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Coin Edition 2025-06-27 12:15:09

XRP Price Prediction for June 28, 2025: Can XRP Hold the $2.08 Support After Bearish Rejection at $2.20?

XRP Price Prediction for June 28, 2025: Can XRP Hold the $2.08 Support After Bearish Rejection at $2.20?

XRP is under renewed pressure as the broader crypto market consolidates. The XRP price today is trading around $2.09, down 0.5% intraday, after facing strong rejection near the $2.20 resistance zone. Recent XRP price action reflects a bearish bias, especially as momentum indicators continue to point toward weakening bullish strength. What’s Happening With XRP’s Price? XRP price dynamics (Source: TradingView) On the daily chart, XRP price remains compressed within a large symmetrical triangle pattern, with lower highs indicating persistent supply near $2.32. The recent candle structure shows repeated rejections near the descending trendline resistance, while the $2.00–$2.08 zone remains key demand. XRP price dynamics (Source: TradingView) The 4-hour chart reveals a clear descending wedge formation that broke to the upside on June 25, pushing XRP price spikes briefly toward $2.20. However, price failed to hold gains and slid back below the wedge support, suggesting a potential fakeout or bull trap. This puts the focus back on the critical $2.05–$2.08 zone, which aligns with previous bounce levels. A deeper support zone sits near $1.95, as seen from ea… The post XRP Price Prediction for June 28, 2025: Can XRP Hold the $2.08 Support After Bearish Rejection at $2.20? appeared first on Coin Edition .

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