$XRP Here is the detailed forecast for the cryptocurrency XRP for July 6, 2025:
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🔍 Technical analysis for July 6, 2025
Current price: $2.24
Daily range: $2.20 – $2.25
Support: $2.20 (EMA20/50 level and middle Bollinger line)
Resistance: $2.28 (Fibonacci level 0.382 and upper boundary of the downward channel)
Volume: slow capital inflow (CMF 0.24)
RSI (30-min): 47.3 – neutral to slightly bearish momentum
MACD: no clear momentum divergence
VWAP: around $2.22
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📈 Short-term forecast (24–48 hours)
Bullish scenario: Breaking resistance at $2.28 with RSI confirmation above 55 could push the price towards $2.34, and then $2.42.
Bearish scenario: Falling below support at $2.20 would open the way to $2.14, and then $2.08.
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📅 Forecast for the coming days (July 7–14, 2025)
July 7: $2.19 (decrease of 1.35%)
July 8: $2.18 (decrease of 1.8%)
July 9: $2.18 (decrease of 1.8%)
July 10: $2.20 (decrease of 0.9%)
July 11: $2.23 (increase of 0.45%)
July 12: $2.23 (increase of 0.45%)
July 13: $2.22 (no change)
July 14: $2.16 (decrease of 2.71%)
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🧠 Factors affecting the price of XRP
Regulations: Expectations regarding the approval of the XRP ETF by the SEC may increase liquidity and attract institutional investors, potentially raising the price to $3.00.
Institutional adoption: Growing interest in XRP among financial institutions may support long-term growth.
Technology: Advances in the development of XRP Ledger and its use in CBDC projects and cross-border payments may increase demand for XRP.