Category: Crypto News, News

XRP Price Prediction for June 11

By Published On: June 11, 20241.2 min readViews: 520 Comments on XRP Price Prediction for June 11


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The correction of most of the coins is continuing, according to CoinMarketCap.

Top coins by CoinMarketCap

XRP/USD

The rate of XRP has declined by almost 2% since yesterday.

Image by TradingView
Even though the trend is bearish, the price of XRP has made a false brekaout of the local support level of $0.4793. If the daily bar closes far from it, there is a chance to see a test of the resistance by tomorrow.

Image by TradingView
On the bigger time frame, the rate of XRP keeps going down after yesterday’s bearish closure. If the bar closes near $0.48 or below it, the decline is likely to continue to the $0.46 zone.

Image by TradingView
From the midterm point of view, the picture is quite similar. The price has once again failed to fix above the vital zone of $0.50. If buyers cannot seize the initiative by the end of the week, one can expect a test of the resistance of $0.4309 soon.

XRP is trading at $0.4859 at press time.

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