Ripple Price Prediction for Today, June 4: XRP Recovery Above $0.40 Halts ByAzeez MustaphaPRO INVESTOR Updated: 04 June 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The Ripple price prediction has not been able to develop the upside momentum above $0.40 as the coin ranges within the market. Ripple Prediction Statistics Data: Ripple price now – $0.39 Ripple market cap – $18.8 billion Ripple circulating supply – 48.3 billion Ripple total supply – 99.9 billion Ripple Coinmarketcap ranking – #6 XRP/USD Market Key Levels: Resistance levels: $0.55, $0.60, $0.65 Support levels: $0.25, $0.20, $0.15 Buy Ripple Now XRP/USD touches the resistance level of $0.39 at the opening of the market today, but the coin could not cross above the 9-day and 21-day moving average as it quickly retreated towards $0.38 support. However, the Ripple (XRP) remains at a tight range which limited its bullish movements above the moving averages. Ripple Price Prediction: What could be the Next Direction of XRP? According to the daily chart, the Ripple price keeps following the same direction as the coin moves toward the east. However, if the bulls manage to push the Ripple price above the 9-day and 21-day moving averages; it could find the resistance levels at $0.55, $0.60, and $0.65. Meanwhile, if the market follows the bearish movement, it could hit the nearest support at $0.35, and a further drop could pull the coin to the support levels of $0.25, $0.20, and $0.15. Presently, the technical indicator Relative Strength Index (14) confirms the sideways movement as the signal line stays below the 40-level. Therefore, traders should keep monitoring the movement for the next possible direction of the Ripple price. When compared with Bitcoin, the Ripple price is also seen moving sideways, although the price action has remained intact below the 9-day and 21-day moving averages. But, if the selling pressure surface, the Ripple bears may create a new low for the coin in the next coming trading days. XRPBTC – Daily Chart At the moment, the technical indicator Relative Strength Index (14) is moving in the same direction; traders may likely see a negative move if the bears increase their movement and any further bearish movement below the lower boundary of the channel could hit the critical support of 1100 SAT and below. On the other hand, if the bulls push the coin above the 9-day and 21-day moving averages, the nearest resistance level may be located at 1600 SAT and above. eToro: Best Broker for Buying Ripple Stock Our Rating FCA, CySEC & ASIC regulated Buy ripple stock or trade CFDs Linked crypto wallet & exchange Low fees PayPal support Visit eToro 68% of retail investor accounts lose money when trading CFDs with this provider. Read more: How to buy Ripple How to buy Cryptocurrency Join Our Telegram channel to stay up to date on breaking news coverage