📈 Analysis and forecast for $XRP on Binance: further prospects? 📉
At 15:25 EEST, June 16, 2025, the price of $XRP on Binance is $2.2668, showing an increase of 4.83% over the last 24 hours. The increase in trading volume indicates growing investor interest, which may be related to positive news about Ripple partnerships or the conclusion of legal disputes that bolster confidence in the project.
Technically, $XRP looks stable with a bullish bias. On the 4-hour chart, the 50-day SMA is approaching the 200-day, signaling potential growth. The RSI (14) at 54 is in the neutral zone, while the MACD shows weak positive momentum. Key resistance is at $2.30, a breakout of which could lead to $2.50. Support is at $2.20, with further support at $2.15. Holding above $2.26 strengthens the bullish scenario.
Forecast: in the coming days, XRP may test $2.30–$2.40, with a chance to rise to $2.60 by the end of June 2025, supported by volume. By July, a rise to $2.80–$3.00 is possible if interest remains. The long-term outlook for 2026 is $4.00+, provided there is expanded use in cross-border payments and new partnerships. Risks include volatility and potential regulatory changes. Historically, $XRP peaked around $3.84, indicating potential under favorable conditions.
Further prospects? The increase of 4.83% and the price of $2.2668 are close to the resistance of $2.30. Buying at $2.20 with a target of $2.50 and a stop-loss at $2.15 seems justified. The community on X expresses moderate optimism, predicting a move to $3.00 in the coming months, but this is speculative. Stay tuned for news on Ripple's developments!
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