Ripple Price Forecast – June 30th
The ripple price is $ 0.67 because it has no immediate support, so it trades under red dense selling pressure.
XRP / USD market
Resistance levels: $ 1.00, $ 1.10, $ 1.20
Support levels: $ 0.35, $ 0.25, $ 0.15
XRP / USD is now at its lowest at $ 0.64 and Ripplen’s (XRP) weakness is now evident as digital assets have little support on the way down to $ 0.45. However, traders should note that most of the market also sees red numbers, large coins have held up pretty well. Ripple bulls now need to see a recovery from all support levels to have the opportunity to restore their daily uptrend.
Ripple Price Prediction: A coin can break down to its downside
Review of the daily chart if Ripple price does not rise above the 21-day moving average, a downward reaction may occur. Currently, the initial support is close to a moving average of less than 9 days. Therefore, if there is a downside below this hurdle, the Ripple price can test for $ 0.60. However, any additional losses could trigger a new downward price and the price could even fall below the $ 0.35, $ 0.25 and $ 0.15 support levels.
However, when the technical indicator Relative Strength Index (14) moves below the 45 level but upwards, above the 9-day moving average, the nearest resistance level is at the $ 0.85 level, while the price may move toward the upper channel limit. This uptrend is likely to hit potential resistance levels of $ 1.00, $ 1.10 and $ 1.20, respectively.
Against Bitcoin, the Ripple price moves within 9- and 21-day moving averages as price activity has remained unchanged within the channel. However, if sales pressure continues, the Ripple price volatility may end this month at a new low. Currently, the relative intensity index (14) moves laterally; merchants can see the coin vary.
In addition, the Ripple price is currently 1969 SAT. Therefore, the coin is expected to gain close support at 1,500 SATs before breaking down to 1,400 SATs and critically to 1,200 SATs. At the same time, if an upward movement occurs and confirms a break above the 21-day moving average; XRP / BTC may hit potential resistance at 2500 SAT.
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