XRP Price Update – June 6, 2025
XRP is currently trading at $2.14, after hitting our target of $2.05 earlier today.
The market has shown a slight recovery, but key indicators suggest mixed momentum.
4-Hour Chart Analysis
• Below EMA50 – XRP is trading under the 50-period Exponential Moving Average, indicating bearish pressure.
• RSI is Neutral – The Relative Strength Index shows no strong buying or selling signals at the moment.
• MACD Bearish Signal – The Moving Average Convergence Divergence is pointing downward, suggesting a possible continuation of the downtrend.
• Cooling from Overbought – XRP is easing from recent overbought conditions, which may help stabilize the price in the short term.
Key Levels to Watch
• Resistance: $2.17
• Support: $2.00
XRP is moving within a narrow range today.
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