XRP/USD quotes are trading at 2.1359 and continue to move within the framework of a downward trend and a descending channel. Moving averages indicate a short-term bearish trend for XRP. Prices have broken through the area between the signal lines downwards, 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 bullish correction of the asset and a test of the resistance level near the 2.2065 area. Further, a rebound downwards and a continuation of the cryptocurrency’s fall to the area below the 1.6505 level.
XRP cryptocurrency forecast for June 20, 2025
An additional signal in favor of a decline in XRP/USD quotes will be a test of the resistance line on the relative strength indicator. A second additional signal in favor of a decline in the XRP rate will be a rebound from the upper border of the bearish channel. A strong growth and closing of quotes above the level of 2.4205 will cancel the cryptocurrency’s decline. This will indicate a breakout of the resistance area and a continuation of the rise in XRP/USD quotes to an area above the 2.6545 level. Confirmation of the decline in the digital currency rate will be a breakout of the support area and a close below the 1.9005 level, which will indicate a breakout of the lower border of the bullish channel.
XRP cryptocurrency forecast for June 20, 2025 suggests an attempt to test the resistance level near the 2.2065 area. From there, we can expect the cryptocurrency to continue falling with a potential target at 1.6505. An additional signal in favor of a decline in XRP quotes will be a test of the resistance line on the relative strength indicator. A strong growth and a breakout of the 2.4205 area will cancel the decline scenario. In this case, we should expect the digital currency to continue rising with a target above 2.6545.
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