XRP Price Prediction Today: Daily (XRP) Value Forecast – June 12
- On the upside, if the bulls break the trend line, the XRP market will be in an uptrend.
- However, if the bulls fail to break the trend line, the XRP price will resume its downtrend.
XRP/USD Medium-term Trend: Bearish
- Resistance Levels: $ 0.44, $0.46, $ 0.48
- Support Levels: $0.38, $0.36, $0.34
Yesterday, June 11, the XRP price was in a bearish trend. Yesterday, the coin was making a series of lower highs and lower lows. A trend line was drawn yesterday to determine the duration of the bearish trend. The bearish trend is assumed terminated if the trend line is broken and a confirmation candlestick is opened and closed in the opposite of it.
From the chart, the trend is ongoing because the trend line is unbroken. Yesterday, the crypto made a bullish move but was resisted near the trend line. Today, the market is making an upward move to retest the bearish trend line. On the upside, if the bulls break the trend line, the XRP market will be in an uptrend. However, if the bulls fail to break the trend line, the XRP price will resume its downtrend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal
XRP/USD Short-term Trend: Ranging
On the 1-hour chart, the XRP price was in a sideways trend zone. The XRP market is trading in a tight range between the levels $0.38500 and $0.4000. The 12-day EMA and the 26-day EMA are horizontally flat indicating the sideways trend.
The market has the appearance of small body candlesticks like the Doji and the spinning tops which describe the indecision between the buyers and sellers. 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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