XRP Analysis

📈 Analysis and Forecast for $XRP on Binance: What are the Future Prospects? 📉

As of 15:25 EEST, June 16, 2025, the price of $XRP on Binance is $2.2668, showing a growth 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, strengthening trust 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 SMA, 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 located 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 of rising 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 that the use in cross-border payments expands and new partnerships are formed. Risks include volatility and potential regulatory changes.