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  • Anjali Belgaumkar
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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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  • 2 minutes read

XRP Price Prediction For June 10

  • currency-symbol XRP $ 2.29 (2.42%) top gainer
Story Highlights
  • XRP Eyes Breakout as Bullish Patterns Form: XRP holds strong above $2.00 support with a double bottom forming, targeting $2.44 and beyond.

  • Long-Term Target: $5.00 in Sight: Analysts see XRP in a fifth wave rally, with potential to hit $5 if key support zones remain intact.

The price of XRP is rising today, up by more than 2%, currently trading around $2.30. This move is in line with a broader recovery in the crypto market, with Bitcoin climbing steadily and Ethereum leading the pack with an 8% surge. As Ethereum moves higher, many smaller altcoins like XRP are following the trend.

XRP also continues to display a bullish divergence, a signal where the price makes lower lows, but indicators like the RSI show higher lows. This often hints at a possible price bounce.

XRP Finds Support, Eyes New Targets

Looking at the daily charts, XRP recently bounced off a key support zone between $2.00 and $2.10. This area has proven strong in the past, with prices rebounding from here several times. 

If the price falls below $2.00, analysts warn that it could drop toward $1.92-$1.95, and possibly as low as $1.80. But for now, the bullish momentum is holding.

Bullish Pattern Taking Shape

A positive sign for XRP is the formation of a double bottom pattern — also known as a W pattern — on the charts. This pattern often signals a potential upward breakout. If this pattern plays out fully, the next price target would be around $2.44.

However, before reaching that level, XRP could face some resistance near $2.35, an area that previously acted as both support and resistance.

Long-Term Outlook: Could $5 Be Next?

XRP appears to be in the middle of a fifth wave to the upside. This wave started in April after a market correction and could possibly push prices above $5.00 in the coming months, provided current support levels hold.

If XRP stays above the April lows and maintains its upward structure, analysts believe the bullish trend could continue. However, a break below those key support areas might delay the rally, meaning that the market is still working through a correction phase.

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FAQs

How high can XRP price go in 2025?

Analysts predict XRP could reach $5 or higher in 2025 if bullish momentum and key support levels are maintained.

Is XRP a good investment?

Yes, XRP remains a promising 2025 investment due to strong fundamentals, stablecoin use, and potential ETF listings.

What is the XRP price prediction for 2030?

By 2030, XRP is forecasted to trade between $17.00 and $26.50, depending on market trends and adoption rates.

Where will XRP be in 2040?

XRP could trade between $97.50 and $179.00 in 2040 if utility grows and crypto becomes widely accepted globally.

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