XRP/USD quotes are trading at 2.1428 and continue to move within the framework of the downward trend and bullish channel. Moving averages indicate a short-term bullish trend for XRP. Prices are again testing the area between the signal lines, which indicates 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 for the week of June 23 — 27, 2025 we should expect an attempt at a bearish correction of the asset and a test of the support level near the 2.0705 area. Further, an upward rebound and continued growth of the cryptocurrency to the area above the 3.4005 level.
XRP Weekly Forecast June 23 — 27, 2025
An additional signal in favor of the growth of XRP/USD quotes will be a test of the support line on the relative strength indicator. A second additional signal in favor of the rise in the XRP rate will be a rebound from the lower border of the bullish channel. A fall and closing of quotes below the level of 1.9205 will cancel the cryptocurrency’s growth scenario. This will indicate a breakout of the support area and a continuation of the decline in XRP/USD quotes to below the 1.7265 level. Confirmation of the growth of the digital currency will be a breakout of the resistance area and a close above the 2.7565 level, which will indicate a breakout of the upper border of the bearish channel.
XRP Weekly Forecast June 23 — 27, 2025 suggests an attempt to test the support level near the 2.0705 area. From there, we can expect the cryptocurrency to continue growing with a potential target at 3.4005. 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 1.9205 area will cancel the growth scenario. In this case, we should expect the digital currency to continue falling with a target below 1.7265.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
