XRP is showing signs of recovery after a bounce from the $2.00 support zone. While price has pushed slightly above the 9-day SMA, resistance near $2.23 continues to hold.
The XRP daily chart shows indecision, and momentum remains mixed across key indicators. The market appears to be at a standstill, while waiting for either a breakout or another retracement.
After falling steadily through most of June, XRP price has climbed back to $2.18. However, it faces strong resistance between $2.22 and $2.25 and needs more buying strength to maintain momentum.
Let’s take a closer look at today’s setup.
What We Got Right Yesterday
In yesterday’s prediction, we pointed out that XRP price needed to hold above $2.13 and push toward $2.30 to shift short-term momentum.
While the price did climb and tested $2.23, it failed to close higher and faced rejection near that level. We also noted that failure to break $2.30 would likely result in more sideways trading between $2.00 and $2.30.
That scenario is now in play. The price is stuck just above support, but there’s no strong follow-through from buyers yet.
XRP Daily Overview (June 26)
Current Price: $2.1823
24h Change: -0.34%
9-Day SMA: $2.1361
Volume: Mixed, no trend confirmation
XRP price remains stuck between its short-term moving average and resistance near $2.25. The bounce off $2.00 has not yet translated into a sustained uptrend. A close above $2.25 could change the tone, but until then, the range holds.
The upper wick near $2.23 on today’s candle suggests that sellers are stepping in at local highs. Support at $2.13 and $2.00 remains the key zone to watch if the price begins to slip again.
What the XRP Chart Is Showing
XRP broader trend is still weak. After weeks of lower highs and failed breakout attempts, the market remains cautious. The recent green candle above the 9-day SMA gave bulls some momentum, but it hasn’t held up convincingly.
Today’s candle is shaping up with a small red body and a long upper wick, usually a sign that buyers got rejected. If bulls can’t push past $2.25 soon, XRP might start sliding back toward the $2.00 level.
Source: TradingView.com
The chart looks pretty uncertain right now, there’s no clear trend, and short-term momentum still hasn’t really proven itself.
Technical Indicators (Daily Timeframe)
Indicator Value Signal / Interpretation RSI (14) 49.288 Neutral, no clear momentum ADX (14) 23.198 Weak trend strength, sideways conditions MACD (12,26) 0.003 Mild bullish crossover CCI (14) -70.3804 Bearish tone, trending toward oversold ROC 0.059 Slight upward movement, weak buy signal Bull/Bear Power (13) -0.0138 Bears still slightly in control
Summary: Indicators are mixed. MACD and ROC suggest early bullish pressure, but ADX, CCI, and Bull/Bear Power lean bearish. RSI remains neutral. No strong trend has emerged.
XRP Price Prediction Scenarios
Bullish Scenario:
If XRP can close above $2.30 with strong volume, it might make a run toward $2.50. But so far, no breakout yet.
Neutral Scenario:
If price stays between $2.00 and $2.30, XRP price may continue moving sideways, while waiting for a new catalyst.
Bearish Scenario:
If XRP slips below $2.00, there’s a good chance it could head back down to the $1.85 or even $1.75 support zones we saw earlier this year.
Read Also: Ripple May Be Older Than Bitcoin – Here’s the Forgotten History
Wrapping Up
XRP price is attempting a recovery, but price action remains inconclusive. Buyers have stepped in near $2.00, but resistance just above $2.20 is proving difficult to break.
Traders are watching $2.13 and $2.30 closely. A break on either side is likely to set the direction for XRP next move. For now, the market remains stuck in a consolidation phase.
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The post XRP Price Prediction for Today (June 26) appeared first on CaptainAltcoin.
