XRP Price Prediction for July 6

Most of the coins have returned to the green zone on the last day of the week, according to CoinMarketCap.

XRP/USD

The rate of XRP has risen by 2.13% over the last 24 hours.

On the hourly chart, the price of XRP is on the way to the local resistance of $2.2849.

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If the daily bar closes around that mark, there is a chance of a test of the $2.30 zone tomorrow.

On the bigger time frame, the rate of XRP is approaching the resistance of $2.3293. If a breakout happens, the accumulated energy might be enough for a blast to the $2.35-$2.45 range.

From the midterm point of view, the price is in the middle of the wide channel between the support of $1.7711 and the resistance of $2.59. As neither side is dominating, any sharp moves are unlikely to happen soon.

XRP is trading at $2.2643 at press time.