XRP Price Eyes $2.70 Target as Ripple Launches EVM Sidechain on Mainnet

Coinmarketcap data shows that XRPs trading volumes increased by $1.1 billion in the last 24 hours, crossing the $2.4 billion mark for the first time in June. Such an increase in market activity amid positive ecosystem news is often an indicator of rising demand as traders are positioning for short-term moves across exchanges. If historical trends play out, XRP price could be on the verge of another major leg-up in the coming sessions.

Bulls Eye $2.40 Breakout to Invalidate Bearish Head and Shoulders Pattern

XRP price projection is at crossroads as bulls move to invalidate an active bearish Head and Shoulders pattern. The neckline support at $2.00 has been breached, projecting a potential decline to $1.46 downswing target.

Ripple (XRP) Price Forecast | June 30

However, with market volumes on the rise, XRP bulls are staging a defense at the $2.20 pivot level. A decisive reclaim of the $2.34 to $2.40 resistance zone could completely invalidate the Head and Shoulders pattern, potentially triggering a rapid breakout toward $2.70.

More so, the MACD is flashing early signs of bullish divergence, with the signal line crossing above the MACD line, indicating weakening bearish momentum.

If the price can hold above $2.20 and then break through $2.40 with strong buying volume, it would signal that buyers are back in control. Conversely, another correction below $2.00 could see sellers drive the price down to the $1.46 target.

Best Wallet: The Secure Way to Store XRP in the Multichain Era

As XRP enters a new chapter with EVM functionality, secure storage becomes paramount. Best Wallet emerges as the top solution for users navigating the multichain world. Designed to integrate seamlessly with EVM chains and Layer 1 blockchains alike, Best Wallet offers low-fee swaps, early access to new token launches, and high APY staking rewards, all from a single, secure interface.

Now in presale, the $BEST token gives holders added benefits including community governance, reduced in-app fees, and exclusive staking perks. With over $13 million raised and counting, Best Wallet emerges as one of the most anticipated wallet projects of 2025.

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Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Masters in Blockchain and Distributed Ledger Technologies at the University of Malta.