XRP Price Prediction For 1st June, 2025: Bulls Reclaim Ground As Reversal Signs Emerge Near Fib Support
The XRP price is attempting a modest recovery after suffering a sharp drawdown earlier this week. At the time of writing, XRP is trading near $2.15, up approximately 0.7% in the last 24 hours. While the broader market remains in consolidation mode, XRP price action shows early signs of stabilization after bouncing off a critical weekly Fibonacci level. Traders are watching closely as the token tests key moving averages and momentum indicators begin to flatten, offering a potential springboard for short-term upside.
What’s Happening With XRP’s Price?
Over the past week, XRP price corrected from the $2.60 zone, shedding nearly 18% and briefly dipping toward $2.08 before stabilizing. The correction found footing near the 0.382 Fibonacci retracement level on the weekly chart, a zone that has historically served as strong demand. This bounce comes amid growing interest from retail traders and renewed speculative activity around potential ETF approvals for XRP in mid-2025.
On the 4-hour chart, XRP price action has reclaimed the $2.14–$2.15 region after a failed breakdown. This zo…
The post XRP Price Prediction For 1st June, 2025: Bulls Reclaim Ground As Reversal Signs Emerge Near Fib Support appeared first on Coin Edition.
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XRP Price Prediction For 1st June, 2025: Bulls Reclaim Ground As Reversal Signs Emerge Near Fib Support
The XRP price is attempting a modest recovery after suffering a sharp drawdown earlier this week. At the time of writing, XRP is trading near $2.15, up approximately 0.7% in the last 24 hours. While the broader market remains in consolidation mode, XRP price action shows early signs of stabilization after bouncing off a critical weekly Fibonacci level. Traders are watching closely as the token tests key moving averages and momentum indicators begin to flatten, offering a potential springboard for short-term upside.
What’s Happening With XRP’s Price?
Over the past week, XRP price corrected from the $2.60 zone, shedding nearly 18% and briefly dipping toward $2.08 before stabilizing. The correction found footing near the 0.382 Fibonacci retracement level on the weekly chart, a zone that has historically served as strong demand. This bounce comes amid growing interest from retail traders and renewed speculative activity around potential ETF approvals for XRP in mid-2025.
On the 4-hour chart, XRP price action has reclaimed the $2.14–$2.15 region after a failed breakdown. This zo…
The post XRP Price Prediction For 1st June, 2025: Bulls Reclaim Ground As Reversal Signs Emerge Near Fib Support appeared first on Coin Edition.
Read More