<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Most coins have come back to the red zone, according to <a href="https://u.today/shib-price-prediction-for-june-27" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="49486b3c-8c28-4862-999d-90834ef7e4e2" src="https://u.today/sites/default/files/inline-images/top10_1203.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
The price of XRP has increased by 1.15% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="cfe90fe8-adcf-4aa2-baaa-9dfa0c662bce" src="https://u.today/sites/default/files/inline-images/xrp1_166.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 has made a false breakout of the local resistance of $0.4802. If the daily bar closes far from that mark, the correction may continue to the $0.4750 area tomorrow. <img data-entity-type="file" data-entity-uuid="9a11f7ee-65de-400f-a863-55f1829eab5a" src="https://u.today/sites/default/files/inline-images/xrp2_161.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the price of XRP keeps growing after yesterday's bullish closure. However, if the candle closes far from its high, bears may again seize the initiative, which might lead to a drop to the $0.47 range soon. <img data-entity-type="file" data-entity-uuid="a95f0023-4ccf-4449-8a92-e86ce2db7b60" src="https://u.today/sites/default/files/inline-images/xrp3_156.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, none of the sides is dominating as the rate is far from the support and resistance levels.&nbsp;
If the weekly bar closes around the current prices, ongoing sideways trading in the zone of $0.47-$0.48 is the more likely scenario.
XRP is trading at $0.4767 at press time.

XRP Price Prediction for June 28

Table of Contents

U_Today

Άλλα άρθρα που δημοσιεύτηκαν στις 28 Ιουν 2024

Bitcoin miner sell pressure ‘weakening’ as BTC withdrawals drop 85%

Dogecoin Bearish Alert: Analyst Warns Of Potential Slide To $0.09, Here’s Why

Avalanche Defies Selloff, Soared Over 18% This Week: What’s Next?

'Rich Dad Poor Dad' Author Kiyosaki Issues Important Bitcoin ETF Warning

Avalanche (AVAX) Price Likely to Continue Upswing, Key Indicators Show

Is the FED Preparing for an Aggressive Rate Cut? Here’s What Economists Claim

Join our free newsletter for daily crypto updates!