XRP Price Prediction for June 23
A new week has begun with an ongoing market correction, according to CoinMarketCap.

XRP/USD
The price of XRP has declined by 1.6% over the last 24 hours.

On the hourly chart, the rate of XRP is falling after a breakout of the support of $2. If the daily bar closes below that psychological mark, the decline is likely to continue to the $1.98 zone.

On the дщтпук time frame, the picture is also bearish as the price is coming back to the support of $1.9223.
If bulls cannot seize the initiative, the test of that level may happen by the end of the week.

From the midterm point of view, it is too early to make any distant predictions as the week has just started. In this case, traders should focus on the nearest area of $2. If the candle closes below it, an ongoing drop remains the more likely scenario.
XRP is trading at $1.9959 at press time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Helius raised 500 million dollars to buy SOL, but now the Solana community just wants it to change its name.
Recently, the US-listed company Helius Medical Technologies (HSDT) announced the completion of a $500 million private placement and will transform into a digital asset treasury company focused on Solana (SOL). However, this news has sparked significant controversy within the Solana community due to the company's name being identical to another well-known infrastructure company, Helius, in the Solana ecosystem.

Michael Saylor Advocates Bitcoin Reserve in Washington
Tom Lee Predicts Bitcoin’s Market Growth Beyond $2 Trillion
Boyaa Interactive Purchases 245 BTC for $28 Million
Trending news
MoreCrypto prices
More








