XRP (XRP) Price Prediction for June 05 2025: Can Bulls Hold Above $2.24 as Symmetrical Triangle Tightens?
The XRP price today is trading near $2.25, gaining modest ground after a temporary recovery from June 2 lows. Over the past 48 hours, XRP price action has carved out a symmetrical triangle structure on lower timeframes, showing consolidation between $2.22 support and $2.28 resistance. As June 5 approaches, traders are watching closely to see if XRP can break free from this tightening range.
On the weekly chart, XRP remains above the 38.2% Fibonacci retracement of the macro rally, but still struggles to reclaim the key 0.5 retracement at $2.57. This longer-term level has repeatedly capped upside attempts since mid-April, highlighting lingering macro resistance.
What’s Happening With XRP’s Price?
On the daily and 4-hour charts, XRP price volatility has gradually compressed into a triangle bounded by $2.22 on the downside and $2.28–$2.30 on the upside. Price is currently coiling within this pattern, creating a setup where breakout direction could define the trend for the coming days. The support trendline from late May has held firm so far, and the bounce on June 3 from $2.21 …
The post XRP (XRP) Price Prediction for June 05 2025: Can Bulls Hold Above $2.24 as Symmetrical Triangle Tightens? appeared first on Coin Edition.
Read More
XRP Price Prediction: Chinese Company Files to Buy $300M XRP – $100 XRP Incoming?
XRP Price Prediction for June 07 2025: XRP Attempts Recovery but Faces Key Resistance Near $2.28
XRP (XRP) Price Prediction for June 05 2025: Can Bulls Hold Above $2.24 as Symmetrical Triangle Tightens?
The XRP price today is trading near $2.25, gaining modest ground after a temporary recovery from June 2 lows. Over the past 48 hours, XRP price action has carved out a symmetrical triangle structure on lower timeframes, showing consolidation between $2.22 support and $2.28 resistance. As June 5 approaches, traders are watching closely to see if XRP can break free from this tightening range.
On the weekly chart, XRP remains above the 38.2% Fibonacci retracement of the macro rally, but still struggles to reclaim the key 0.5 retracement at $2.57. This longer-term level has repeatedly capped upside attempts since mid-April, highlighting lingering macro resistance.
What’s Happening With XRP’s Price?
On the daily and 4-hour charts, XRP price volatility has gradually compressed into a triangle bounded by $2.22 on the downside and $2.28–$2.30 on the upside. Price is currently coiling within this pattern, creating a setup where breakout direction could define the trend for the coming days. The support trendline from late May has held firm so far, and the bounce on June 3 from $2.21 …
The post XRP (XRP) Price Prediction for June 05 2025: Can Bulls Hold Above $2.24 as Symmetrical Triangle Tightens? appeared first on Coin Edition.
Read More
XRP Price Prediction: Chinese Company Files to Buy $300M XRP – $100 XRP Incoming?