📉 XRP Price Prediction for June 3: Bearish Risk and Key Supports ⚠️
• XRP has been in a downtrend, with a recent break of important support and temporary support between $2.10 and $2.20, but with weak momentum.
• In the short term, it attempts a bounce, facing resistances at $2.30-$2.34 and stronger levels around $2.44 and $2.55-$2.62, although without clear signs of strong recovery.
• There is a risk of forming a bearish head and shoulders pattern, which could push the price down if confirmed.
• Key supports to watch: $2.14, $2.10, $2.05, and $2.00; a decisive drop below $2.00 could lead to $1.80, a crucial level.
• For a bullish change, XRP must break and close above the resistance between $2.21 and $2.28, ideally surpassing the 200 EMA at $2.28 on the 4-hour chart.
• Selling pressure dominates and the general crypto market is in consolidation; without a strong catalyst, the bearish trend could continue in the short term.
In summary, for June 3, XRP faces significant bearish pressure with support around $2.10, and only a clear break above $2.28 could indicate a shift towards recovery.
