XRP Price Forecast:
Court Documents and ETF Updates On Friday, June 6, XRP recovered 3.16%, partially recovering its 4.81% loss on Thursday, closing at $2.1622.
Notably, the token did better than the overall market, which increased by 2.5 percent, bringing the total value of the cryptocurrency market to $3.2 trillion. News on the Ripple case and updates about spot ETFs will determine XRP's near-term course.
$2.5 and the high of $2.6553 on May 12 might be supported by a breach above $2.20. The bulls might be able to retest $3 and the all-time high of $3.5505 if they can maintain a move through $2.6553.
On the other hand, XRP may be exposed to the $1.9299 support level if it declines below $2 and the 200-day EMA.