<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
The market is mainly <a href="https://u.today/btc-eth-xrp-doge-shib-ada-and-bnb-price-prediction-for-june-22" rel="noopener noreferrer nofollow">trading sideways</a> on the last day of the week, according to CoinMarketCap. <img data-entity-type="file" data-entity-uuid="1c89bceb-0791-49d2-9b59-db2e38b62d0b" src="https://u.today/sites/default/files/inline-images/top10_1196.png">XRP chart by&nbsp;<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
<h2 id="xrp-usd">XRP/USD</h2>
The price of XRP has fallen by 0.45% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="45d0a541-f4d5-40d1-8b61-17bae619717d" src="https://u.today/sites/default/files/inline-images/xrp1_164.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of XRP is about to break the local support level of $0.4845. If a breakout happens, the correction may continue to the $0.4830 range. Such a scenario is relevant until tomorrow. <img data-entity-type="file" data-entity-uuid="d584dfc7-cd31-4876-a234-d66432149e3f" src="https://u.today/sites/default/files/inline-images/xrp2_159.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, there are no key levels nearby. In this regard, one should pay attention to the candle closure in terms of yesterday's bar low.
If it happens below, the fall may lead to a test of the $0.48 area. <img data-entity-type="file" data-entity-uuid="b203d90f-4e01-4a2f-b287-5c9c3affd78d" src="https://u.today/sites/default/files/inline-images/xrp3_154.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
A less clear picture is on the weekly time frame. The weekly bar is about to close far from its low and peak. It means neither side has accumulated enough strength for a further move. All in all, sideways trading in the narrow range of $0.47-$0.49 is the more likely scenario until the end of the month.
XRP is trading at $0.4845 at press time.

XRP Price Prediction for June 23

Table of Contents

U_Today

Other articles published on Jun 23, 2024

Investors Look Beyond Ethereum And Avalanche As The Qubetics Whitelist Stirs The Crypto Market

MoonBag Presale Ascends: Outclassing Cosmos and Arbitrium in Crypto Dominance

Don’t Miss The Floki FOMO: Social Media Sends Meme Coin On 300% Rip

Community Over Code: Moonbag Heats Up as Best presale in 2024 While Hedera & Immutable X Cool Down

Bitcoin vs. Ethereum: Why ETH Holders Are Bucking the Sell-Off Trend Amid Market Uncertainty

21Shares Ethereum Staking ETP Live On LSE, Here’s What Makes It Different

Join our free newsletter for daily crypto updates!