XRP/USD quotes are trading at 2.3146 and continue to move within the growth and bullish channel. Moving averages indicate a short-term bullish trend for XRP. Prices have broken through the area between the signal lines upwards, indicating pressure from buyers of the asset and a potential continuation of the rise in the XRP exchange rate on the market from current levels. As part of the forecast for XRP today, we should expect an attempt at a bearish correction of the asset and a test of the support level near the 2.2085 area. Further, an upward rebound and continued growth of the cryptocurrency to the area above the 2.7305 level.
XRP cryptocurrency forecast for June 12, 2025
An additional signal in favor of the rise in XRP/USD quotes will be a test of the support line on the relative strength indicator. A second additional signal in favor of the growth of the XRP rate will be a rebound from the upper border of the bearish channel. A fall and closing of quotes below the level of 2.0205 will cancel the option of a rise in the cryptocurrency. This will indicate a breakout of the support area and a continuation of the fall in XRP/USD quotes to the area below the level of 1.9505. Confirmation of the digital currency’s growth will be a breakout of the resistance area and a close above the 2.3805 level.
XRP cryptocurrency forecast for June 12, 2025 suggests an attempt to test the support level near the 2.2085 area. From there, we can expect the cryptocurrency to continue growing with a potential target of 2.7305. An additional signal in favor of an increase in XRP quotes will be a test of the support line on the relative strength indicator. A fall and breakout of the 2.0205 area will cancel the growth scenario. In this case, we can expect the digital currency to continue falling with a target below 1.9505.
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