XRP Price Watch: Momentum Stalls, But Breakout Potential Builds
XRP traded at $2.19 on June 7, 2025, with a market capitalization of $128 billion and a 24-hour trading volume of $1.33 billion. The cryptocurrency moved within a tight intraday range of $2.16 to $2.19, suggesting subdued volatility ahead of a potential breakout.
On the 1-hour chart, XRP displayed a tightly consolidated price action between $2.17 and $2.19. This narrow range reflected limited momentum as traders awaited a market catalyst. The short-term structure was characterized by low volatility and indecisive sentiment, consistent with a coiling pattern potentially preceding a breakout. Key levels to monitor are a clean break above $2.20, which could trigger a move toward $2.24 to $2.26, or a drop below $2.15 that may initiate a decline to $2.10. Current price action favors nimble scalping strategies while larger directional plays await confirmation.
