Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’

June 2, 2025

Singapore Cracks Down on Unlicensed Crypto Firms with Strict New Rules

June 2, 2025

Live Coin Watch Alert: Bitcoin Solaris’s 21M Fixed Supply Creates Your Second Chance at Bitcoin’s Growth Path

June 2, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

XRP Price News: Key Levels to Watch This Week

0
By on June 1, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
Share
Facebook Twitter LinkedIn Pinterest Email

The post XRP Price News: Key Levels to Watch This Week appeared first on Coinpedia Fintech News

The cryptocurrency market continues to keep traders on edge, and XRP is no exception. Let’s break down what’s happening with XRP’s price action and the important support and resistance levels to watch.

XRP Bounces from Key Support Zone

On the daily chart, XRP recently bounced from a key support area between $2.10 and $2.15. This zone has been flagged as an important level, and for now, the price is holding steady above that range.

If XRP falls below this support, the next levels to watch would be around $2.05 and $2.00. A drop under $2.00 could signal a bigger decline in the coming days or weeks.

Inverse Head and Shoulders Pattern in Progress?

Technically, XRP is possibly forming an inverse head and shoulders pattern on the daily timeframe. This is often seen as a bullish setup.

For this pattern to confirm, XRP needs to bounce higher in the coming days and break through the golden pocket resistance zone between $2.56 and $2.62. A confirmed breakout above $2.62 could open the doors for a strong rally toward new all-time highs.

However, for now, this pattern is only a possibility — it hasn’t been confirmed yet.

Resistance Areas That Could Slow XRP’s Progress

Before XRP reaches the golden pocket resistance, it will face other challenges. The price will need to clear resistance levels around $2.33 to $2.34 and then again near $2.43 to $2.44. Another major barrier stands at $2.48, which has been a key swing level in the past.

These areas could lead to short-term pullbacks or pauses as traders take profits and reassess the market situation.

Market Reaction: A Bounce in Progress

In the shorter term, XRP is showing a minor bounce, often called a wave-four bounce in technical analysis. This small move upward happened after the price tested support around $2.07 to $2.08. Although the price didn’t fully hit the expected $2.06 mark, the reaction suggests traders are still active around these levels.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’

June 2, 2025

Singapore Cracks Down on Unlicensed Crypto Firms with Strict New Rules

June 2, 2025

Live Coin Watch Alert: Bitcoin Solaris’s 21M Fixed Supply Creates Your Second Chance at Bitcoin’s Growth Path

June 2, 2025
Leave A Reply Cancel Reply

What's New Here!

Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’

June 2, 2025

Singapore Cracks Down on Unlicensed Crypto Firms with Strict New Rules

June 2, 2025

Live Coin Watch Alert: Bitcoin Solaris’s 21M Fixed Supply Creates Your Second Chance at Bitcoin’s Growth Path

June 2, 2025

Shiba Inu: $20,000 Investment Could Become $10 Million: How & When?

June 2, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.