XRP is currently trading $ 2.12 and still cannot get out of the monotheism after the steam loss above the main resistance earlier in June.
The momentum still looks weak, since the XRP price is higher than the support, it trades with low confidence and a lot of fluctuations.
After struggling to stay over $ 2.20 earlier this week, XRP now settled near $ 2.12. The descending trend line lasts late to determine which attempts to collect, while support is tested near $ 2.08 frequently.
Let’s take a closer look at today’s preparation.
What we got yesterday
On the forecast yesterday, we noticed that the support zone is 2.10 dollars to dictate the direction of the day. We have also warned that failure to rebound from this region can open the door to move about $ 2.00.
This scenario began to crystallize. The price of XRP has decreased about $ 2.08 and a brief recovery but is still trading much lower than the resistance area from 2.20 to $ 2.30, but it still shows a weak momentum.
We also highlighted the possibility of outbringing or collapse with the continued pressure between the scattered trend line and horizontal support. This setting is still valid, with no clear directional step yet.
Overview of Daily XRP (June 21)
- The current price: $ 2.1249
- 24 hours change: -1.84 %
- 4H RSI (14): 37.01
- Quantity: Moderate, with no increase in purchase activity
The XRP price continues to move sideways within the narrowing range. The support area has been placed from 2.08 to $ 2.10 at the present time, but repeated tests began to weaken the base. Meanwhile, the descending trend line continues from late May to work as a resistance, now sitting near $ 2.30.
What the XRP chart shows
The XRP scheme is still firmly. The price is formed to the highest low levels and less than its lowest levels, as sellers intervene in each simple bounce.
The candles are small and most of them are not crucial, and the last rejection near $ 2.23 and $ 2.25 shows that there is no momentum required to reverse. Until the price of XRP is closed above $ 2.30 on a strong size, the trend remains in favor of the bears.
If $ 2.08 collapses, there is a strong opportunity to test the level of $ 2.00, or even a $ 1.95 region that was seen earlier this month.
Technical indicators (daily time frame)
| index | value | Sign / Interpretation |
| RSI (14) | 37.01 | Land, approaching the sale |
| MACD (12,26) | -0.01 | Weakness |
| CCI (14) | 72.49 | Light downward pressure |
| The final oscillator | 49.22 | A neutral area, an unspecified momentum |
| Stochastic (9,6) | 41.98 | Detaire, strength fades |
| ATR (14) | 0.0167 | Fluctuations |
summary: Most indicators tend to drop. RSI and MACD appear weak momentum, and moving averages continue to pressure from the top. ATR suggests the possibility of larger movements, but the trend is still uncertain.
Prediction Scenaries at XRP price
Al -Swario Al -Swami:
The closure of a break over $ 2.30 with a strong road size can open to $ 2.40 or $ 2.50. There are no signs of this yet.
The neutral scenario:
If support from $ 2.08 to $ 2.10 has risen, the XRP price is likely to last between $ 2.10 and $ 2.30 until something is broken.
Detaire scenario:
If XRP slips to less than $ 2.08, we can see this decreases further, as the following support areas are likely to be about $ 2.00 and $ 1.95.
Also read: Here’s the XRP price if Ripple Partners with 50+ Central Banks
conclusion
XRP is still under pressure, stuck between resistance near $ 2.30 and support at $ 2.08. The graphs tend to drop unless buyers can push them over the falling trend line.
Merchants are waiting to find out if it is The XRP price can finally come out of its current domain. Currently, it is just a side move with poor momentum.
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