• Dogecoin has tapped demand and is now forming liquidity just above it
• A manipulative drop could sweep stops and bounce hard, aiming for the 0.23 zone
• No prediction is certain — this is one possible outcome among many

Back on May 28, I said something that’s been echoing in my head these past few days:

“The liquidity sitting under current price? That’s another story. I wouldn’t be surprised if it gets taken in the coming days. In fact, I’m almost counting on it.”

Well, here we are.

The price dive deep and almost kissed the demand zone we had marked out like it remembered something down there. Not only that, but it’s now building more liquidity right near that same zone.

You know what that reminds me of? One of those scenes in a movie where the villain sets a trap, and the hero unknowingly walks right into it. Except in this case, we might just want the trap to trigger.

What I’d Like to See Next? A Manipulative Flush

If I had it my way (and the market rarely cares), I’d love to see a strong, aggressive move downward — not a meltdown, just one of those manipulative jolts that scare everyone, sweep the liquidity below, and bounce right from the demand.

Something that triggers mass panic, wipes out stops, and shakes weak hands off the train.

Because think about it — how many retail traders placed their stop losses just under that recent structure?

How many breakout buyers would rage quit their longs if we dipped hard for an hour or two?

That’s where I believe smart money might load up — deep in fear territory.

Above 0.23? That’s Where the Stops Are Hiding

If that bounce actually happens — if the demand zone holds with conviction — then 0.23 could be next on the list.

Why? Because that’s where a ton of people placed their stop losses. Think about it: price comes down, fakes the breakdown, then reverses sharply and runs right into all that buy-side liquidity above.

Classic.

And trust me, I’ve been on both sides of this play.

Reminder: These Are Possibilities, Not Promises

I’m not here to sell certainty.

The scenarios I lay out — they’re based on structure, liquidity, behavior. But markets are wild animals. You can tame them for a second, but they’ll turn on you in an instant.

So yes, this is a possible scenario — one that’s played out a thousand times before. But it’s not a guarantee. The market could easily break through demand and never look back.

Stay sharp. Manage risk. And don’t get married to any idea, no matter how good it feels in the moment.

XRP price has crashed in the past few months, moving from a high of $3.40 in January to $2.15 today. It has plunged by over 36% from its highest point this year, meaning that it remains in a deep bear market. It remains 445% above the lowest point last year. This article provides an XRP prediction for June.

XRP Price Prediction for June

Technical analysis is one of the best approaches to predict where a coin will move in a certain period. The daily chart indicates that the XRP price peaked at $3.40 earlier this year and subsequently declined to its current level of $2.15. 

This decline occurred during a period when it should have been performing well. Bitcoin has just soared to a record high, while Ripple has had some notable catalysts. For example, the Securities and Exchange Commission (SEC) ended its lawsuit against Ripple, ending one of the worst crises in the last few years. 

Ripple acquired Hidden Road in a notable deal that positions it as one of the top prime brokers in the cryptocurrency industry. Its stablecoin, Ripple USD (RLUSD) has continued growing, and is now valued at over $300 million. 

Ripple Labs has inked several partnerships, including with companies like Zand Bank, Mamo, and WEIA. 

This daily chart shows that the XRP price has remained under pressure in the past few months. It has plunged to $2.15 and has formed a symmetrical triangle pattern. This pattern is now nearing its confluence level, meaning that a big move is about to happen.

The coin has also formed a bullish pennant pattern, a popular bullish pattern. It has also remained above the 200-day Exponential Moving Average (EMA) and the 50% Fibonacci Retracement level. 

Therefore, the XRP price is likely to experience a strong bullish breakout, with the next key point to watch being at $3.40, representing a 57% increase from the current level. A drop below the support at $1.6137, its lowest point on April 7, will invalidate the bullish view. 

Top Catalysts for Ripple Price

XRP will have several catalysts in June. The most notable catalyst will be the upcoming deadline for the Frankin Templeton XRP ETF on June 17. If approved, the SEC will likely also agree to other similar funds by companies like Grayscale, Bitwise, and VanEck. However, the most likely scenario is where the SEC delays the rollout.

Meanwhile, analysts are highly optimistic that Wall Street investors will welcome XRP ETFs. JPMorgan believes that these funds will receive over $8 billion in inflows in the first year.

