XRP Price Analysis And Prediction For June 26th – XRP Remains Active

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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, May 25th the XRP by Ripple goes a bit down, its volatility still being high. The instrument is mostly trading around 0.4723. On H4, we see the XRP break through the previous consolidation channel and test the resistance zone, turning it into support. This may signal future growth up to the resistance line of the midterm channel around 0.5680. However, it is worth noticing that a midterm divergence is forming on MACD, which in its turn might mean the beginning of a short-term drop to the support line around 0.4160. H1

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