XRP Price Prediction Today: Daily (XRP) Value Forecast – June 10
- On the downside, if price breaks below the $0.38 price level, the market will fall and reach the lows of $0.30 and $0.32 price level.
- On the other hand, if the $0.38 price level holds, the crypto will continue its range bound move between the levels of $0.38 and $0.46.
XRP/USD Medium-term Trend: Bearish
- Resistance Levels: $ 0.44, $0.46, $ 0.48
- Support Levels: $0.38, $0.36, $0.34
Last week the XRP price was in a bearish trend. On June 3, the bulls were resisted at the $0.46 overhead resistance level. The price fell to the support of the 26-day EMA and made a pulled back above the 12-day EMA. The crypto’s price was resisted at the $0.42 resistance level. The downtrend is continuing as the bears break below the EMAs.
However, if crypto’s price is below the 12-day EMA and the 26-day EMA the XRP price is likely to fall. Nevertheless, if another bearish candlestick closes below the EMAs, it is confirmed that the price is in a downtrend zone. On the downside, if price breaks below the $0.38 price level, the market will fall and reach the lows of $0.30 and $0.32 price level.
On the other hand, if the $0.38 price level holds, the crypto will continue its range bound move between the levels of $0.38 and $0.46. 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 was in a bearish trend zone. On June 7, the market was on a downward correction after the resistance at the $0.43 price level. The crypto’s price fell to the support of the $0.40 price level and resumed a range bound move. The downward fall continues as the market reached the low at $0.38 price level.
A trend line has been drawn to determine the duration of the trend. A bullish candlestick is approaching the trend line and if the trend line is broken and another candlestick closes on the opposite it; then it is assumed that the trend has been terminated. Presently, the bearish trend has been terminated. 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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