XRP (XRP) Price Prediction for June 04 2025
The post XRP (XRP) Price Prediction for June 04 2025 appeared on BitcoinEthereumNews.com. After showing signs of revival from multi-week lows, XRP price today is holding above the $2.19 handle, reflecting modest recovery attempts amid broader market volatility. The token’s rebound from the $2.08 support base has so far lacked strong follow-through, raising questions about whether bulls can sustain momentum heading into the mid-week session. At the time of writing, XRP price is trading near $2.194, having gained marginally in the last 24 hours, but remains capped below the $2.22–$2.26 supply wall. What’s Happening With XRP’s Price? The short-term bounce in XRP price action comes after a near 10% correction in late May that dragged the pair down toward key ascending support near $2.08. This zone aligns with the lower boundary of a rising trendline that has held since March. Following the bounce, XRP briefly reclaimed the $2.20 level but faced immediate rejection from the descending trendline resistance that extends from the April high of $2.58. On the 4-hour chart, the price has formed a narrowing wedge, with bulls defending $2.15 while sellers continue to fade rallies near $2.22. This compression suggests a decisive breakout is imminent. The upside breakout trigger lies near $2.26, while any break below $2.13 may invite renewed selling toward the $2.09–$2.05 demand block. RSI, MACD Show Neutralizing Momentum Momentum indicators suggest caution. The 30-minute Relative Strength Index (RSI) has slipped to 50.82, hovering just above the neutral 50-mark and indicating fading bullish drive. MACD shows a mild bearish crossover, with the histogram flipping red and the signal line overtaking the MACD line slightly—an early sign of weakness in XRP price action. From a medium-term lens, the daily RSI remains balanced near 44, suggesting the current XRP price volatility is not yet translating into directional strength. Momentum is still lagging and awaits a trigger, either from a breakout above…
The post XRP (XRP) Price Prediction for June 04 2025 appeared on BitcoinEthereumNews.com.
After showing signs of revival from multi-week lows, XRP price today is holding above the $2.19 handle, reflecting modest recovery attempts amid broader market volatility. The token’s rebound from the $2.08 support base has so far lacked strong follow-through, raising questions about whether bulls can sustain momentum heading into the mid-week session. At the time of writing, XRP price is trading near $2.194, having gained marginally in the last 24 hours, but remains capped below the $2.22–$2.26 supply wall. What’s Happening With XRP’s Price? The short-term bounce in XRP price action comes after a near 10% correction in late May that dragged the pair down toward key ascending support near $2.08. This zone aligns with the lower boundary of a rising trendline that has held since March. Following the bounce, XRP briefly reclaimed the $2.20 level but faced immediate rejection from the descending trendline resistance that extends from the April high of $2.58. On the 4-hour chart, the price has formed a narrowing wedge, with bulls defending $2.15 while sellers continue to fade rallies near $2.22. This compression suggests a decisive breakout is imminent. The upside breakout trigger lies near $2.26, while any break below $2.13 may invite renewed selling toward the $2.09–$2.05 demand block. RSI, MACD Show Neutralizing Momentum Momentum indicators suggest caution. The 30-minute Relative Strength Index (RSI) has slipped to 50.82, hovering just above the neutral 50-mark and indicating fading bullish drive. MACD shows a mild bearish crossover, with the histogram flipping red and the signal line overtaking the MACD line slightly—an early sign of weakness in XRP price action. From a medium-term lens, the daily RSI remains balanced near 44, suggesting the current XRP price volatility is not yet translating into directional strength. Momentum is still lagging and awaits a trigger, either from a breakout above…
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