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XRP Price Prediction for June 28
As we enter the weekend, most cryptocurrencies are showing some form of growth, including XRP. The cryptocurrency has risen by a significant 4.3% over the past day, and it appears that this upward momentum could continue in the short-term.
According to CoinStats, the price of XRP is currently trading at $2.1889. From an hourly chart perspective, we can see that the cryptocurrency has broken out above the local resistance of $2.1931, but a daily bar close near this level may lead to a correction back to the $2.15 area.
In the short-term, it’s possible that XRP will retest the $2.22 zone if buyers continue their dominance around the given level. However, it’s essential for investors to be aware of the bigger picture and potential risks, as neither side is dominating in terms of support and resistance levels. This could result in a consolidation phase between $2.15-$2.35.
For now, it seems unlikely that XRP will continue its recent rally without any significant corrections or consolidations.
Source: u.today
