recent days, with a significant surge in open interest (OI) on Binance, mostly driven by short positions (source: Cas Abbé, Twitter, May 14, 2025). This increase in shorts against a backdrop of strong spot demand indicates a potential for a short squeeze, which could lead to rapid price movements if shorts are forced to cover their positions. Traders should monitor Binance OI and spot volume closely, as heightened short activity combined with sustained spot buying often precedes volatility and breakout opportunities in altcoin markets.