cryptotrends2025June

XRP up 11%, eyes $2.20, analysts disagree on future,
The price of XRP has risen 11% in the past 24 hours and has crossed the psychological threshold of $2, a significant increase during global geopolitical tensions,
The increase came despite the uncertainty caused by the US and Israeli military operations, which temporarily pushed XRP below a key support level,
However, the cryptocurrency has now risen above the $2.17 level and is testing new resistance levels, with the $1.97 and $2.154 levels emerging as strong supports,
Analysts are divided on the future of XRP; some experts believe the price could reach $6, while others are fearing a possible 25% decline, in which case the price could fall to $1.55. Nevertheless, market data shows that institutional investors are active, with open interest and volume in futures being seen,
On-chain data also indicates that investors are accumulating XRP, not selling it,
The price increase was particularly noticeable in the evening when the resistance at $2.06 was broken with a high volume of 217 million units,
Earlier, buyers entered at the $1.97 level and the volume was around 130 million units, which laid the foundation for the rally,
The price then stabilized above $2.13, and a new support zone was established between $2.154 and $2.156, which is being firmly defended by the bulls,
Overall, XRP’s recent rise is a sign of confidence in the market, especially at a time when global political and military tensions are affecting the crypto market,
Price structure and Volume data shows that the current trading of the cryptocurrency is in a positive direction, however, the possibility of short-term volatility cannot be ignored .
This is a news, this is an analysis,
This is not financial advice from the author of the post, if you want to invest in the crypto market, then do thorough research first, then buy.
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