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$589 XRP in Focus After 21 EMA Retest

By WebDeskJune 3, 20255 Mins Read
9 XRP in Focus After 21 EMA Retest
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Ripple’s price prediction has reached a critical crossroad as XRP approaches the 21 EMA retest level, and analysts are now also eyeing ambitious targets including $10, $18, $27, and ultimately $589 for XRP price movements. Amazing, considering its current price, right?

The latest Ripple price prediction also suggests that XRP price could actually experience significant gains if it successfully holds above the 21 EMA support. Current XRP news also indicate some strong technical formations, while Ripple news highlights key developments that could drive the next major rally phase right now.

#XRP – 2 Weeks Time Frame – The Signal 🔍 (Targeting $10, $18, $27)

🟣You Deserve It Unless
If you can interpret the chart below, you’re on the right track to understand the next potential move for #XRP. Master this, and remember—when the time comes, be ready to sell for maximum… pic.twitter.com/xMwUSgmd6M

— EGRAG CRYPTO (@egragcrypto) June 2, 2025

Also Read: XRP to 10K: Ripple’s 450% Breakout Triggers Bull Run

XRP Price Forecast: Analysts Eye $10–$27 Targets Amid 21 EMA Retest

XRP 2030 price prediction
Source: Watcher Guru

The current Ripple price prediction scenario centers around XRP’s ability to maintain support above the 21 EMA level, and market analysts have identified specific price targets based on technical formations that suggest substantial upside potential for XRP price action. At the time of writing, the token is showing signs of strength near these crucial levels.

EGRAG CRYPTO Confirms $27 Target Timeline

EGRAG CRYPTO stated:

“XRP IS FAVOLOSO! – Confirmation of $27 incoming!”

XRP macro channel long-term analysis chartXRP macro channel long-term analysis chart
Source: X

The analyst further emphasized the importance of the current price level, and also noted that XRP is currently ranging above the BOS and patiently waiting for its meeting with the 21 EMA. This Ripple price prediction aligns with broader XRP news suggesting bullish momentum right now.

EGRAG CRYPTO had this to say about the breakout scenario:

“When this meeting happens ABOVE the BOS and the 21 EMA crosses it, tagging XRP price, I will confidently say with high conviction that this cycle, XRP is heading straight to $27!”

#XRP IS FAVOLOSO 🇮🇹 – Confirmation of $27 Incoming! #XRP is currently ranging above the BOS and patiently waiting for its rendez-vous avec mon amour 🇫🇷 with the 21 EMA.

When this meeting happens ABOVE the BOS and the 21 EMA crosses it, tagging #XRP price, I will confidently… pic.twitter.com/eSDxLti0V4

— EGRAG CRYPTO (@egragcrypto) December 23, 2024

Double Bottom Pattern Strengthens Ripple Price Prediction

Technical analysis reveals a double bottom formation that supports the current Ripple price prediction, and the pattern indicates that XRP price has found strong support at key levels. Analysts are also monitoring for confirmation signals that could validate this bullish formation.

BOS analysis showing break of structure pointsBOS analysis showing break of structure points
BOS analysis showing break of structure points – Source: X

EGRAG CRYPTO stated regarding the double bottom confirmation:

“A Close Above $2.3 Shields the Double Bottom Pattern”

The analyst explained that a strong close above $2.30 on the three-day timeframe and above the 21 EMA will confirm that the Double Bottom is in play for XRP, and also opens the door to potential targets around $2.50, $2.65, and $3.00.

Break of Structure Analysis Supports XRP News

The latest XRP news includes detailed analysis of Break of Structure (BOS) events that have shaped recent price action, and these technical developments strengthen the overall Ripple price prediction for higher targets. At the time of writing this piece, market participants are also watching these structural patterns closely.

XRP daily chart showing recent price consolidation
XRP daily chart showing recent price consolidation – Source: TradingView

Market structure analysis shows two significant BOS events, and the current setup positions XRP price for potential breakout scenarios. The Ripple price prediction methodology focuses on these structural breaks as key indicators for future price movements, also considering broader market conditions.

Hidden Road Connection Adds Fundamental Support

Recent Ripple news has highlighted the connection between Ripple and Hidden Road, located at 589 5th Avenue in New York City, and this discovery has added significance to the $589 Ripple price prediction target that analysts have been discussing. The address correlation has sparked additional interest among XRP holders right now.

#XRP – A Close Above $2.3 Shields the Double Bottom Pattern 💎🚀:

A strong close above $2.30 on the 3-day timeframe and above the 21 EMA will confirm that the Double Bottom is in play for #XRP, opening the door to potential targets around:

🎯 $2.50
🎯 $2.65
🎯 $3.00

As long… pic.twitter.com/bguB9ujpZe

— EGRAG CRYPTO (@egragcrypto) June 2, 2025

The strategic positioning and recent acquisition activities suggest that fundamental developments could support the ambitious Ripple price prediction targets outlined by technical analysts, and also provide additional validation for the long-term bullish thesis.

Can someone confirm this, or did the AI go crazy? 🤣 pic.twitter.com/94mx3ZILQP

— Anders 🏁🌏 (@X__Anderson) May 30, 2025

Also Read: Coinbase Launches 24/7 XRP & Solana Futures Trading June 13

Current market conditions show XRP maintaining crucial support levels while technical indicators align with bullish Ripple price prediction scenarios. The convergence of pattern recognition, institutional developments, and favorable market structure creates an environment where the projected XRP price targets become increasingly achievable. As currency markets respond to federal reserve policies and treasury yields fluctuate amid economic growth concerns, XRP’s technical setup positions it for potential gains toward the ambitious targets outlined in this Ripple price prediction analysis.


Credit: Source link

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