BTCC / BTCC Square / XRP News /
XRP Shows Resilience with Sharp Recovery but Volume Concerns Linger

XRP Shows Resilience with Sharp Recovery but Volume Concerns Linger

Author:
XRP News
Published:
2025-07-05 16:10:07
9
3
[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

XRP has demonstrated notable resilience by rebounding sharply from the critical $1.92 support level, a key high time-frame zone situated just below the value area low of its current trading range. This recovery was triggered following a liquidity sweep, a common market tactic where stops are hunted before a reversal. Buyers aggressively defended this level, driving the price back above the point of control. Despite this positive movement, the rally lacks strong conviction due to weak trading volume, raising doubts about its sustainability and the potential to breach the $2.0 resistance level. As of July 6, 2025, market participants remain cautious, closely monitoring volume trends and price action for clearer signals of XRP's next directional move.

XRP Rebounds from Key Support but Faces Volume Concerns

XRP has staged a sharp recovery from the $1.92 support level, a critical high time-frame zone just below the value area low of its current trading range. The bounce followed a liquidity sweep, a classic market maneuver where stops are hunted before a reversal. Buyers defended the level aggressively, propelling the price back above the point of control.

However, the rally lacks conviction. Weak volume casts doubt on whether the $2.09 support—now acting as a make-or-break level—can hold. Failure to sustain this zone risks invalidating the recovery, potentially leading to another failed rally and deeper losses. Market participants are watching for a decisive close above $2.09 to confirm bullish continuation.

The technical setup remains precarious. While the liquidity sweep at $1.92 was textbook, the absence of strong follow-through buying raises questions about broader market participation. XRP’s ability to reclaim and hold higher levels will determine whether this is a genuine reversal or another dead-cat bounce.

XRP Ledger 2.5.0 Update Boosts Institutional and DeFi Appeal with Key Upgrades

RippleX, the developer arm of Ripple, has launched XRP Ledger 2.5.0, marking a significant milestone for the XRP ecosystem. The update introduces a suite of technical enhancements designed to strengthen institutional and decentralized finance (DeFi) adoption.

Key features include batch transactions, token escrow, and permissioned decentralized exchanges (DEX). Batch transactions (XLS-56) allow multiple operations to be grouped into a single atomic transaction, reducing failure rates for large-scale operations like payrolls or airdrops. Token escrow (XLS-85) now supports IOU and multi-purpose tokens, enabling smart contract-like functionalities such as conditional releases and vesting schedules.

Senior engineer Mayukha Vadari describes the release as ushering in a new era for the Ripple ledger. The upgrades are expected to enhance XRP's utility in both traditional finance and emerging DeFi markets.

XRP Faces Critical Technical Test as Veteran Trader Flags Bearish Pattern

XRP stabilized above $2.00 after rebounding from a weekend sell-off, but veteran trader Peter Brandt warns of a looming head-and-shoulders pattern that could signal deeper declines. The cryptocurrency's price structure shows a potential bearish reversal formation, with Brandt noting the neckline at $1.875 as a key level to watch.

A weekly close below $1.875 WOULD confirm the pattern, potentially triggering a breakdown. Brandt emphasized the current price sits at support, leaving room for interpretation. The pattern traces back to late 2024, with XRP's left shoulder forming near $2.90, head reaching $3.40, and right shoulder appearing around $2.65.

Ripple CEO Brad Garlinghouse Hails XRPL Game-Changing Update

Ripple CEO Brad Garlinghouse has publicly endorsed the latest upgrade to the XRP Ledger (XRPL), version 2.5.0, calling it a "huge progress" for the blockchain. The update introduces critical enhancements such as improved escrow functionality, batch transaction processing, and permissioned decentralized exchanges—features poised to bolster XRPL's competitiveness against ethereum and Solana.

The technical improvements, including bug fixes and amendments debated for years, aim to increase efficiency and stability. Developers across the crypto ecosystem have rallied around the release, signaling strong community support. Garlinghouse's acknowledgment underscores Ripple's strategic focus on enterprise adoption through technological advancement.

XRP Price Prediction Turns Explosive – New Crypto Presale Gains Attention

XRP has surged past $2.18, signaling a potential push toward $3 as bullish momentum returns to the crypto market. Analysts note the token's ability to hold key support levels, with $2.75-$3.00 emerging as the next resistance zone.

Meanwhile, capital is rotating toward early-stage tokens and presales, fueled by renewed risk appetite. While XRP remains a conservative play, smaller-cap projects are attracting investors seeking higher upside potential.

XRP Network Activity Plummets 70%, Raising Concerns Over Adoption

The XRP Ledger's payment volume has collapsed by 70% in a matter of days, dropping from 2.5 million daily transactions to just 741,501 as of June 25, 2025. This stark decline in network activity contrasts with relative price stability, signaling a potential disconnect between market sentiment and underlying utility.

Large investors are exiting positions at a rate of $68.5 million daily, compounding concerns about the network's vitality. On-chain metrics reveal shrinking user engagement, challenging the narrative of organic adoption. The ledger's operational model now faces scrutiny as fundamental indicators diverge from price action.

Technical signals remain weak despite superficial price support. Market observers warn that without a swift recovery in network usage, XRP risks permanent deterioration of its value proposition. The coming weeks will prove critical for demonstrating real-world demand beyond speculative trading.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users