Should You Buy XRP Before the Next Big Move?
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?
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.
-> Ready to trade crypto? Join Bitget with zero spot fees and exclusive trading bonuses.
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
Read More
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Should You Buy XRP Before the Next Big Move?
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?
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.
-> Ready to trade crypto? Join Bitget with zero spot fees and exclusive trading bonuses.
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
Read More