XRP Price Prediction: Will XRP Hit $3 Amid Market Turbulence?

#XRP

• XRP is trading below its 20-day MA, indicating short-term bearish pressure.
• Mixed news sentiment with both positive developments and regulatory concerns.
• Key resistance levels must be breached for XRP to reach $3.

XRP Price Prediction

XRP Technical Analysis: Current Trends and Future Projections

According to BTCC financial analyst Michael, XRP is currently trading at 2.14090000 USDT, slightly below its 20-day moving average (MA) of 2.2275. The MACD indicator (12,26,9) shows a negative value of -0.0318, indicating potential bearish momentum in the short term. However, the Bollinger Bands suggest a range-bound movement with the upper band at 2.3673 and the lower band at 2.0876. Michael notes that a break above the 20-day MA could signal a bullish reversal, while sustained pressure below the lower Bollinger Band may lead to further declines.

Market Sentiment and News Impact on XRP Price

BTCC financial analyst Michael highlights mixed market sentiment for XRP. On one hand, positive developments such as Circle''s USDC expansion to XRP Ledger and Uphold''s exploration of XRP staking via Flare Network could bolster investor confidence. On the other hand, regulatory concerns, including Ripple''s ongoing SEC settlement and corporate XRP treasuries potentially squeezing retail investors, may weigh on the price. Michael emphasizes that these news factors should be considered alongside technical indicators for a comprehensive outlook.

Factors Influencing XRP’s Price

Fact Check Debunks Rumor of Elon Musk''s $50 Billion XRP Purchase

Social media erupted with unverified claims that Elon Musk plans to acquire $50 billion worth of XRP, Ripple''s native cryptocurrency, at a speculative valuation of $600.37 per token. The rumor originated from a since-deleted post by X user CryptoGeek, which lacked substantive evidence or corroboration from official sources.

Perplexity AI''s fact-checking systems confirmed the absence of any legitimate announcement from Musk, Ripple, or X. Notably missing were archived copies of Musk''s alleged tweet stating ''#XRP is looking quite promising''—a claim CryptoGeek failed to substantiate with screenshots or verifiable data.

The episode underscores the crypto market''s vulnerability to influencer-driven speculation. XRP''s price remained volatile during the rumor''s circulation, demonstrating the outsized impact of celebrity endorsements—real or fabricated—on digital asset valuations.

Circle Stock Rallies 25% Amid Market Volatility Following USDC Expansion to XRP Ledger

Circle Internet Group''s stock (CRCL) surged 25.36% on the NYSE, closing at $133.56 despite broader market turbulence. The rally follows Circle''s strategic launch of its USDC stablecoin on the XRP Ledger (XRPL) on June 12, signaling confidence in cross-chain interoperability. After-hours trading pushed gains further to $135.29, though the stock remains volatile after a 17% drop earlier in the week.

Investor appetite for CRCL appears resilient, with the stock up 93.56% since its NYSE debut. The XRPL integration marks a pivotal move for USDC''s liquidity reach, though newly listed stocks like CRCL continue to exhibit heightened volatility. Market participants are weighing Circle''s growth trajectory against macroeconomic risks.

Uphold Explores XRP Staking via Flare Network Amid Regulatory Considerations

Uphold CEO Simon McLoughlin has confirmed the exchange''s exploration of XRP staking mechanisms despite the asset''s native lack of proof-of-stake functionality. The platform, serving over 10 million users globally, plans to leverage Flare Network''s wrapped token infrastructure to enable yield opportunities.

Flare''s FXRP solution would allow Uphold to freeze native XRP reserves while minting stakable wrapped tokens on the alternative network. McLoughlin notes growing Flare liquidity now makes beta testing feasible, though U.S. implementation faces additional complexity due to potential securities law implications.

The executive emphasized regulatory caution: "We must ensure wrapped XRP isn''t interpreted as manufacturing a security with profit expectations." Initial rollout will prioritize non-U.S. jurisdictions as the exchange navigates compliance frameworks.

XRP Battles to Hold $2 Support Amid Crypto Market Turbulence

XRP faces mounting pressure as it struggles to maintain the psychologically critical $2 level in a volatile cryptocurrency market. The asset briefly stabilized at $2.14 on June 13 despite broader market liquidations exceeding $1 billion.

Whale activity has intensified selling pressure, with 150 million XRP tokens reportedly dumped by large holders. Technical charts show concerning downward formations on 4-hour timeframes, casting doubt on the sustainability of current support levels.

Market participants remain cautious as analysts watch for potential breakdowns. The $2 threshold now serves as a key litmus test for XRP''s near-term trajectory amid widespread crypto market weakness.

