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$XRP price is once again under pressure, with its price slipping to $2.066 on the daily chart. After failing to maintain momentum above $2.50, the asset is now flirting with critical support zones. Traders are now asking: will $XRP price hold the line or sink lower in the coming days? In this article, we break down the latest chart signals, analyze technical indicators, and provide a price forecast using real calculations. In our previous analysis we had already predicted that $XRP will lose its bullish strength.
$XRP Price Prediction: Is $XRP Losing Bullish Strength?
$XRP Price Prediction">
The Heikin Ashi candles clearly show a persistent bearish trend. Red candles with little to no upper wicks suggest strong downward pressure with minimal relief from buyers. $XRP price has failed to close above $2.10 for several sessions now, a bearish sign considering previous support flipped to resistance.
The Relative Strength Index (RSI) is currently at 35.49, well below the neutral 50 zone. This indicates weakening momentum, and unless a bounce occurs soon, $XRP price could slip into oversold territory (below 30), increasing the risk of panic selling.
$XRP is currently trading above $2, marking a gain of over 300% from its base price prior to the sharp rally in November 2024. Early investors who accumulated during the lower ranges are now sitting on substantial profits, and this has triggered a noticeable wave of profit-taking.
In early June, data shows that these early holders began distributing their holdings at an average rate of $68.8 million per day (7-day SMA), indicating a significant phase of selling pressure and a potential redistribution of tokens from long-term holders to newer participants in the market.
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Where Are the Key Support and Resistance Zones?
A Fibonacci retracement from the swing low near $1.50 to the May high of $2.87 shows key levels that the market is now testing.
- Support Zone 1: $2.05 (0.618 retracement)
- Support Zone 2: $1.86 (0.786 retracement)
- Major Psychological Support: $2.00
If $XRP price fails to hold the $2.05 level, we may see a retest of the $1.86 zone. That would represent a drop of roughly 8.33% from the current level.
On the upside, the first resistance is at $2.10, followed by $2.30 and $2.50. A break above $2.30 could trigger short covering and attract new buyers.
Can $XRP Price Still Bounce Back?
While the current structure favors bears, $XRP has a history of quick reversals near the $2 mark. If the price forms a double-bottom structure or shows bullish divergence in RSI, a rebound toward $2.30 is possible. If $XRP manages to reclaim $2.30, we could see a price gain of 11.33%
But for that to happen, buyers must step in quickly to prevent further erosion of confidence. Watch for a green Heikin Ashi candle with a long body — it may signal that sellers are exhausted.
$XRP Price Prediction: What’s Likely This Week?
The current chart setup shows that $XRP price is at a make-or-break moment. Based on recent price behavior, here’s what could play out in the next 5–10 trading sessions:
- Bearish Case: Break below $2.05 → target $1.86
- Bullish Case: Bounce above $2.10 → target $2.30
- Neutral Case: Consolidation between $2.00 and $2.15
Given the RSI and price action, the bearish case currently looks more probable unless volume spikes in the next few days.
$XRP price is clinging to support at $2.05. While a bounce is possible, the overall momentum is weak and buyers are clearly on the sidelines. If you're considering entry, wait for a clear signal above $2.10 with rising volume. Otherwise, prepare for a potential dip toward $1.86 before any meaningful recovery.
How to Buy $XRP Coin On Bitget with few simple steps?
Create Your Bitget Account
Start by signing up on Bitget using this referral link to unlock a welcome bonus:
https://partner.bitget.com/bg/cryptoticker
Verify Your Identity
Complete the KYC process by submitting your ID and required documents. This step is important for secure and regulation-compliant trading.
Add Funds to Your Account
Choose from multiple payment options like bank transfers, credit/debit cards, or crypto deposits to fund your account.
Access the Trading Dashboard
Head over to the trading section on Bitget and search for “$XRP” in the market pair list.
Buy $XRP
Use your available funds to place a trade or swap into $XRP. Once confirmed, the $XRP will be available in your wallet.
$XRP, $Ripple