XRP Price Prediction for June 11: Key Support at $2.25 Holds as Bulls Eye Rebound

After posting a strong breakout above $2.25 earlier this week, the XRP price today is hovering around $2.29, slightly off intraday highs near $2.30. The move comes after a brief rejection near the $2.3278 mark, which has emerged as a near-term resistance zone. While the broader market has stabilized, XRP price volatility is beginning to pick up again as bulls and bears battle near key short-term trendlines.

What’s Happening With XRP’s Price?

The XRP price action has recently formed a tightening range following a breakout from a lower consolidation wedge. On the 30-minute chart, XRP has bounced off the Ichimoku cloud base at $2.2894, showing early signs of defending this structural support. The cloud is beginning to flatten, signaling a potential pause in momentum, while the Tenkan-Sen and Kijun-Sen lines remain tightly compressed — a setup often preceding a breakout move.

Stochastic RSI is deep in the oversold zone at 4.84/1.91, indicating a potential bullish reversal if price holds above the cloud. At the same time, price continues to trade just above the flat Kijun-Sen line, which has previously served as a bounce point during prior consolidations.

Why is the XRP Price Going Down Today?

The answer to why XRP price going down today lies in a classic rejection from short-term resistance and weakening momentum on intraday indicators. The 30-minute RSI has dropped to 44.55 from overbought levels earlier this week, confirming a loss of bullish drive. The MACD histogram has flattened near the zero line, with its signal line trending downward, reflecting fading upside pressure.

Moreover, XRP was unable to break and close above the $2.3278 resistance band, which coincides with a key descending trendline seen on the 4-hour chart. This failure triggered mild profit-taking as traders reacted to overextended conditions after recent XRP price spikes.

Despite this, price remains well above the rising trendline and 20/50 EMA cluster near $2.25. These levels are now acting as immediate support and may help curb deeper losses if tested again.

XRP Price Update: Can Bulls Retake Control?

The broader structure for XRP remains cautiously bullish, but only if the $2.2493–$2.2890 range holds. This region is supported by both horizontal liquidity pockets and dynamic EMA support on the 4-hour timeframe. A breakdown below this level would expose the $2.2152 confluence zone, which aligns with the ascending support trendline from June 7.

On the weekly chart, XRP price continues to consolidate just below the 0.382 Fibonacci retracement near $2.52. Sustained bullish momentum above $2.32 is required to retest this upper band and potentially confirm a breakout from the multi-month symmetrical triangle pattern visible on the daily timeframe.

Notably, Bollinger Bands on the 4-hour chart are beginning to widen again, suggesting an impending XRP price volatility event. The price is currently positioned near the middle band at $2.25, implying that the next directional move may emerge within the next 24–48 hours.

Short-Term Outlook: Breakout or Breakdown Ahead?

If bulls manage to reclaim $2.30 with strong volume, the next resistance lies at $2.3278, followed by the larger weekly target at $2.5291. A decisive close above this threshold would likely trigger fresh long interest and invalidate the current short-term bearish divergence.

On the downside, failure to hold above the $2.2493 support zone could push the XRP price toward $2.2152 and potentially $2.0786 — a region that represents a confluence of weekly support and the lower end of the daily triangle.

Given the mixed signals across the RSI, MACD, and Ichimoku indicators, traders should watch for breakout confirmation before entering directional positions. XRP price update for June 11 suggests a tightening coil that could resolve quickly, with price currently trading just above a crucial short-term support shelf.

XRP Forecast Table: June 11