XRP (XRPUSD) Price Forecast: June 6
XRPUSD pair looks good for the long investors as the market now trades at the ascending channel of the trading platform. The coin price will most likely continue its bullish run and the price could still go higher if the price is able to break up the $0.5848 previous high level, then we can expect a good upside momentum up to the $0.7000 upper resistance value and beyond.
Key Levels:
Resistance Levels: $0.5300, $0.5400, $0.5500
Support Levels: $0.4300, $0.4200, $0.4100
XRP (USD) Long-term Trend: Bullish (Daily Chart)
XRPUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the two EMAs. However, the market is presently facing resistance at the recent high.
The crypto has been having a series of higher highs and higher lows which has made it capable for the price to remain stronger in an upward trend in its recent high.
Today, the buy investors made a rally upwards to a $0.5268 resistance level above the two EMAs; this implies an uptrend and also shows bullish impact on the coin. Thus, More upsides are possible as the buyers are clustered around the market presently.
More so, under the influence of this market level, the coin should rise steadily soon and break up the previous high at $0.5848 level to reach the $0.7000 upper resistance level soon as we watch the XRP market turns strongly bullish soon in the long-term perspective.
XRP (USD) Medium-term Trend: Bullish (4H Chart)
The XRPUSD pair also trades in a bullish trend market in the medium-term outlook. This is due to the high impact from the long-term traders in the price flow. 
The bullish pressure at the $0.5333 support level in the past few hours has made the coin stay above the supply trend levels in its recent high.
After completing the low-dips at the $0.5235 low level, the impulse move from the buy traders pushed the price of XRP up to a $0.5269 high level above the moving averages shortly after the 4-hourly session opens today. This will enable the buyers to influence the price tendency.
Further, there is likely to be a potential increase in the XRPUSD’s price soon as the bulls are now clustered around the market.
If that occurs, the first upside target could be the $0.5277 previous high and could as well reach a high at the $0.7000 level soon in its medium-term time frame which will indeed be a buy opportunity for the long investors.
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