Is it Too Late to Buy XRP? XRP Price Rallies 23% in a Month and AI Crypto Signals Platform yPredict Can Help Find the Next Penny Crypto to 100x

Some cause for concern emerges from the RSI indicator, which has failed to cool off from a strong overbought signal despite the lengthy consolidation period. 

Reading a bearish 60.55, this oscillator suggests price could need to push down lower ahead of a future upside swing.

The MACD provides some contrast to this, with the rival indicator reading a bullish signal at 0.0028.

XRP Price Prediction: Will Ripple Surge Ahead of June 13?

Against a backdrop of tough fundamental headwinds, Ripple stands uniquely poised – having already endured the long road ahead – now facing many leading projects.

With technical structure in healthy bullish form, the prospect of an upside move for XRP emerges as a ‘when’ not an ‘if’, with the RSI hinting a retrace down to the MA20 possibly on the cards ahead of a bounce.

This leaves XRP with a short-time frame upside target at $0.575 (a +8.98% move).

Downside risk remains significant, with a retracement down to the ascending MA20 at $0.4975 (-5.71%), possibly on the cards ahead of June 13.

Overall, Ripple’s current risk: reward structure sits at 1.57, an alluring entry ahead of a potential seismic development in the SEC v. Ripple case.

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_{^{Disclaimer: Cryptocurrency projects endorsed in this article are not the financial advice of the publishing author or publication – cryptocurrencies are highly volatile investments with considerable risk, always do your own research.}}