Ripple and SEC Seek Court Approval for Revised $125M Settlement

The protracted legal battle between Ripple Labs and the U.S. Securities and Exchange Commission may reach its conclusion if Judge Analisa Torres approves a joint motion filed on June 12. The proposal seeks to amend the final judgment, lift an existing injunction, and implement a restructured $125 million settlement.

Under the revised terms, the SEC would receive $50 million while the remainder reverts to Ripple. Both parties argue the settlement avoids prolonged litigation amid evolving regulatory conditions. The motion represents a notable departure from earlier rejected proposals, emphasizing cooperation to resolve one of crypto''s most high-profile cases.

Market observers suggest Judge Torres may favor the motion despite lingering questions about its legal foundations. The outcome could set precedent for how regulators approach enforcement actions against blockchain firms.

Corporate XRP Treasuries May Squeeze Retail Investors Out of DCA Opportunities

Matthew Snider, CIO of Digital Wealth Partners, warns that retail investors could soon face difficulties accumulating XRP through dollar-cost averaging (DCA) as corporations aggressively build reserves. Trident Digital''s plan to establish a $500 million XRP treasury—funded through stock issuance—signals a broader institutional pivot toward the asset.

Public companies including Webus International and VivoPower are similarly constructing XRP treasuries, potentially absorbing available supply. Snider cautions that this institutional demand may leave little liquidity for retail DCA strategies, which rely on gradual accumulation during price dips.

Trident''s initiative, pending regulatory approval, highlights XRP''s growing role in corporate balance sheets. The Nasdaq-listed firm is currently negotiating acquisition terms and infrastructure setup with partners, mirroring a trend that could redefine XRP''s market dynamics.

Ripple''s Potential Acquisition Strategy and Blockchain Banking Vision

Greg Kidd, a crypto pioneer and former Ripple executive, envisions a future where blockchain technology reshapes traditional finance. Speaking at the XRP Las Vegas conference, Kidd suggested Ripple could acquire legacy financial institutions to modernize the sector. His vision extends beyond speculative crypto assets, aiming for full blockchain integration into global finance.

Kidd recalled Ripple''s early days in 2012, when the ledger had just 188 accounts. "Money should move at the speed of the internet," he said, emphasizing the company''s longstanding mission. Today, he leads an initiative to bring banking on-chain through Vast Bank, a nationally chartered institution. The plan involves issuing FDIC-insured U.S. dollar deposit tokens directly on blockchain networks, including the XRP Ledger.

Unlike stablecoins, Kidd''s approach leverages fractional reserve banking, claiming eight times greater capital efficiency. "We can pay interest, offer consumer protections, and keep money moving around the clock," he added. This model could redefine how traditional banking interacts with blockchain technology.

US Politician Advocates for New Bank Charter to Potentially Benefit Ripple and Other Digital-First Firms

Greg Kidd, a former congressional candidate and co-founder of Haka Yaka Ventures, is spearheading efforts to introduce a specialized bank charter tailored for digital-first businesses. The proposed charter would streamline licensing for firms handling deposits and payments without requiring physical branches or lending capabilities.

Kidd revealed the initiative during the XRP Las Vegas conference, emphasizing its potential to disrupt traditional banking dominance. "The cost of moving money should be minimal," he stated, outlining a vision where digital wallets, remittance companies, and even major retailers could operate as licensed banks.

While not explicitly representing Ripple, Kidd acknowledged the charter could provide a pathway for blockchain-based payment providers to obtain banking licenses. The move aligns with broader industry trends toward regulatory clarity for crypto-native financial services.

XRP’s Regulatory Woes Drive Interest Toward Kaanch Network Ahead of BitMart Listing

XRP continues to face headwinds from its ongoing legal battle with the SEC, dampening investor enthusiasm despite a modest 1.47% weekly gain to $2.24. Bitwise CIO Matt Hougan’s recent optimism about the SEC’s shifting stance offers little respite for the embattled asset.

Meanwhile, Kaanch Network is capitalizing on the uncertainty, attracting attention with its Layer 1 infrastructure and presale momentum. The project’s focus on real-world asset tokenization and community governance positions it as a compelling alternative ahead of its BitMart debut.

Will XRP Price Hit 3?

According to BTCC financial analyst Michael, XRP''s path to $3 will depend on several factors. Currently trading at 2.14090000 USDT, XRP faces resistance at the 20-day MA of 2.2275. A breakout above this level, coupled with positive news flow, could propel the price toward $3. However, regulatory hurdles and market volatility remain key risks. Below is a summary of key levels: