Ripple Price Analysis — July 6
Ripple continues above its recently acquired ascending trendline and could maintain this position in the coming weeks. With the relative absence of trading volume in the market, XRP lacks any bullish coordination to push above the $0.3500 mark.
That said, I foresee the ongoing sideways pattern persistence into the middle of July before any meaningful bullish reversal gets recorded.
Meanwhile, my resistance levels are $0.3400, $0.3500, and $0.3600, and my support levels are $0.3200, $0.3000, and $0.2800.
Total Market Capitalization: $904.1 billion
Ripple Market Capitalization: $15.6 billion
Ripple Dominance: 1.72%
Market Rank: #7
That said, I foresee the ongoing sideways pattern persistence into the middle of July before any meaningful bullish reversal gets recorded.
Meanwhile, my resistance levels are $0.3400, $0.3500, and $0.3600, and my support levels are $0.3200, $0.3000, and $0.2800.
Total Market Capitalization: $904.1 billion
Ripple Market Capitalization: $15.6 billion
Ripple Dominance: 1.72%
Market Rank: #7
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