XRP price is still stuck in a side range after declining earlier this month. Although there is a small bounce of $ 2.00, the price did not take a strong step in either direction.
The momentum picks up a little after it rose by 1.58 % last day, but so far, buyers have not shown enough force to break the resistance.
XRP currently sits about $ 2.13, just slightly higher than the moving average for 9 days. This is a decent sign, but it is not enough to say that the outbreak happens yet.
Let’s take a closer look at how today.
What we got yesterday
Yesterday’s prediction, we indicated that the price of XRP is likely to remain between $ 2.00 and $ 2.30 unless something changed.
This is exactly what happened. Pay the price slightly higher, but he could not break $ 2.20. As expected, the market is still moving sideways, and nothing has changed to this day.
We have also mentioned that more procedures related to the extent were unlikely without a clear outbreak. To date, this is still the story.
Overview of Daily XRP (June 28)
- The current price: $ 2.1329
- 24 hours: 2.0671 dollars – 2.1556 dollars
- 9 days SMA: $ 2.1263
- Quantity: It is still low
The price of XRP sits above the short -term moving average. This level was behaving like the ceiling for weeks. The price is still stuck between the resistance at $ 2.20 – 2.25 dollars and supported about $ 2.00.
What the XRP scheme tells us
XRP has tried to recover with a strong candle on June 25, but since then, he did not follow it. The last two candles are small and not very convincing, showing the frequency of buyers.
The range is still between $ 2.00 and $ 2.25. Unless the XRP price can fracture over $ 2.30, it is difficult to say that the trend has already turned.
Technical indicators (daily time frame)
| index | value | What does it mean |
| RSI (14) | 58.371 | The structure of the inclined ascension |
| ADX (14) | 29.651 | The trend is increasing strength |
| MACD (12,26) | -00.007 | A weak downward signal |
| CCI (14) | 299.4519 | It may be excessive, you may need to calm down |
| ROC | 2.492 | Show the upward pressure of light |
| Taurus power/bear (13) | 0.0565 | The bulls have a slight edge |
summary: Most of the indicators began to climb the tendencyBut it is not yet clear. CCI shows that things may be somewhat eloquence, and MACD is still hanging in a slightly declining area.
What can happen after that?
Al -Swario Al -Swami:
If XRP is able to collapse over $ 2.30 with a strong size behind it, there is a good opportunity because it may go about $ 2.50. But this step is still playing yet.
The neutral scenario:
If the price of XRP remains stuck between $ 2.00 and $ 2.30, expect more sides until something changes.
Detaire scenario:
If XRP slip to less than $ 2.00, it may start to go about $ 1.85, or even $ 1.75 if the sale is chosen again.
Also read: Ripple Insider predicts the new XRP leveling path – “SEC is somewhat the same
Final ideas
Now, XRP is in a state of uncertainty. The price is steadfast, but not erupted. Some momentum returns, but the indicators indicate that the break may come.
as long as The price of XRP continues to bounce between $ 2.00 and $ 2.30Traders are likely to continue waiting for a real outbreak to set the tone.
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