Ripple (XRP) On the Edge: One Last Dip Before the Bull Breakout?
Ripple (XRP) continues its cautious navigation through a complex technical landscape, as price action attempts to carve out a meaningful bottom amid broad market indecision.
Since our previous forecast on June 1, 2025 — where we anticipated a potential bullish reversal after a corrective pullback — XRP has indeed shown signs of stabilization. However, the momentum to reclaim and decisively clear former key-support levels has so far been underwhelming.
The latest weekly candle on the attached chart reflects a tentative bounce from the $2.0588–$2.1329 region, which we have repeatedly identified as a significant inflection zone. Price is currently hovering around $2.10, caught between bearish pressure and latent bullish demand. While the geopolitical cooling in the Middle East briefly lifted sentiment across risk markets, crypto investors remain wary — and this is visibly mirrored in XRP’s lack of conviction on the upside.
Price Action Outlook
From a technical perspective, XRP/USD is exhibiting classic symptoms of a market hunting for a sustainable low. After a strong impulsive rally in late 2024, Ripple entered a prolonged correction phase, repeatedly testing the $2.0588–$2.1329 band, now acting as stubborn resistance after its prior role as a support floor.
The chart illustrates that each bullish attempt in recent weeks has faltered at this barrier, indicating supply clusters from trapped long positions and cautious short-sellers reinforcing their exposure. The inability to sustain moves above $2.13 suggests that the market may require one more bearish leg, likely targeting the lower boundary around $1.7325 to $1.6567, before genuine accumulation begins.
While the recent higher low pattern hints at strengthening demand below $2.00, without a clear breakout above $2.1329, bullish traction remains speculative.
Long-Term Bullish Narrative Intact
Despite the current short-term hesitancy, our long-term bullish outlook for Ripple remains firmly intact. As global capital markets gradually normalize, and as investor appetite for blockchain utility tokens returns, XRP is poised to reclaim higher valuations — particularly considering its strategic positioning in cross-border settlements.
The higher timeframe structure still aligns with a bullish continuation model, provided that the $1.65–$1.73 demand zone holds on any future dip. A decisive breakout above $2.1329 would likely confirm a medium-term bottom, unlocking targets at $2.4237, $2.6656, and eventually $3.1418, as indicated by Fibonacci projection levels on the weekly chart.
$XRP
#Ripple
#xrp
Since our previous forecast on June 1, 2025 — where we anticipated a potential bullish reversal after a corrective pullback — XRP has indeed shown signs of stabilization. However, the momentum to reclaim and decisively clear former key-support levels has so far been underwhelming.
The latest weekly candle on the attached chart reflects a tentative bounce from the $2.0588–$2.1329 region, which we have repeatedly identified as a significant inflection zone. Price is currently hovering around $2.10, caught between bearish pressure and latent bullish demand. While the geopolitical cooling in the Middle East briefly lifted sentiment across risk markets, crypto investors remain wary — and this is visibly mirrored in XRP’s lack of conviction on the upside.
Price Action Outlook
From a technical perspective, XRP/USD is exhibiting classic symptoms of a market hunting for a sustainable low. After a strong impulsive rally in late 2024, Ripple entered a prolonged correction phase, repeatedly testing the $2.0588–$2.1329 band, now acting as stubborn resistance after its prior role as a support floor.
The chart illustrates that each bullish attempt in recent weeks has faltered at this barrier, indicating supply clusters from trapped long positions and cautious short-sellers reinforcing their exposure. The inability to sustain moves above $2.13 suggests that the market may require one more bearish leg, likely targeting the lower boundary around $1.7325 to $1.6567, before genuine accumulation begins.
While the recent higher low pattern hints at strengthening demand below $2.00, without a clear breakout above $2.1329, bullish traction remains speculative.
Long-Term Bullish Narrative Intact
Despite the current short-term hesitancy, our long-term bullish outlook for Ripple remains firmly intact. As global capital markets gradually normalize, and as investor appetite for blockchain utility tokens returns, XRP is poised to reclaim higher valuations — particularly considering its strategic positioning in cross-border settlements.
The higher timeframe structure still aligns with a bullish continuation model, provided that the $1.65–$1.73 demand zone holds on any future dip. A decisive breakout above $2.1329 would likely confirm a medium-term bottom, unlocking targets at $2.4237, $2.6656, and eventually $3.1418, as indicated by Fibonacci projection levels on the weekly chart.
$XRP
#Ripple
#xrp
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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