Ripple’s XRP price is trading about $ 2.02 after a recovery from the lowest local level near $ 1.88. The move comes after a sharp drop from its highest levels earlier about $ 2.15, but the momentum is still fragile as the distinctive symbol is struggling to restore the lost land.
Although the bounce has raised XRP to the highest level of $ 2.00, the price remains much lower than the descending trend line that has been identified since mid -May. With no confirmed reflection and low volume behind recovery, XRP continues to trade under Habbudian conditions.
Let’s take a closer look at today’s preparation.
Overview of Daily XRP (June 23)
- The current price: 2.0201 dollars
- 24 hours change: 2.38 %
- 4H RSI (14): 51.63
- 24 hours size: +65.13 %
The price of XRP moves within a narrow range after its recovery from the support area of $ 1.88. An area of $ 2.10 – $ 2.15, which was previously supported, is resistance. The longer the longer price is under this area, the higher the risk of low levels. The descending trend line remains without touching and currently sitting about 2.30 – 2.35 dollars.
What the XRP price scheme shows
XRP in a clean, clean direction, with a higher decrease and lower lower domination of the graph. The current bounce lacks the steam needed to reflect the complete direction.
The candlestick structure is still landmark, as sellers enter every simple height. Support, which ranges from 1.85 to $ 1.88, has remained intact so far, but the continuous test may make it weaker. The absence of any kind of upward difference or the formation of reflection gives more importance to landing.
In addition, if a break of $ 1.88, the next potential support level is about 1.75 – 1.78 dollars.
Technical indicators (time frame)
| index | value | Sign / Interpretation |
| RSI (14) | 51.637 | Neutral and balanced momentum |
| MACD (12,26) | -0.008 | Detaire, moderate negative momentum |
| CCI (14) | 87.6567 | The bullish pressure in the short term |
| The final oscillator | 62.384 | Buy power over time frames |
| Stochastic (9,6) | 89.433 | Its purchase is excessive, the risk of retreat |
| ATR (14) | 0.0237 | Low fluctuations, silent work |
summary: The indicators are mixed. MACD still shows negative pressureWhile CCI and the final oscillator indicate the purchase of interest. Stoxite warns of excessive conditions in the peak, and ATR suggests that the price may remain calm unless the catalyst appears.
Prediction Scenaries at XRP price
Al -Swario Al -Swami:
If XRP exceeds $ 2.15 with size, the payment can be about $ 2.30. There is nothing to constitute this preparation yet.
The neutral scenario:
As long as the range from 1.88 to $ 2.10, the XRP price may last for the side integration between those levels.
Detaire scenario:
Less than $ 1.88 will make the sale more intense, with the next support at $ 1.75 or even $ 1.60.
conclusion
The price of XRP remains in the direction of the bear and cannot break its downward direction line. Although the bounce at $ 2.00 looks good, it lacks size and structure.
Traders are now watching to see if the support of $ 1.88 will remain mobile. Without further bullish strength, XRP can remain associated with the group or continue to fall.
Also read: The market analyst occupies the budget triangle on the ONDo price scheme – will it come 3 dollars in 2025?
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