On the last day of June, the cryptocurrency market exhibits a variety of price dynamics: some assets continue to rise, while others show declines.
Current Situation with XRP
Over the past 24 hours, the price of XRP has decreased by 0.33%. On the hourly chart, there has been a false breakout of the support level at $2.1713. If the growth continues, the $2.20-$2.21 range may be reached by tomorrow.
Short-Term Forecasts for XRP
On longer time frames, bulls have failed to maintain yesterday's rise. If the daily candle closes below $2.1750, sellers could seize the initiative, potentially leading to a drop to the $2.15 mark. From a short-term forecasting perspective, it is too early to make any long-term predictions as the week has just begun.
Long-Term Market Perspectives
Buyers may start considering an ongoing upward move if the price breaks the previous candle high of $2.23. As of now, XRP is trading at $2.1825.
In summary, the cryptocurrency market raises questions about the price direction, particularly for XRP. The upcoming days will be crucial for understanding future trends.
