XRP is gradually retracing its recent losses , although its progress continues to be restricted by important technical barriers on the daily chart. Recent trading activity shows XRP rebounding from levels below $2.00 and moving back toward the upper section of its current range. Over the last 24 hours, the token has fluctuated between $2.06 and $2.20, i ndicating increased participation from market participants looking to support further upside. The current price behavior reflects an improvement in sentiment following a period of volatility earlier in the month. Since the initial decline, XRP has gradually formed higher price points, although it has not yet surpassed critical resistance thresholds. Analysts are watching for additional confirmation before identifying this move as a sustained recovery trend. Technical Overview A broader assessment of XRP’s daily chart shows that the token is attempting to rebuild bullish momentum following a notable correction in mid-November. However, the Ichimoku Cloud continues to signal a challenging environment for upward movement. XRP remains positioned beneath the cloud, which means that the area above the current price still acts as a significant resistance zone. The lower boundary of the cloud is located near $2.24, while the upper edge extends toward approximately $2.38. As long as XRP remains under these levels, the cloud will function as an obstacle preventing a transition into a stronger bullish phase. A decisive break above this region would be needed before the asset can move toward higher targets such as $2.80. On the downside, immediate support is situated around $2.06, aligned with the current position of the Tenkan-sen. A decline toward this level may occur if the ongoing resistance persists. For a stronger bullish signal to develop, the Tenkan-sen must rise above the Kijun-sen, which would indicate a shift toward positive short-term momentum. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Relative Strength Index (RSI 14) is presently at 47.83. This shows that selling pressure has eased following the recent oversold reading, but buying strength has not yet reached the neutral midpoint of 50. A move above 50 would represent renewed accumulation and increase the likelihood of a breakout attempt. Liquidation Trends Liquidation figures highlight notable changes in trader positioning over multiple timeframes. During the last 4-hour window, total liquidations rose to $989.38K. Although long positions accounted for $547.12K of this amount, short liquidations also increased sharply, reaching $442.26K. The data suggests heightened volatility affecting both sides of the market. Over 12 hours, liquidations expanded to $3.13M, with short positions experiencing a significant portion of the losses. Nearly half a million dollars in short liquidations occurred as XRP’s price began to recover. This indicates that traders anticipating further declines were forced to exit positions as the asset moved higher. The 24-hour statistics present a clearer picture of market pressure on bearish traders. Total liquidations surged to $13.54M, including $8.66M from short positions and $4.88M from long positions. This imbalance shows that market participants betting against XRP have experienced greater losses, suggesting increased strength from buyers even though the asset has not yet overcome the major resistance defined by the Ichimoku Cloud. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Attempts Recovery, But… appeared first on Times Tabloid .
