XRP Approaches Make-or-Break Price Threshold

XRP hovered at $2.17 on June 30 amid growing anticipation of a potential breakout, with analysts identifying the $2.20-$2.30 range as the decisive battleground for bulls and bears. The digital asset has demonstrated resilience above the psychologically crucial $2.00 support level despite recent market volatility.

Institutional Investors Double Down

【$219 million】flowed into XRP exchange-traded products during H1 2025, including 【$10.6 million】in the final week of June alone. This institutional accumulation coincides with whale addresses (holding 1M-10M XRP) increasing their holdings by 【65%】since November 2024, now controlling nearly 【10%】of total supply.

——"The convergence of institutional and whale demand creates fundamental support unseen in previous cycles," noted market analyst Nancy Lubale——

Technical Confluence at Turning Point

The $2.20-$2.30 zone represents a critical technical juncture where:

• 100-day SMA ($2.20) converges with 50-day SMA ($2.25)
• 160-day downtrend line from the $3.40 peak terminates
• Monthly and quarterly VWAPs intersect

Pseudonymous analyst Dom describes this as "the turning point for a new bullish trend," with a daily close above $2.30 potentially triggering accelerated buying toward $3.00.

Support and Resistance Framework

Upside targets:
- Immediate: $2.60 (June high)
- Secondary: $3.81 (projected July peak)

Downside protections:
- Primary: $2.00 (psychological support)
- Secondary: $1.90-$1.95 (June 22 low)

The market appears to be consolidating before its next major move, with technical indicators suggesting breakout potential matches fundamental accumulation patterns. As trading volume builds near make-or-break levels, all eyes remain on whether XRP can overcome its most significant overhead resistance since the 2025 rally began.