XRP Price Analysis and Ripple Daily Updates

On June 4, 2025, the XRP price experienced a volatile trading session, with its price fluctuating between $2.227 at its lowest point and $2.265 at its peak. The market’s opening saw prices surge rapidly upward towards the day’s peak level. After this initial trend emerged, a descending channel began to form, which eventually evolved into a conventional V-pattern. The upper boundary of the channel experienced a breakout shortly thereafter, signaling renewed bullish momentum. XRP experienced significant price swings between support and resistance levels during the day before settling at a price point of $2.248.

The Relative Strength Index (RSI) identified several oversold situations, which were prominent near the day’s lowest point and corresponded with the chart’s important support area. Market data demonstrated vigorous purchasing activity among buyers when prices fell to lower levels. The series of golden crosses displayed on the MACD indicated the success of upward breaks from descending patterns. XRP exhibited sideways movement with significant oscillations throughout the day, indicating market indecision while remaining within established support and resistance levels.

XRP Hits $2.231 After Breakout From Descending Channel

The price movement of XRP on June 4th becomes more understandable through analysis of the prior 24-hour events. The XRP price began its upward movement through an upward channel on June 3, 2025, and reached a local price of $2.222. RSI reached overbought territory, while the MACD displayed a death cross indication, suggesting a possible reversal at this point. The price fell to $2.184, creating a substantial support level for this price range.

Chart 1: XRP/USDT M5 chart, analyzed by alioliyaee_f, published on TradingView, June 4, 2025.

The minor downward channel was invalidated by a full-body green candle, which appeared at 4:05 a.m. UTC in correspondence with an oversold RSI signal and a golden cross on MACD. This marked the start of a trend toward a bull market reversal. The price continued to consolidate within a broader descending channel until RSI approached oversold conditions once more by 8:30 a.m. Just 15 minutes later, MACD indicated a golden cross at 8:45 a.m. UTC while a strong full-body green candle confirmed a valid breakout from the descending channel at 9:35 a.m. The Ripple price increased to $2.231 during the rally, establishing a resistance zone at this level.

XRP Hits $2.281 After Double Breakout

Later in the session on June 3rd, a Golden Cross appeared on the MACD at 14:25 UTC, signaling growing bullish momentum. XRP price achieved a significant breakout when it surpassed the $2.230 resistance level, followed by a full-bodied green candle shortly thereafter. The price briefly pulled back to meet its previous resistance level, which now acted as support before launching into another rally to establish the spike’s second leg. The rise in value propelled XRP to a new daily high at $2.276.

RSI levels reached overbought territory at this stage, which indicated a possible market reversal. This was confirmed by a Death Cross on MACD. The price drop occurred in a descending channel after the MACD Death Cross took place at 16:15 UTC. However, bullish sentiment returned when the price broke out of this channel’s upper boundary at 18:10, sending XRP to its daily high price of $2.281, which represented the highest point for the asset on June 3, 2025.

XRP Bulls Begin to Emerge as Price Breaks Through $2.264 Resistance

As the XRP price reached its peak of $2.281 at 19:55, the RSI indicated that the market was overbought, suggesting the uptrend might be nearing its peak. This warning materialized when, just 10 minutes later at 20:05 UTC, the MACD demonstrated bearish divergence through the formation of a Death Cross. The price experienced a steep drop and settled at the $2.229 support level.

Chart 2: XRP/USDT M5 chart, analyzed by alioliyaee_f, published on TradingView, June 4, 2025.

XRP began forming multiple small downward channels within a wider sideways trading range. The price activity on June 4th displayed growing bullish momentum. An oversold RSI signal was observed at 00:35, and the MACD displayed a Golden Cross. These signals aligned with a breakout, and the price busted through the descending channel at 00:55 UTC, as evidenced by a full-body green candle formation. The Ripple price continued to trade sideways within the day’s defined range after the breakout, indicating market consolidation and trader indecision.

A new descending channel developed within the existing trading range on June 4th. The price fell steadily until it hit the $2.227 support level, at which the RSI moved closer to oversold conditions. The MACD displayed a golden cross, indicating a potential shift to bullish market behavior. This setup was validated at 08:15 UTC when the XRP price broke out of the descending channel, producing a full-bodied green candle. Following the breakout, XRP reached $2.264 before moving into another sideways consolidation phase, which maintained its usual pattern of range-bound fluctuations throughout the day.