✅ Technical Analysis for $XRP – Dated June 12, 2025
📉 Overview: The XRP currency has been moving sideways for about a week now and is currently trying to maintain important support at $0.512. The market is waiting for a clear breakout to determine the next direction, especially given the recent weakness in buying momentum.
📊 Analysis on the 4-hour time frame:
The price is trading below the 50 EMA moving average, indicating ongoing selling pressure.
RSI is at 44, not yet entering the oversold territory.
We observe the formation of a symmetrical triangle pattern, indicating that a strong movement is approaching soon.
---
📌 Important levels to watch:
Key support: $0.512
Second support: $0.500
First resistance: $0.528
Pivot resistance: $0.545
---
🧠 Technical forecast:
If the price breaks the level of $0.528$ with a 4-hour close, we may see a rise towards $0.545.
However, if the support at $0.512 is lost, we may witness a drop towards the area of $0.500$ or even $0.488.
---
📢 Note to traders: XRP is currently in a clear accumulation phase, and the best opportunity will be after a clear breakout of the triangle. Trading within the range is possible but requires a tight stop loss and precise risk management.
Follow us for more analyses.
