XRP Price Prediction for 3rd June 2025: Will Bears Push Price Below $2.10 After Triangle Breakdown?
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After stalling beneath the $2.20 handle, XRP price today is retreating under mounting pressure from a descending triangle structure. At the time of writing, XRP trades at $2.148, down over 1.4% in the past 24 hours, with price action pressing into the lower support band around $2.14. The broader structure suggests a decisive breakdown could be approaching if bulls fail to defend this zone.
What’s Happening With XRP’s Price?
The short-term XRP price action on the 30-minute chart reveals a clear rejection from $2.18, followed by a progressive decline along a descending resistance trendline. This setup is forming a bearish triangle, with the lower support base between $2.13 and $2.14 now repeatedly tested. A break beneath this could open the door for a move toward $2.10 or even $2.08.
The daily chart reinforces this weakness, with XRP extending its rejection from the $2.50–$2.60 resistance band. This red supply zone has capped multiple upside attempts since April, confirming it as a major bearish block. Price is now leaning on a rising trendline that dates back to March lows. If this base collapses, a deeper pullback i…
The post XRP Price Prediction for 3rd June 2025: Will Bears Push Price Below $2.10 After Triangle Breakdown? appeared first on Coin Edition.
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$ 0.160
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$ 1.93
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В этой новости
Монеты
$ 0.160
-6.55%$ 1.93
-3.41%$ 0.0000824
$ 0.000207
$ 0.00132
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XRP Price Prediction for 3rd June 2025: Will Bears Push Price Below $2.10 After Triangle Breakdown?
Поделиться:
After stalling beneath the $2.20 handle, XRP price today is retreating under mounting pressure from a descending triangle structure. At the time of writing, XRP trades at $2.148, down over 1.4% in the past 24 hours, with price action pressing into the lower support band around $2.14. The broader structure suggests a decisive breakdown could be approaching if bulls fail to defend this zone.
What’s Happening With XRP’s Price?
The short-term XRP price action on the 30-minute chart reveals a clear rejection from $2.18, followed by a progressive decline along a descending resistance trendline. This setup is forming a bearish triangle, with the lower support base between $2.13 and $2.14 now repeatedly tested. A break beneath this could open the door for a move toward $2.10 or even $2.08.
The daily chart reinforces this weakness, with XRP extending its rejection from the $2.50–$2.60 resistance band. This red supply zone has capped multiple upside attempts since April, confirming it as a major bearish block. Price is now leaning on a rising trendline that dates back to March lows. If this base collapses, a deeper pullback i…
The post XRP Price Prediction for 3rd June 2025: Will Bears Push Price Below $2.10 After Triangle Breakdown? appeared first on Coin Edition.
В этой новости
Монеты
$ 0.160
-6.55%$ 1.93
-3.41%$ 0.0000824
$ 0.000207
$ 0.00132
Поделиться:
В этой новости
Монеты
$ 0.160
-6.55%$ 1.93
-3.41%$ 0.0000824
$ 0.000207
$ 0.00132
Поделиться:
Читать больше
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