XRP Price Prediction: Analysts Forecast Explosive XRP Rally in June as SEC Roundtable Approaches

The Ripple-linked token has recently seen a series of conflicting price moves, leaving investors curious about what’s next. However, some top analysts remain bullish, predicting a potential surge that could reshape the current Ripple market narrative.

Veteran crypto trader DonAlt believes that XRP’s recent upward trend may only be the beginning. In a recent analysis, he referred to XRP’s chart as “one of the most interesting” among altcoins, noting that the 20% gain seen since late April could be a prelude to a much larger move.

XRP remains one of the most compelling altcoin charts, poised for strong performance if the broader market upswing continues. Source: DonAlt via X

“What we’re seeing with XRP’s gains is just peanuts compared to what might be around the corner,” DonAlt said, highlighting $2.75 as a crucial resistance level. A breakout above this threshold, he added, could ignite a rapid price acceleration. DonAlt previously made accurate calls about XRP’s performance in late 2024, lending credibility to his latest prediction.

The token’s recent rebound from its long-standing price floor has rekindled optimism. Since the April low, XRP has posted steady gains, defying broader market uncertainty. At the time of writing, XRP is priced at $2.22, though it has slipped below key support levels in the past 48 hours, sparking short-term caution.

Despite bullish longer-term sentiment, XRP is currently navigating a short-term downtrend. The price recently dropped below the important support zone between $2.30 and $2.34, placing the spotlight on lower levels like $2.15 and even $1.79. These are now viewed as key zones to prevent deeper declines in the Ripple currency price.

XRP holds a bullish triangle, with a breakout above $2.61 potentially confirming strong upside. Source: Elenigma080 on TradingView

On the technical side, XRP is trading beneath its 50-, 100-, and 200-period Exponential Moving Averages on the 4-hour chart, while the Relative Strength Index (RSI) remains below the 50 midline. These signals suggest continued short-term bearish pressure.

However, some analysts point to a forming “inverse head and shoulders” pattern — typically a bullish setup. For this pattern to confirm, XRP must rise and break above $2.62. A successful breakout could trigger a significant uptrend, potentially validating predictions of a major June rally.

One of the most eagerly awaited events for XRP and broader Ripple news is the SEC crypto roundtable, which will take place on June 9. During the session, “DeFi and the American Spirit,” regulators and blockchain experts will engage in debate about the evolving digital assets environment.

The SEC will host its final crypto roundtable focused on DeFi developments on June 9. Source: JackTheRippler via X

Rebecca Rettig of Jito Labs, Peter Van Valkenburgh of Coin Center, and Jill Gunter of Espresso Systems are some of the principal speakers. Regulatory clarity — a long-standing issue for Ripple XRP news — is expected to be addressed.

“DeFi is a testament to the promise of crypto because it allows people to transact with each other directly,” SEC Commissioner Hester Peirce said, underscoring the importance of establishing a regulatory framework in which decentralized finance could flourish.

This roundtable is especially significant for XRP with the prevailing XRP SEC lawsuits and larger Ripple lawsuit updates. Legal clarity from the SEC or even indications of progress would dramatically affect Ripple’s future and investor confidence.

In derivatives markets, XRP has seen a 4.6% decline in open interest to $4.67 billion, accompanied by a 50% surge in volume to $4.45 billion. This shift indicates rising volatility and a liquidation-driven market shake-up. Long liquidations reached $8.5 million, while shorts stood at around $713,000, showing sellers gaining short-term control.

XRP was trading at around $2.22, down 2.73% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

These movements have created caution among some traders, especially with inflation data from the Personal Consumer Expenditures (PCE) Index due soon. Still, the presence of institutional whales — including one recently going long on XRP through HyperLiquid — signals quiet confidence in the token’s near-term potential.

XRP’s price trajectory remains uncertain in the immediate term, but there’s growing consensus that June could bring critical turning points. The token is stuck between bearish technical patterns and bullish macro expectations, especially with the SEC Ripple discussions looming.

Brad Garlinghouse and the Ripple team have long called for clearer crypto regulations, and if the June roundtable delivers progress, it may strengthen Ripple’s case both in court and the market. Some observers even speculate that potential XRP ETF approval or strategic partnerships, like those involving Ripple Bank of America, could add further fuel to the fire.

In summary, while XRP continues to test support zones, analysts like DonAlt and events like the SEC roundtable are keeping bullish hopes alive. If XRP can break above the $2.75 mark, it may validate the growing belief that the current rally is only just beginning. For now, traders are closely watching for breakout signals as June approaches.