Altcoins News

Story: XRP Price Holds $2.20 as Whale Selling Stops—Breakout Toward $3.40 Possible

By Sakamoto Nashi

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XRP Price Remains Range-Bound. XRP has remained stuck below $3.00 for much of Q2, despite multiple bullish attempts to breach key…

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MVRV Z-Score Signals Undervaluation. One of the most compelling metrics pointing to potential upside is the MVRV Z-score (Market Value…

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Whale Sell-Offs Drop to Zero. Another bullish signal comes from on-chain data tracking whale behavior.

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Fed Policy Shift Could Boost Crypto Demand. Macro factors are also coming into play. Growing speculation that the Federal Reserve may cut…

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Technical Indicators Show Bullish Momentum. The daily chart for XRP supports a bullish outlook. The Chaikin Money Flow (CMF)—a measure of…

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Downside Risks Still Present. Despite the bullish indicators, traders should remain cautious.

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Conclusion. XRP is showing early signs of strength, backed by whale accumulation, undervaluation signals, and…

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XRP is holding steady near $2.17, continuing a prolonged phase of consolidation that has dominated the second quarter of 2025.

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XRP has remained stuck below $3.00 for much of Q2, despite multiple bullish attempts to breach key resistance levels. As of Thursday, XRP is trading at $2.17, down 0.

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This price action continues a pattern of sideways movement that began in mid-April, with XRP oscillating between $2.00 and $2.

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The consolidation phase has aligned with decreased market volatility across the crypto space, as macroeconomic uncertainty keeps investor sentiment cautious.

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However, several key metrics—both technical and on-chain—now suggest that the consolidation may soon give way to a bullish reversal.

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One of the most compelling metrics pointing to potential upside is the MVRV Z-score (Market Value to Realized Value), which currently stands at 2.13 for XRP.

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Historically, XRP has reached overbought conditions when this score ranged between 3.45 and 6.72. For example, in January 2025, XRP touched $3.25 while the Z-score hit 6.

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A similar failed rally occurred in March when the score again reached high levels.

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