Here's a more engaging and SEO-friendly title for the crypto article: "Unlock XRP's Potential: Insightful Price Forecast for June 6

Volatile XRP Market Keeps Traders on Their Toes

The cryptocurrency market remains in a state of flux, with neither bulls nor bears firmly in control, according to the latest analysis from CoinStats. The price of XRP, in particular, has seen significant volatility over the past 24 hours.

On the hourly chart, the price of XRP has made a false breakout of the formed resistance at $2.1840. If the daily bar closes far from that mark, traders can expect a correction to the $2.15 range. On the longer time frame, the rate of XRP has once again bounced off the support of $2.0777, but the price has not accumulated enough energy for an ongoing upward move.

In this scenario, sideways trading in the zone of $2.15-$2.25 appears to be the most likely outcome. A similar picture can be seen on the weekly chart, where if the candle closes far from the support of $2.0777, buyers may re-enter the market, potentially leading to a test of the $2.40 mark.

At the time of writing, XRP is trading at $2.1796.