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
XRP trades around $2.25–$2.30, fluctuating with market sentiment and on-chain activity
XRP is showing bullish signs with potential for significant gains if key resistance levels are broken; however, it also carries downside risks.
XRP is a cryptocurrency and native token of the XRP Ledger, designed for fast and cost-effective global financial transactions.
You can buy XRP on various cryptocurrency exchanges like Binance and ZebPay, often using fiat currency or other cryptocurrencies.
Analysts predict XRP could reach $3.00 short-term, with bullish targets of $8-$13, and long-term projections of $20-$27.
XRP is available on major cryptocurrency exchanges. Look for platforms that support XRP trading in your region.
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.
