XRP price today is trading near $2.15, showing early signs of stabilization following a sharp drop below $2.10 during the June 5 session. After finding support at a key trendline and Fibonacci zone, the asset is attempting a short-term rebound. However, overhead resistance zones remain strong, limiting immediate upside potential.
What’s Happening With XRP’s Price?
Following a deep pullback from the $2.56 region in late May, XRP price found fresh demand near $2.08, a confluence of prior support and the 0.618 Fibonacci retracement zone. The daily chart shows price attempting to rebound from that level, with a bullish hammer candle hinting at renewed buyer interest.
On the 4-hour chart, XRP is now trading just above $2.15, testing a narrow descending trendline that previously acted as resistance. If bulls can push past $2.19–$2.22, the next upside target emerges at $2.28, where price last faced heavy selling pressure.
Momentum Indicators Signal Mixed Strength
RSI on the 30-minute chart has risen to 59.87, indicating a shift from…
The post XRP Price Prediction for June 07 2025: XRP Attempts Recovery but Faces Key Resistance Near $2.28 appeared first on Coin Edition.
