<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
Some coins keep setting new local peaks, while others have entered a correction phase, according to the <a href="https://u.today/binance-coin-bnb-price-analysis-for-june-28">CoinMarketCap ranking</a>.
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="32cff777-3f8e-47aa-87e0-151f6ce9adfe" src="https://u.today/sites/default/files/inline-images/top10_516.png">
Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a>
<h2 id="xrp-usd">XRP/USD</h2>
The rate of XRP has declined by 0.48% over the last 24 hours.
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="d96299d0-93dd-4d34-8211-190f477b80fa" src="https://u.today/sites/default/files/inline-images/xrp1_68.png">
Image by <a href="https://www.tradingview.com/symbols/XRPUSD">TradingView</a>
On the hourly chart, the price of XRP might have found a local resistance level at $0.4729. If the decline continues until the end of the day, there is a high possibility the rate near the support at $0.4620 tomorrow.
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="665be9f8-310e-475d-91c0-76196918f082" src="https://u.today/sites/default/files/inline-images/xrp_302.png">
Image by <a href="https://www.tradingview.com/symbols/XRPUSD">TradingView</a>
On the daily time frame, neither bulls nor bears are controlling the situation as the rate is far from the main levels. Even though the rate has made a false breakout of the support at $0.4556, XRP is not ready yet for a mid-term rise as not enough energy has been accumulated so far.
<a href="https://u.today/ethereum-eth-price-analysis-for-june-28">card</a>
In this case, sideways trading in the area of $0.46-$0.4750 is the more likely scenario for the next few days.
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="9af56d4f-085c-49ef-9d3f-bd576d07b2d4" src="https://u.today/sites/default/files/inline-images/xrp3_55.png">
Image by <a href="https://www.tradingview.com/symbols/XRPUSD">TradingView</a>
A similar situation in the weekly time frame. However, if the bar closes below the previous candle closure at $0.4716, sellers can seize the initiative that can lead to the fall to the $0.44 range.
XRP is trading at $0.4680 at press time.

XRP Price Analysis for June 29

Table of Contents

U_Today

Other articles published on Jun 29, 2023

Tradecurve emerging as OKX’s competitor

💻🚨 Hacked? Take These 5 Immediate Steps to Regain Control!

Insight into MicroStrategy’s BTC investment shows profit of over $117m

Compound Founder Launches Bond Fund "Superstate", $COMP Rised over 50% in Past 7 Days

PancakeSwap to Go Live on Polygon zkEVM Blockchain

Recovery Guide for Lost Cryptocurrency Wallet Seed Phrases: How Can I Get My Seed Phrases Back?

Join our free newsletter for daily crypto updates!