XRP (XRP)
Key points:
At press time, XRP was trading at $2.27, reflecting a modest 0.12% increase over the last 24 hours.
The Supertrend indicator remained bearish, while the MACD histogram flipped positive, signaling a potential shift in short-term momentum.
What you should know:
XRP hovered near the $2.27 mark after repeatedly testing the resistance zone just below $2.33. Although the Supertrend maintained a sell signal, the MACD histogram turned slightly positive for the first time in weeks, hinting at early signs of bullish divergence. The MACD line also nudged above the signal line, reinforcing a potential upward bias. The price remained range-bound through most of June, following the bearish flip of the Supertrend in late May. Despite a brief drop below $2.00 in mid-June, XRP quickly recovered and began forming higher lows, suggesting growing buyer interest. Meanwhile, Ripple’s recent U.S. banking license bid and speculation around a potential SEC appeal withdrawal have lifted investor sentiment. A 93% volume surge and institutional whale accumulation further fueled the short-term upside. If XRP closes above $2.33, a move toward $2.50–$2.60 could follow, especially with regulatory clarity and RLUSD stablecoin developments drawing fresh capital into the ecosystem.
