As of June 2, 2025, $XRP is trading at approximately $2.17, reflecting a 34% decline from its January peak of $3.31 .Blockchain Magazine+3FingerLakes1+3The Motley Fool+3
Analysts express concern over XRP's current trajectory. A 'death cross' pattern has emerged, where the 50-day simple moving average falls below the 200-day average, signaling potential for further declines . Additionally, the Relative Strength Index (RSI) hovers around 35, indicating weak buying momentum .Crypto Basic+1Brave New Coin+1The Crypto TimesCoin Edition
Despite these bearish indicators, some experts anticipate a possible rebound. Factors such as the potential approval of an XRP ETF by the SEC, positive funding rates in futures markets, and bullish trends in $BTC Bitcoin could drive XRP's price upward .crypto.news
In summary, while XRP faces short-term challenges, upcoming regulatory decisions and broader market movements may influence its future performance.
