The post XRP Price Prediction: XRP Approaches Technical Breakout — Will the Price Pass $2.60 by June? appeared on BitcoinEthereumNews.com.

XRP is once again in the crypto spotlight as traders watch closely for signs of a potential breakout past the $2.60 mark in short-term forecasts. Following a recent rally and subsequent pullback, analysts are weighing both technical indicators and macro factors to determine whether the Ripple-associated token can regain upward momentum before the end of June. XRP Price Under Pressure After Rally The XRP price is currently hovering near $2.23 after failing to hold gains above the $2.35 resistance zone earlier this week. The token saw a notable uptick alongside a broader altcoin rally, but strong selling pressure quickly emerged at the upper resistance level, signaling potential profit-taking by institutional players. XRP was trading at around $2.19, down 0.66% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin According to market analysts, XRP’s recent rejection near $2.36 triggered a short-term change of character. The Smart Money Concepts (SMC) model suggests the token tapped into a key supply zone, where traders likely offloaded large positions. This is further confirmed by a bearish divergence in the Relative Strength Index (RSI) and weakening signals in the MACD, pointing to a cooldown in momentum. Technical Indicators: Mixed Short-Term Outlook Despite the dip, several indicators suggest the broader uptrend remains intact. The Vortex Indicator (VI) continues to show bullish strength on the 4-hour chart, with the VI+ line staying well above the VI– line. Similarly, the True Strength Index (TSI) displays a wide divergence between its positive and signal lines, indicating there’s still underlying momentum for an upward move. However, caution persists. The Supertrend indicator has flipped bearish on lower timeframes, and the Ichimoku Cloud shows XRP testing its lower edge. If the price breaks decisively below the $2.15 support region, analysts warn it could trigger a…

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Filed under: News - @ June 17, 2025 3:25 pm