XRP Price Prediction for June: Will Ripple Surpass $10?

XRP has slightly risen to $2.25 today, and this currency still maintains a bullish trend despite the crypto market having fallen 2.5% in the past 24 hours. XRP has currently fallen 2.5% over a week but is up 3% over a month, while still maintaining a 333% increase over the past year. This currency is bullish today after Ripple announced that their stablecoin RLUSD has received approval from regulators in Dubai, and after CEO Brad Garlinghouse denied that the company made an offer to buy Circle in April. With the continuous growth of the company and the ability to end the prolonged legal battle with the SEC this year, the long-term price prediction for XRP still seems very promising. XRP Price Prediction for June: Will Ripple Exceed $10? The chart of XRP is interesting in that its two main indicators - the 30-day moving average (orange) and the relative strength index (purple) - show different stories. On one hand, the RSI index is rising again after falling below 40 a week ago, while this index has been low for most of February, March, and April, which means a significant recovery is coming.

On the other hand, the 30-day average of XRP has been significantly higher than the 200-day average (green) since the beginning of November, therefore, this really indicates that there will be a larger correction. However, it can be argued that Ripple's unique position justifies overlooking the 30-day mark to some extent, as XRP has been in an oversold condition for a long time ( before month 11) due to Ripple's damaging legal battle with the SEC. Therefore, the price of XRP may remain high for a while longer, although the price of XRP may still be much lower than it should be, based on Ripple's business outlook. In fact, in the past few days, Ripple has received regulatory approval for the stablecoin RLUSD in Dubai, which is increasingly becoming an important area for the use of crypto and stablecoins. And when Ripple and the SEC reach a final agreement by the end of the year, the impact on the price of XRP could be very positive. The ongoing tensions over tariffs could also significantly impact the price of XRP in the coming weeks, as the Trump administration doubles the tariffs on imported steel this week. However, if the United States and its trade partners can reach an agreement in the coming months, the market may warm up again. In such a context, the price of XRP could reach 3 dollars by the end of July, 4 dollars in Q4, and 5 dollars by the end of the year.