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XRP Skyrockets as Ripple Founder’s Shock Comeback Ignites Market Frenzy

XRP Skyrockets as Ripple Founder’s Shock Comeback Ignites Market Frenzy

Published:
2025-06-24 09:07:30
18
1

Ripple's XRP surges as founder re-emerges—proving once again that crypto runs on hype as much as code.

Market movers and shakers

The sudden reappearance of Ripple's founder sent XRP holders into a buying spree, with prices climbing faster than a DeFi yield farmer chasing APY. No official statement yet—just the classic crypto combo of speculation and FOMO.

Regulatory déjà vu

Remember when the SEC called XRP a security? Neither do traders today. The rally plows ahead despite lingering legal gray areas—because nothing fuels crypto like selective memory.

Bankers vs. blockchain

While traditional finance scoffs at 'unproven assets', XRP's 20% spike demonstrates where the smart money's actually flowing. (Hint: not into your 0.5% savings account.)

Closing thought: In crypto, founder resurrections outperform most fundamentals. For better or worse.

TLDR

  • XRP price jumped 7% after Ripple co-founder Arthur Britto posted his first tweet in 14 years
  • The token has bounced off the $2 support level nine times since December 2024
  • XRP is trading in a consolidation range between $2.06 and $2.58
  • Key resistance level at $2.41 needs to be broken for further gains
  • Bitcoin holding above $100,000 is crucial for XRP’s continued upward movement

XRP experienced a sharp 7% price increase on Monday following an unexpected return to social media by Ripple co-founder Arthur Britto. The surge came after Britto broke his 14-year silence with a tweet on June 23, 2025.

xrp price

XRP Price

The timing of Britto’s return has caught the attention of XRP investors and traders. His reappearance on social media coincided with the Federal Reserve’s announcement regarding changes to bank examination programs.

😶

— Arthur Britto (@ahbritto) June 23, 2025

XRP has shown strong support at the $2 psychological level. The token has bounced off this price point nine times since December 1, 2024.

The current trading pattern shows XRP consolidating between $2.06 and $2.58. This range represents a value area where 70% of trading volume has occurred since December 3, 2024.

Technical Analysis Points to Key Levels

The immediate resistance level sits at $2.41, known as the Point of Control. This represents the highest traded volume level since early December 2024.

Source: TradingView

Breaking above $2.41 WOULD likely push XRP toward the upper boundary of its current range at $2.58. A move beyond $2.58 could trigger a rally toward the $3 psychological level.

The recent bounce from $2.06 has prevented XRP from falling to lower support levels. This technical setup suggests buyers are stepping in at these price points.

Trading volume patterns indicate strong interest in XRP within the current price range. The repeated tests of $2 support show the level holds significance for market participants.

Market Context and External Factors

XRP led cryptocurrency market gains over the past 24 hours. The token’s performance outpaced other major cryptocurrencies during Monday’s trading session.

Bitcoin’s price action remains a key factor for XRP’s outlook. The broader market recovery has provided support for altcoin rallies including XRP.

Some market observers have speculated about connections between Britto’s return and recent regulatory developments. However, these remain unconfirmed theories rather than established facts.

The long-standing legal dispute between Ripple and the SEC continues to influence market sentiment. Recent reports suggest the lawsuit settlement timeline remains unchanged.

XRP’s current price action occurs within a broader seven-month consolidation pattern. This extended sideways movement has preceded previous volatile breakouts in XRP’s trading history.

The token’s ability to maintain support above $2 will be crucial for any sustained upward movement. Multiple tests of this level have so far held firm.

Current trading at $2.18 puts XRP NEAR the middle of its established range. The next key test will be whether buying pressure can push through the $2.41 resistance level.

Bitcoin maintaining its position above $100,000 remains critical for XRP’s bullish continuation according to technical analysis.

|Square

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