{"id":54417,"date":"2025-06-18T04:18:26","date_gmt":"2025-06-18T04:18:26","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/xrp-price-holds-above-2-as-sec-delays-franklin-templeton-xrp-etf\/"},"modified":"2025-06-18T04:18:26","modified_gmt":"2025-06-18T04:18:26","slug":"xrp-price-holds-above-2-as-sec-delays-franklin-templeton-xrp-etf","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/xrp-price-holds-above-2-as-sec-delays-franklin-templeton-xrp-etf\/","title":{"rendered":"XRP price holds above $2 as SEC delays Franklin Templeton XRP ETF"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/ripple-xrp-price-symbol-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/ripple-xrp-price-symbol-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/ripple-xrp-price-symbol-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/ripple-xrp-price-symbol-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>XRP price falls below $2.30 as SEC delays Franklin Templeton\u2019s spot XRP ETF decision.<\/li>\n<li>Geopolitical tensions, mainly the Israel-Iran conflict, has contributed to broader crypto market dip.<\/li>\n<li>XRP price prediction hinges on key support at $2.00 and short-term resistance at $2.50.<\/li>\n<\/ul>\n<p>Ripple\u2019s <a href=\"https:\/\/coinjournal.net\/news\/tag\/xrp\/\">XRP<\/a> token saw its price dip to near $2.00 on Tuesday as the cryptocurrency market grappled with a fresh downturn.<\/p>\n<p>The geopolitical tensions that see an escalation in the Israel-Iran conflict, now in its fourth day of heavy missile strikes, continued to rattled investor confidence, pushing risk assets like Bitcoin and XRP lower.<\/p>\n<p>Adding to the uncertainty, US President Donald Trump\u2019s recent remarks on a peace deal or truce have sparked fears, further dampening market sentiment.<\/p>\n<p>Against this backdrop, XRP faces intensified pressure as the US Securities and Exchange Commission (SEC) postpones its decision on Franklin Templeton\u2019s spot XRP ETF.<\/p>\n<h2>Ripple price drops as SEC delays XRP ETF<\/h2>\n<p>XRP experienced a sharp bearish move on June 17, aligning with notable declines across the market.<\/p>\n<p>Following the SEC\u2019s decision to <a href=\"https:\/\/x.com\/EleanorTerrett\/status\/1935024725711110408\" target=\"_blank\" rel=\"noopener\">extend its review<\/a> of Franklin Templeton\u2019s spot XRP ETF to late July 2025, the token plummeted below $2.20.<\/p>\n<p>Bulls posted a 6% loss and reached lows of $2.13.<\/p>\n<p>This meant XRP price extended the downside that has seen it pare recent gains.<\/p>\n<p>However, despite the heightened market volatility and the broader crypto market\u2019s declines, XRP held above the crucial $2.00 level.<\/p>\n<p>It remains to be seen how the markets react further amid the Israel-Iran conflict and Fed\u2019s interest rates decision on Wednesday, June 18.<\/p>\n<p>Notably, the community largely expected the SEC to delay the XRP ETF decision and could now look to the eventual approval.<\/p>\n<p>Analysts say the chances remain high, even amid <a href=\"https:\/\/coinjournal.net\/news\/ripple-case-may-be-delayed-as-sec-ripple-seek-to-finalise-50-million-settlement\/\">outstannding legal issues<\/a>.<\/p>\n<h2>XRP price prediction<\/h2>\n<p>Nonetheless, the token\u2019s failure to hold above the critical $2.30 level has weakened buyer confidence.<\/p>\n<p>The current market conditions also continue to cast a shadow over XRP\u2019s price trajectory.<\/p>\n<p>XRP is currently trading at approximately $2.20, caught between key support at $2.00 and resistance at $2.50.<\/p>\n<p>Technical indicators provide mixed signals. A look at the charts shows the daily Relative Strength Index (RSI) at 46 and downsloping to suggest XRP could trend towards the oversold territory.<\/p>\n<p>The Stochastic oscillator in oversold territory indicates a potential uptick, despite selling pressure persisting.<\/p>\n<figure id=\"attachment_315499\" aria-describedby=\"caption-attachment-315499\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-315499\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/06\/XRPUSD_2025-06-17_23-06-36.png\" alt=\"\" width=\"1057\" height=\"546\"\/><figcaption id=\"caption-attachment-315499\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener\">XRP chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>Open Interest (OI) in XRP futures remains steady at <a href=\"https:\/\/www.coinglass.com\/currencies\/XRP\" target=\"_blank\" rel=\"noopener\">$3.90 billion<\/a>, but a 10% drop says short term confidence is a little on the low.<\/p>\n<p>Nonetheless, derivatives volume of $8.2 billion reflects current market frenzy amid geopolitical risks.<\/p>\n<p>In terms of price prediction for XRP, a breakout above $2.30 could allow for a march on $2.50 and potentially $3 ahead of SEC\u2019s next XRP ETF decision.<\/p>\n<p>On the downside, breakdown below $2.00 may test bulls resolve and bring the $1.75 support area into focus.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-3.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/xrp-price-holds-above-2-as-sec-delays-franklin-templeton-xrp-etf\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) XRP price falls below $2.30 as SEC delays Franklin Templeton\u2019s spot XRP ETF decision. Geopolitical tensions, mainly the Israel-Iran conflict, has contributed to broader crypto market dip. XRP price prediction hinges on key support at $2.00 and short-term resistance at $2.50. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":54418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54417"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=54417"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/54418"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}