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XRP Clings to Critical Support as Investors Flee for Second Straight Week

XRP Clings to Critical Support as Investors Flee for Second Straight Week

Published:
2025-06-03 07:30:12
16
2

XRP’s price teeters on the edge—again—as institutional money walks out the door. Another week, another exodus from XRP-linked investment products. The ’bankers’ coin’ can’t catch a break.

When the suits start pulling cash, retail traders brace for impact. Will this be the dip that finally shakes out the weak hands? Or just another blip in XRP’s endless courtroom drama? Only the SEC—and maybe a few whale wallets—know for sure.

Funny how the ’most compliant’ crypto still can’t escape regulatory purgatory. Some things never change—least of all Wall Street’s fickle appetite for legal limbo.

XRP struggles near support as XRP investment products record second week of outflows - 1

XRP price analysis. Credit: crypto.news

While the relative strength index is at 43.5, just short of oversold territory but still neutral, the moving average convergence divergence shows a negative crossover, indicating that bearish momentum is still present. The narrowing Bollinger Bands indicate less volatility and a potential breakout in the future.

XRP is currently trading near the lower band, which has often acted as support. A bullish breakout WOULD require a move above the $2.30–$2.35 resistance level, ideally supported by rising volume and a crossover of the short-term moving averages.

A sustained close above the 50-day EMA would be an early sign of strength. In that case, XRP could attempt to reclaim the $2.50 zone. However, if XRP fails to hold above $2.13 and breaks through $2.10 on heavy volume, the next downside target could lie near the psychological $2.00 level, with extended weakness opening the door to $1.85.

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