The post XRP Price Prediction: Will June 16 Trigger a Bull Run? appeared first on Coinpedia Fintech News
XRP Price today is holding steady above the key $2.25 level, a critical support zone based on the 0.382 Fibonacci retracement. This level has been closely watched for months and aligns with a mid-June timing window that many analysts flagged as a possible turning point.
XRP Price Analysis: All Eyes on $2.25 and $3.00
According to an analyst, after testing lows near $2.10–$2.20, XRP bounced and is now consolidating just above $2.25. The price is moving within a tight pattern, with resistance at $2.50 and $2.65. A breakout above these levels could push XRP toward the $3.00 mark. A close above $3.00 would confirm a bullish breakout.
Volume has been decreasing, signaling that a potential breakout is near. On-chain data also shows rising transfer activity and whale accumulation, often a sign of a big move ahead.
XRP Price Prediction Ahead of June 16 Deadline in Ripple vs SEC Lawsuit
Bullish Targets: $3 First, Then $8 to $13
If XRP breaks above $2.65 and $3.00, analysts expect it could run toward $8–$13, especially if legal clarity improves or ETF news boosts sentiment. These targets are based on wave analysis and long-term chart patterns.
According to the analyst, EGRAG CRYPTO, the “Guardian Arch” is a long-term price projection for XRP, pointing to a potential rally toward $20–$27. It’s based on time and structural analysis, assuming XRP maintains its bullish setup over time.
Downside Risks: Watch $2.20
A break below $2.20 would weaken the bullish case and open the door to a drop toward $1.80 or lower. If legal setbacks or market-wide corrections hit, XRP could fall to $1.25–$1.50.
Traders should also be cautious of sudden pullbacks—even positive news can trigger short-term profit-taking.
Bottom Line
XRP is nearing a major move. Holding above $2.25 is key for bulls, with $3.00 as the next big test. A breakout could lead to much higher levels, but a drop below $2.20 would flip the outlook bearish. Stay alert—volatility is coming.
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FAQs
What’s the price of XRP today?
XRP trades around $2.25–$2.30, fluctuating with market sentiment and on-chain activity
Is XRP a good investment?
XRP is showing bullish signs with potential for significant gains if key resistance levels are broken; however, it also carries downside risks.
What is XRP?
XRP is a cryptocurrency and native token of the XRP Ledger, designed for fast and cost-effective global financial transactions.
How to buy XRP?
You can buy XRP on various cryptocurrency exchanges like Binance and ZebPay, often using fiat currency or other cryptocurrencies.
How high can XRP go?
Analysts predict XRP could reach $3.00 short-term, with bullish targets of $8-$13, and long-term projections of $20-$27.
Where to buy XRP?
XRP is available on major cryptocurrency exchanges. Look for platforms that support XRP trading in your region.
How high will XRP go after the lawsuit?
After the lawsuit, XRP could see significant price surges, with some analysts forecasting a climb to $5-$10 or even higher depending on market conditions and adoption.