$XRP Projected price of XRP on June 6, 2025
$XRP Changelly predicts that the price of XRP may drop by about 1.71%, reaching around $2.20.
$XRP CoinDCX suggests that in June 2025, the price of XRP will fluctuate between $2.06 and $2.83, with strong support at $2.27.
FingerLakes1.com reports that as of June 5, 2025, the price of XRP was around $2.20, representing a 35% decrease compared to the January peak of $3.40.
---
🔍 Factors affecting the price
Regulations: The resolution of the legal dispute between Ripple and the SEC has brought greater regulatory clarity, which may increase investor confidence.
Institutional adoption: The growing interest from financial institutions and the development of the RippleNet payment network could positively impact the demand for XRP.
ETF speculation: Expectations regarding the approval of XRP-based ETFs may influence price increases in the coming months.
---
📊 Technical analysis
Support and resistance levels: Strong support is observed at $2.27, while breaking the resistance at $2.60 could open the way for growth towards $2.83.
Technical indicators: The current market sentiment is moderately bearish, suggesting caution in the short term.
---
✅ Summary
Based on available forecasts, the price of XRP on June 6, 2025, is likely to fluctuate between $2.20 and $2.27. Although short-term forecasts are moderately positive, investors should monitor ongoing market events and institutional activity that may affect the further price direction of XRP.
