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Neither bulls nor bears are dominating at the end of the week, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-june-8" rel="noopener noreferrer nofollow">CoinStats</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1169.png">XRP chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
The rate of XRP has almost not changed since yesterday. <img src="https://u.today/sites/default/files/inline-images/xrp1_161.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly time frame, the price of XRP has made a false breakout of the local resistance of $0.4949. If the daily bar closes far from that mark, one can expect a drop to the $0.4910-$0.4920 zone tomorrow. <img src="https://u.today/sites/default/files/inline-images/xrp2_156.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger chart, traders should focus on the level of $0.49. If the candle closes below it, the decline may lead to a test of the $0.48 range.
Such a scenario is relevant until the end of next week. <img src="https://u.today/sites/default/files/inline-images/xrp3_150.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the bar is about to close far from the support and resistance levels. If that happens, traders may witness ongoing sideways trading around $0.50.
XRP is trading at $0.4941 at press time.

XRP Price Prediction for June 9

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