XRP Price Prediction Today: Daily (XRP) Value Forecast – July 2
- On the downside, if the bearish trend is ongoing, the candlestick will test the resistance of the trend line and resume its downward fall.
- On the downside, if bearish pressure continues, the crypto’s price may fall into a previous range bound zone of the $0.30 and $0.34 price levels.
XRP/USD Medium-term Trend: Bearish
- Resistance Levels: $ 0.44, $0.46, $ 0.48
- Support Levels: $0.45, $0.40-, $0.38
Yesterday, July 1, the XRP coin attempted to make an upward move but was resisted. On June 22, the crypto’s price reached a high of $0.51 but was resisted. The crypto’s price had been gradually falling as the bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The XRP price is below the EMAs which indicates that price likely to fall.
On the daily chart, a bearish trend line has been drawn to determine the duration of the bearish trend. On the downside, if the bearish trend is ongoing, the candlestick will test the resistance of the trend line and resume its downward fall. However, if the bearish trend is terminated, it will show technically on the trend line tool.
That is a bullish candlestick will break the trend line and another candlestick will close on the opposite of it. On the downside, if bearish pressure continues, the crypto’s price may fall into a previous range bound zone of the $0.30 and $0.34 price levels. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
XRP/USD Short-term Trend: Bearish
On the 1-hour chart, the XRP price is in a bearish trend. The crypto’s price faces resistance at the $0.43 and $0.42 price levels. The 12-day EMA and the 26-day EMA are trending southward. On June 30, the bulls were resisted and the price fell below the EMAs at a low of $0.41 price level.
On July 1, the bulls made two attempts to break the resistance at $0.42 price level but the price fell to a low at $0.39 price level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.
XRP’s price is $0.25 XRP/USD exchange rate today. The real-time XRP market cap of $10.67 Billion currently ranks #4 with , daily trading volume of $186.84 Million and live coin value change of XRP 2.46 in the last 24 hours.
Live Ripple (XRP) Price:
1 XRP/USD =$0.2464 change ~ 2.46%
Latest Ripple Industry News and XRP Coin Analysis Updates
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