XRP price today is trading near $2.15, showing early signs of stabilization following a sharp drop below $2.10 during the June 5 session. After finding support at a key trendline and Fibonacci zone, the asset is attempting a short-term rebound. However, overhead resistance zones remain strong, limiting immediate upside potential.
What’s Happening With XRP’s Price?
Following a deep pullback from the $2.56 region in late May, XRP price found fresh demand near $2.08, a confluence of prior support and the 0.618 Fibonacci retracement zone. The daily chart shows price attempting to rebound from that level, with a bullish hammer candle hinting at renewed buyer interest.
On the 4-hour chart, XRP is now trading just above $2.15, testing a narrow descending trendline that previously acted as resistance. If bulls can push past $2.19–$2.22, the next upside target emerges at $2.28, where price last faced heavy selling pressure.
Momentum Indicators Signal Mixed Strength
RSI on the 30-minute chart has risen to 59.87, indicating a shift from bearish to neutral territory. MACD has crossed into positive momentum, with the histogram steadily climbing since the June 6 bottom. This is supported by early strength in Stoch RSI, which is now deep in the overbought zone above 94. Such a reading may precede a brief consolidation or minor pullback.
The Ichimoku Cloud shows XRP attempting to break into the Kumo from below on the 30-minute timeframe. The Tenkan-sen and Kijun-sen are bullishly aligned, but the flat top of the cloud at $2.18 could serve as resistance during the next leg higher.
XRP Price Action Faces Layered Resistance Zones
The 4-hour Bollinger Bands show XRP pushing back toward the midline, currently near $2.20. A clean break above this level would signal a reclaim of momentum, with further upside possible toward the upper Bollinger Band near $2.30.
Key resistance zones to watch:
- $2.18–$2.22: Short-term supply zone and Bollinger midline
- $2.28: Prior breakout failure and descending trendline cap
- $2.56: Major high and Fibonacci extension zone
On the downside, XRP price is supported at:
- $2.08: 0.618 Fib level and short-term trendline support
- $2.04–$2.00: Daily demand zone
- $1.93: Deeper retracement base and last impulse low
Until XRP breaks decisively above $2.28 or loses support below $2.00, XRP price volatility may remain elevated within this range.
Why XRP Price Going Up Today
The answer to why XRP price going up today lies in the strong bounce from $2.08, aided by technical recovery signals and a broader risk-on tone across altcoins. Indicators such as RSI and MACD confirm early bullish momentum on lower timeframes, while the 30-minute Ichimoku setup hints at possible continuation if XRP can flip $2.18 into support.
Short-Term Outlook for XRP
Overall, XRP price update suggests the asset is entering a reactive bounce phase, with upside capped by strong resistance between $2.22 and $2.28. A daily close above $2.30 would be needed to confirm a stronger reversal trend. For now, traders should expect short-term price swings within a defined range, driven by momentum fluctuations and market sentiment shifts.
Technical Forecast Summary:
| Indicator/Zone | Value/Level |
| Current Price | $2.150 |
| Resistance Levels | $2.22 / $2.28 / $2.56 |
| Support Levels | $2.08 / $2.00 / $1.93 |
| RSI (30-min) | 59.87 (neutral-bullish) |
| MACD (30-min) | Bullish crossover |
| Trend Bias | Short-term rebound inside a larger range |
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