Ripple’s native token XRP managed to hold steady during the weekend when the overall cryptocurrency markets crashed. Though XRP dipped, it managed to reclaim its spot of $0.53 and remains on the greener side of the spectrum. The token is up 3% in the last 24 hours performing better than the other leading coins in the markets. XRP is aiming to reach the $1 mark but attempts to move forward remain futile. The markets are not in favor of a rally keeping its price mostly on the back foot.
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The XRP community has given a price prediction for the digital asset’s performance by the end of the month. In this article, we will highlight XRP’s price prediction for June 30, 2023, forecasted by the community alone on CoinMarketCap.
Ripple: XRP June 30 Price Prediction
Despite maintaining a positive flow, investors are bearish on XRP and believe it could dip in the coming weeks. The SEC filing lawsuits against Binance and Coinbase adds to the fears that the markets could be rough in the next few days. This puts pressure on the overall cryptocurrency market’s performance and negatively affects XRP’s price in the indices.
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According to the community’s price prediction, XRP could trade at $0.47 on June 30, 2023. That’s a downturn of approximately 10% in the next three weeks from its current price of $0.53. The forecast indicated that investors believe that the crypto could head south than north by the end of the month.
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However, leading crypto analyst Michael van de Poppe thought otherwise and predicted that XRP could break out upwards. “XRP still keen on a breakout upwards for the coming week,” he tweeted along with a chart forecasting that it could hit $0.57 next.
At press time, Ripple’s native token was trading at $0.53 and is up 3.1% in the 24-hours day trade. It is down 84.34% from its all-time high of $3.40, which it reached in January 2018.