XRP Price Prediction for June 07 2025: XRP Attempts Recovery but Faces Key Resistance Near $2.28

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XRP Price Prediction for June 07 2025

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/ZoneValue/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 BiasShort-term rebound inside a larger range

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.


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