The price of XRP is slightly higher than the simple moving average for 50 days, hovering near $ 2.28. However, buyers showed light attention, but it is not enough to impose a outbreak of the main resistance.
The price has risen from less than $ 2.10 to its current level in the past two weeks, indicating signs of recovery.
However, XRP has not yet been published a clear closure above the 2.30 dollar level, which will be necessary to confirm any continuous upward trend.
Meanwhile, the volume of sound remains silent and technical indicators show that the sellers are not completely outside the picture.
Let’s take a look at what the daily indicators reveal about XRP momentum.
Readings XRP indicators on the daily chart
| name | value | an act |
| RSI (Relative Power Index) | 41.456 | Weak momentum, declining |
| MACD (12,26) | -002 | Negative crossover, landing |
| CCI (commodity channel index) | 151.8361 | The sale area, Al -Hubudia |
| Stochastic oscillator (9,6) | 31.947 | Low reading, oblique landing |
| The final oscillator | 35.993 | Weak momentum, declining |
| ATR (Average real range) | 0.0202 | High fluctuations, wide price fluctuations |
Most indicators still indicate negative pressure. The momentum is weak, and there is no strong purchase signal yet.
You suggest reading CCI XRP is trading much lower than its average priceWhile randomness and RSI are stuck in neutral areas to the seed. ATR shows an increase in volatility, which may lead to more visible moves during the day in either direction.
What tells us moving averages
In the short and medium term Moving averages Submit a mixed image. Simple moving averages indicate 20 days and 50 days, where the XRP price sits near these levels or just less.
This indicates short -term resistance is still being held. However, the moving averages for 100 days and 200 days make purchase signals.
This indicates that although the short -term momentum stops, the long -term look may improve. The price of XRP did not explode after SMA for 50 days, which remains the main level of watching.
Prediction at XRP price for today (June 12)
Haboudia’s case: If XRP slips to less than $ 2.25, there is a good opportunity to exceed it towards the support area of $ 2.20. This step is likely to feed more selling pressure or if the total encryption market begins to shift again.
Realistic state: The price of XRP may remain between $ 2.25 and $ 2.35 today. This would reflect the continuation of the current behavior associated with the range while waiting for external size or incentives.
The upscale issue: If XRP is closed over the resistance area of $ 2.30 – $ 2.35 with a strong size, the payment can be about $ 2.40 or even $ 2.50. A certain collapse would represent a transformation in momentum.
Also read: Floki prices regain the key area – will a 25 % crowd come?
At this stage, the trend remains neutral. The clear break that exceeds $ 2.35 will be the first sign of renewable strength, but unless this happens with size, it is possible that the XRP price continues to move sideways.
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