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The XRP price increased 3% in the past week and over 2% in the last 24 hours to trade at $2.23 as of 12:55 a.m. EST on a 178% surge in its daily trading volume to $2.5 billion.
The price of XRP dropped slightly in the last hour after hitting an intra-day high of $2.29. Will the Ripple token price make new highs this week?
XRP Price Sports A Breakout From A Bullish Reversal Pattern
The XRP 6-hour chart shows bullish price action with some key indicators in play. The 50 Simple Moving Average (SMA) sits at $2.20, while the 200 SMA is at $2.271. The chart also shows a recent death cross on June 4, which is often a signal that a larger bearish move might be on the horizon.
The XRP price is retesting the upper trendline of a falling channel after breaking out yesterday (June 8). The breakout and retest is a classic setup that could spell further breakout if the retest is successful.
With the Relative Strength Index (RSI) at 53.29, the crypto is in neutral territory, leaving room for that 3% gain to stretch further, if the bulls jump in. However, the RSI is facing downward, which means bullish momentum on XRP is decreasing.
XRPUSD Analysis Source: Tradingview
In the past, the XRP RSI has found support around the 39-level, meaning the asset may dip a little further or enter consolidation around this price level.
The Moving Average Convergence Divergence (MACD) is showing full-blown bullish momentum, with the MACD line soaring above the signal line (orange).
XRP Price Targets 5-17% Gains This Week
The chart highlights two resistance zones: $2.364 and $2.620. The 200 SMA at $2.271 also offers the most immediate dynamic resistance. If the price smashes through that first resistance, XRP mist start mooning toward $2.364, $2.6, or even $3, which is a 5-17% increase from here.
The upper trendline of the falling channel has held strong, actively rejecting those price surges for the past 26 days. Now that the price has broken out, it might turn into a fairly strong support.
However, if the bears crash the party, XRP might slide back to the $2.01 – $2.08 range, but the recent uptrend suggests the bulls are still in charge.
Snorter Token Presale Surges Toward $1M – Next Crypto To Explode?
As the XRP price action cools down before a major breakout, investors chasing the next big meme coin but getting outpaced by bots and whales are flocking to Snorter Token (SNORT).
This Solana-based Telegram trading bot is on presale and is on fire, zooming past $605k in just weeks. With a quirky aardvark mascot and a promise to level the playing field for retail traders, SNORT is the talk of the town.
At its core, it’s a Telegram-native bot designed to help everyday traders snipe, swap, and trade meme coins at lightning speed. Forget fumbling with clunky wallets or missing out on token launches, Snorter’s sub-second swaps let you grab new coins the moment they drop, often before charts even load on decentralized exchanges.
Plus, it’s got an 85% success rate at spotting rug pulls and honeypots, saving you from those gut-punch scams that plague the meme coin space.
Didn’t wait for the herd.
Sometimes you just front-run instinct.$SNORThttps://t.co/8OJ7285M4e pic.twitter.com/PS7WT0bBbO— Aegon (@0xaegon_nft) May 28, 2025
Holding SNORT tokens unlocks the bot’s full potential. Traders can slash fees from 1.5% to 0.85%, making Snorter one of the most affordable bots in the market.
Want to copy the moves of top traders? Snorter’s copy-trading feature lets you mirror their plays in real time. And with MEV protection, your trades are shielded from sneaky front-running bots.
With such features, it is no wonder analysts at the 99Bitcoins YouTube channel, which has over 723k subscribers, are predicting SNORT as a potential 10x moonshot.
The presale, live now at $0.0945 per token, is moving fast. Investors can buy with SOL, ETH, USDT, or even a bank card, and early birds are staking their tokens for a jaw-dropping 529% APY, though that will dip as more jump in.
With a price hike looming in less than 2 hours, now is the time to act.
Check out the Snorter Token website
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