XRP (XRP) Price Prediction for June 10 2025
The post XRP (XRP) Price Prediction for June 10 2025 appeared on BitcoinEthereumNews.com.
After an extended correction throughout May, XRP price has begun showing early signs of stabilization above the $2.06 support zone. With price action breaking a key descending trendline on the 4-hour chart and holding gains around $2.21, short-term traders are eyeing the possibility of a bullish recovery as June 10 approaches. What’s Happening With XRP’s Price? On the weekly chart, XRP price today is trading around $2.21 after bouncing off the mid-range of its Fibonacci retracement zone. The price has rebounded over 7% from its local low of $2.06, retesting a declining resistance trendline for the third time. This level coincides with the 38.2% Fibonacci zone, suggesting a critical juncture where bulls must hold ground for further upside. The XRP price action has remained volatile since failing to clear the $2.54 region earlier in May. However, this recent reclaim of the $2.20 zone, alongside bullish divergence on lower timeframes, signals growing strength. XRP Price Attempts Trendline Break on 4H Chart The 4-hour chart shows a clear break above a multi-session descending trendline, which had previously capped every attempt at recovery. XRP price spikes on June 7 and 8 pushed the token as high as $2.22 before meeting resistance. The breakout zone near $2.17–$2.19 now serves as a pivot zone. Key resistance sits near $2.25–$2.27, followed by a heavier supply zone between $2.35 and $2.45. If bulls manage to sustain this push and flip $2.27 into support, the next upside target could open toward $2.54. Meanwhile, lower support remains at $2.06, a level that aligns with both horizontal demand and an ascending channel base. Indicators Show Improving Momentum Momentum indicators on lower timeframes are tilting in favor of bulls. The RSI on the 30-minute chart has bounced from the mid-40s to 62.16, indicating strengthening demand without being overbought. The MACD also…
Filed under: News - @ June 8, 2025 6:18 pm