Technical analysis by MaxOnMarkets about Symbol XRP on 6/9/2025

👀Possible scenario:The crypto market saw a minor decline. About a third of the top 100 coins posted gains, with XRP briefly dropping 0.9% to $2.22 before recovering to $2.27.XRP has been added to the Nasdaq Crypto US Settlement Price Index, a move that increases institutional exposure. Ripple has also partnered with Asia Web3 Alliance Japan to fund XRPL startups in Japan through the XRPL Japan and Korea Fund, with a focus on DeFi, tokenization, and payments. Selected startups will receive financial support and mentorship from Ripple and Web3 Salon. Ripple's growing influence in Japan continues, with the Bank of Japan set to adopt XRP for payments by 2025 and major e-commerce player Mercari adding XRP trading to its platform.✅Support and Resistance LevelsNow, the support level is located at 2.0950.Resistance levels is now located at 2.3035.