XRP/USD quotes are trading at 2.0141 and continue to move within the framework of the decline and bullish 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 asset sellers and a potential continuation of the decline in the XRP exchange rate on the market from current levels. As part of the forecast for XRP today, we should expect an attempt to develop a bullish correction of the asset and a test of the resistance level near the 2.1175 area. Further, a rebound downwards and a continuation of the cryptocurrency’s decline to the area below the 1.6265 level.
XRP cryptocurrency forecast for June 24, 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 2.2765 will cancel the scenario of a decline in the cryptocurrency. This will indicate a breakout of the resistance area and a continuation of the rise in XRP/USD quotes to an area above the 2.6505 level. Confirmation of the digital currency’s decline 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 24, 2025 suggests an attempt to test the resistance level near the 2.1175 area. From there, we can expect the cryptocurrency to continue falling with a potential target at 1.6265. 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 rise and a breakout of the 2.2765 area will cancel the decline scenario. In this case, we can expect the digital currency to continue rising with a target above 2.6505.
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