FORECAST OF $XRP FOR NEXT WEEK
📈 What do the analyses indicate?
1. Short-term quantitative forecasts
CoinLore estimates that in the next week the average price will be $2.21, slightly below the highest level of the current week, around $2.22, which implies a decrease of approximately –0.6 %.
CoinCheckup also predicts $2.24 within 7 days (+0.99 %).
2. Weekly technical analysis
FOREX24 projects a correction towards the support close to $2.05–2.10 during the week of July 7 to 11, followed by a possible bounce aiming towards $3.06.
Kraken and Binance, based on a 5 % growth scenario, estimate prices between $2.22–2.27, with a possible spike at the end of the month around $2.27.
3. Market outlook and sentiment
Brave New Coin highlights that XRP remains above the key support of $2.20, flirting with highs within a bearish channel, which could trigger a parabolic breakout.
CoinEdition's analysis confirms that XRP is pressing the upper part of the descending channel, specifically near $2.28, targeting immediate objectives of $2.71 and $3.00+ in case of a breakout upwards.
🔍 Conclusions
Main expectation: Fluctuation between $2.20–2.25, with a slight upward trend or consolidation during the coming week.
🧭 Strategy tips
If you're in, a conservative approach would be to monitor daily closes below $2.05 to consider reducing exposure.
If you wish to enter, you could evaluate purchases at $2.10–2.05, aiming for targets near $2.30–2.35.
Breakout and reaction levels—especially at $2.25–2.30—will be key to determine if we are heading towards the next bullish phase.