XRP under pressure: increased profits, technical signals at half mast

The Ripple XRP ranked among the most profitable digital assets of this cycle, offering important gains to investors. Its breakthrough at the end of 2024 helped to establish its position as a better performer, even if Ripple's regulatory battle with the dry approach to its conclusion.

XRP triples its value while the first investors achieve more than 300% of earnings

Glassnode data show that the XRP has more than tripled compared to its basic value before its high rise in November 2024.

Those who entered the market early seeing gains exceeding 300%, marking a significant increase in the value of their portfolio. However, with these important gains in hand, a new trend is starting to emerge. This change follows a recent increase of 50% of the on-chain activity.

Long -term holders are starting to go out

Since the beginning of June, several early investors have started to give up their assets, a sign of a generalized movement of profits.

According to Glassnode, these sales reached an average of $ 68.8 million in XRP each day, calculated on a slippery average of seven days. This regular wave of sales indicates a distribution phase, while longtime holders disengage and exert pressure on the price.

The XRP struggled to exceed a clear resistance zone at $ 2.30. He briefly crossed this level, but the dynamics have faded, and the price fell into the range in early June.

This weakness corresponds to an increase in sales, suggesting that taking profits prevents the price from rising more.

This key price range now acts as a level of resistance, which the market has attempted but failed to overcome constantly. Without new impetus or recovery of purchases, the XRP remains limited under this ceiling.

Data on derivatives suggest declining confidence

The derivative market also shows signs of weakness. The open interest in XRP's term contracts increased from around $ 5.3 billion on May 12 to $ 3.97 billion on June 20, a drop of 25%.

Similar declines have led to brutal price corrections in the past, especially in early 2025 when the XRP dropped after a peak of open interest that had faded.

In January, the XRP reached a multi -year summit at $ 3.40. But after a strong fall in open interest, the token experienced a spectacular drop to $ 1.61 on April 7, a fall of 53%.

Technical indicators also reflect current fragility. The XRP is negotiated below its simple mobile averages (MMS) at 50 and 100 days, which are around $ 2.27 and $ 2.23 respectively. The incapacity of the token to be negotiated above these dynamic averages testifies to a lack of force in the current trend, suggesting that buyers are hesitant or exhausted.

A level now attracts special attention: $ 2.04. A break below this support could open the way to greater losses.

Analysts scrutinize the zones of breach or retest of the XRP

In this context, the technical analyst Casitrades believes that The XRP approaches a major turning point. After weeks of price movements contracted, the token seems ready for a significant break, or a last drop to regain strength.

She also underlined the key metrics to monitor:

• $ 2.25 remains key resistance; A failure to cross it could lead to a lower support areas.
• Price areas such as $ 2.01, $ 1.90 and $ 1.55 could help rebuild the momentum, without reporting a downward trend.
• Casitrades considers any correction as a reset phase attracting new buyer interest.
• The folds could attract buyers and reset the market rather than weakening the long -term demand.
• Global tensions could fuel volatility, in line with the calendar and the market structure.

The recent sale does not necessarily mean a complete reversal for the XRP, but highlights the growing pressure on the price. With the easy gains probably behind us, the market has entered a more fragile phase where each movement has more weight. A wider rebound in crypto could still offer relief to XRP, but short -term dynamics remain uncertain.