Another potential catalyst for the XRP price could be a bid for Circle by Ripple Labs or Coinbase. While Circle is expected to go public, there is a likelihood that Ripple may swing in and place a bid as it seeks to grow its stablecoin business.

Further, any potential big partnerships or buyouts may also have an impact on the XRP price during the month.

READ MORE: XRP Price Prediction: Elliot Wave Points to $5 if Ripple Buys Circle

After stalling beneath key resistance levels for much of the previous week, the Ethereum price today has once again slipped into a corrective mode, triggering concerns of renewed downside. As of writing, Ethereum price is trading near $2,481, down over 2% in the last 24 hours. This drop comes after repeated failures to break above the $2,580–$2,600 supply zone, with price gradually compressing under a descending resistance trendline.

What’s Happening With Ethereum’s Price?

On the 4-hour chart, Ethereum price action has decisively broken below a short-term ascending support line, confirming bearish continuation within a broader consolidation pattern. Price has moved back into the $2,460–$2,500 demand region, a critical area where bulls have previously defended short-term downside. However, recent momentum suggests waning buyer strength.

Multiple breakdown attempts since May 30 have kept ETH capped under the $2,530–$2,550 intraday resistance zone, with trendline pressure pushing price into tighter ranges. The chart structure now resembles a descending triangle, a typically bearish continuation formation that could gain traction if the $2,470 support level gives way.

RSI, MACD, and Stochastic Indicators Show Bearish Drift

Momentum signals further confirm the cautious tone. On the 30-minute chart, RSI has dropped back near 33.29, suggesting Ethereum price volatility may expand if downside levels break. MACD histogram bars have turned red again, and the signal line crossover remains bearish, implying ongoing short-term selling pressure.

Meanwhile, the Stochastic RSI is oscillating in the lower bands, with a fresh bearish crossover below 20 on June 2—signaling that the asset is struggling to recover despite oversold conditions. If this pattern persists, ETH could continue to drift lower toward the $2,450 support zone, where historical bids have shown up in previous weeks.

Cloud Resistance and EMA Rejections Keep Upside Capped

The Ichimoku Cloud on the 30-minute timeframe reinforces the bearish narrative. Price remains beneath the cloud with the baseline and conversion lines aligned above spot levels, reflecting strong resistance near $2,510–$2,520. This confluence has repeatedly repelled upward attempts over the past three sessions.

Adding to this, the 4-hour chart shows Ethereum price is currently pinned below all major exponential moving averages, including the 20, 50, and 100 EMA clusters near $2,525–$2,538. These dynamic resistance bands continue to weigh on any bounce attempts, keeping sentiment in a defensive stance for now.

Bollinger Bands also show a gradual contraction, with price hugging the lower band—a signal that volatility could increase sharply, potentially toward the lower support region near $2,420 if bears gain momentum.

Weekly Fibonacci and Structure Outlook

Zooming out to the weekly chart, the broader structure suggests that ETH remains trapped between the 0.382 and 0.5 Fibonacci levels, spanning $2,425–$2,745. This mid-Fibonacci compression is typically a battleground zone, and the inability to break through $2,745 (0.5 Fib) over the past few weeks signals broader consolidation.

A decisive breakout above the $2,580–$2,600 ceiling is needed to validate any renewed bullish breakout attempt. Until then, Ethereum price update remains range-bound, with a bearish tilt due to the descending triangle pressure and weakening momentum signals.

Short-Term Forecast: Can ETH Hold $2,450?

The question now is: Why is the Ethereum price going down today? The answer lies in the repeated rejection from dynamic resistance levels and fading momentum on multiple timeframes. Unless buyers can reclaim $2,530 with strong volume, the risk of further downside remains elevated.

In the near term, watch the $2,470–$2,450 zone closely. If this floor fails, ETH may quickly slide toward the $2,420–$2,400 support band. On the flip side, a bounce from current levels and a break above $2,530 could lead to a short-term relief push toward $2,580 and eventually $2,600.

Ethereum (ETH) Price Forecast Table

The Ethereum price today is struggling to maintain bullish structure as multiple rejections from resistance zones continue to weigh on price. Until a clean break above $2,580 occurs, bears remain in control. For now, eyes remain on the $2,450–$2,470 zone, which may dictate the next major directional move in the days ahead.