{"content":"🚨 $XRP Update – Analysis as of June 16, 2025 🚀 📌 Current Price: ~$2.28 📈 XRP Holds Above $2.20 and Confirms Bullish #Breakout from Falling Wedge, with Growing Institutional Interest and Positive Regulatory Developments ⸻ 🔍 Technical Analysis • Trend: Bullish on H4 and D1 • Indicators: ✅ Supertrend and Parabolic SAR: active long signal ✅ XRP above VWAP: positive momentum ⚠️ RSI in the 65 zone: strong but not yet overbought 📊 Key Levels: • Support: $2.06 – $2.20 • Resistance: $2.50 – $2.60 • Short Target: $3.00 – $3.40 • Medium Target (2025): $5.00 • Extended Target (bull case): $8 – $12 – $19 ⸻ ⚖️ #SEC vs #Ripple lawsuit: update • Ripple has requested a reduction of the fine to $50M • Request underway to remove the block on institutional sales of XRP • Judge Torres' final decision is expected by June 19. ➡️ A favorable close could fuel a significant rally. ⸻ 📈 Analyst Forecast 🔸 Bitget: $5 target by end-2025. 🔸 EGRAG/CryptoBeast: up to $8–19 with extended cycle. 🔸 Standard Chartered: moderate target at $2.85–$5.50 ⸻ 🎯 In Summary XRP is consolidating above $2.20 awaiting legal and institutional catalysts. A breakout above $2.60 would open the way to $3.40 and beyond. Eyes on #Washington 🇺🇸 in the coming days. 🧠 Strategy? Monitor $2.50–2.60 for confirmation. Pullback? $2.20 zone remains the key base for rebounds. ⸻","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/16/1186275c123e4a22b69bea798330f65b.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}