On June 7, 2025, the XRP currency is trading at a level of $2.18, with clear fluctuations between support and resistance levels. Technical analysis indicates that the currency maintains strong support between $2.07 and $2.15, with notable resistance at $2.26 and $2.30. A double bottom pattern on the daily chart shows the potential for a bullish breakout if the resistance at $2.30 is surpassed, which could drive the price towards a range of $2.65 to $3.00.

From a technical perspective, the Relative Strength Index (RSI) on the 30-minute timeframe shows a reading of 59.87, indicating a shift from a bearish state to neutrality. The MACD indicator also shows a positive crossover, supporting the likelihood of continued upward momentum. However, the Stoch RSI indicator suggests an overbought condition, which may lead to a temporary correction or price consolidation.

Fundamentally, markets are closely monitoring developments in the legal case between Ripple and the U.S. Securities and Exchange Commission (SEC), with an important decision expected on June 9. Any positive progress in this case could enhance investor confidence and drive the price higher.

Considering these factors, XRP shows positive technical signals, but key resistance levels and upcoming legal developments should be monitored to determine the future price direction.