XRP Price Update – June 6, 2025
XRP is currently trading at $2.14 , after hitting our target of $2.05 earlier today. XRP Chart (Source Coingecko) The market has shown a slight recovery, but key indicators suggest mixed momentum. 4-Hour Chart Analysis • Below EMA50 – XRP is trading under the 50-period Exponential Moving Average, indicating bearish pressure. • RSI is Neutral – The Relative Strength Index shows no strong buying or selling signals at the moment. • MACD Bearish Signal – The Moving Average Convergence Divergence is pointing downward, suggesting a possible continuation of the downtrend. • Cooling from Overbought – XRP is easing from recent overbought conditions, which may help stabilize the price in the short term. Key Levels to Watch • Resistance: $2.17 • Support: $2.00 XRP is moving within a narrow range today. Join my Telegram channel for daily trading signals - 100% free! 👉 Link: https://t.me/bwtinternational