XRP Price Analysis and Ripple Daily Updates

On June 17, 2025, traders saw XRP swing between $2.20 and $2.257 during intense intraday market volatility. The trading session began with a steep drop before buyers intervened and drove prices back up steadily thereafter. Participants then entered a range-bound consolidation phase, navigating overbought market signals followed by swift oversold corrections repeatedly. Traders tracked RSI oscillations that clearly signaled shifting bullish and bearish price momentum throughout the day’s activity. A bullish MACD crossover confirmed sentiment shifts and fueled XRP’s dramatic, rapid back-and-forth intraday price swings.

Sharp $2.24 Surge Follows Descending Flag Breakout

Traders saw XRP plunge sharply this morning, with its value tumbling to $2.20 before stabilizing. By 01:00 UTC, RSI readings signaled oversold conditions while a MACD golden crossover at 01:15 UTC indicated rising buying pressure. Investors immediately reacted by driving the token higher to $2.24, where it formed a clear descending-flag consolidation pattern. 

Chart 1: XRP/USDT M1 chart, analyzed by alioliyaee_f, published on TradingView, June 17, 2025.

The Ripple price broke above the flag’s upper trendline, sparking a second bullish surge that lifted XRP toward $2.257. Shortly afterward, RSI reached overbought levels and a bearish MACD crossover appeared at 01:31 UTC, foreshadowing a potential pullback. Following an unsuccessful challenge of the $2.257 ceiling, the market shifted into a gradual sideways consolidation phase.

Ascending Channel Breakdown Saw XRP Fall Swiftly to $2.227 Support

Soon after, a strong full-body red candlestick drove XRP beneath the lower line of a small ascending channel. That downside move coincided with bearish divergence in RSI and MACD at 01:59 UTC, pushing the XRP price down to $2.227. An oversold RSI reading returned at 02:31 UTC, and a new MACD golden crossover emerged at 02:50 UTC. Moments later, a full-body green candle shattered the descending channel’s upper trendline, confirming a valid breakout. From there, XRP climbed again until it met resistance at $2.253, establishing a fresh intraday peak.

Chart 2: XRP/USDT M1 chart, analyzed by alioliyaee_f, published on TradingView, June 17, 2025.

Resistance at $2.253 Halts XRP Rally Before Death Cross Signals

XRP bounced earlier and then consolidated, failing multiple times to clear the $2.253 resistance level. A death cross on the MACD at 03:50 UTC signaled fresh bearish momentum and dropped the XRP price toward $2.232 support. The RSI dropped into oversold territory at 04:22 UTC and again recorded oversold signals by 04:40 UTC. Shortly thereafter, at 04:42 UTC, a golden crossover spurred a swift rebound toward the resistance near $2.252.

MACD death cross and RSI oversold push XRP Price near $2.234

However, the market rebound lasted only briefly before sellers regained control and triggered a new decline. A bold red candle pierced the ascending trendline, confirming a decisive bearish breakout move. The Ripple price then slipped below the rising channel and entered a consolidation phase within the trading range. At 05:41 UTC, MACD formed another death cross, reinforcing bearish structure, and RSI registered oversold at 05:51 UTC. Then the XRP price hovered sideways, carving a minor descending channel that tested but held the $2.232 support level. Now, XRP trades just above that support level, currently hovering around $2.234.