XRP Price Prediction: XRP Approaches Technical Breakout — Will the Price Pass $2.60 by June?
Following a recent rally and subsequent pullback, analysts are weighing both technical indicators and macro factors to determine whether the Ripple-associated token can regain upward momentum before the end of June. XRP...
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Following a recent rally and subsequent pullback, analysts are weighing both technical indicators and macro factors to determine whether the Ripple-associated token can regain upward momentum before the end of June.
XRP Price Under Pressure After RallyThe XRP price is currently hovering near $2.23 after failing to hold gains above the $2.35 resistance zone earlier this week. The token saw a notable uptick alongside a broader altcoin rally, but strong selling pressure quickly emerged at the upper resistance level, signaling potential profit-taking by institutional players.
XRP was trading at around $2.19, down 0.66% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
According to market analysts, XRP’s recent rejection near $2.36 triggered a short-term change of character. The Smart Money Concepts (SMC) model suggests the token tapped into a key supply zone, where traders likely offloaded large positions. This is further confirmed by a bearish divergence in the Relative Strength Index (RSI) and weakening signals in the MACD, pointing to a cooldown in momentum.
Technical Indicators: Mixed Short-Term OutlookDespite the dip, several indicators suggest the broader uptrend remains intact. The Vortex Indicator (VI) continues to show bullish strength on the 4-hour chart, with the VI+ line staying well above the VI– line. Similarly, the True Strength Index (TSI) displays a wide divergence between its positive and signal lines, indicating there’s still underlying momentum for an upward move.
However, caution persists. The Supertrend indicator has flipped bearish on lower timeframes, and the Ichimoku Cloud shows XRP testing its lower edge. If the price breaks decisively below the $2.15 support region, analysts warn it could trigger a deeper correction toward $2.05.
The Volume Weighted Average Price (VWAP) also aligns with the short-term resistance at $2.24–$2.25, emphasizing the importance of XRP reclaiming this level to sustain bullish sentiment.
XRP Eyes $2.60 After Bullish Channel BreakoutOn the macro chart, XRP recently broke above a descending price channel and successfully retested its upper boundary—a classically bullish signal. The price has formed a “golden cross” between the 9-period and 21-period EMAs, which typically signals accelerating upward momentum.
A bullish breakout of the weekly price channel could lead to a long-term bullish rally. Source: DaveJager on TradingView
“Breaking past $2.35 and $2.50 are critical hurdles before XRP can realistically test the $2.60 level,” noted crypto analyst Alejandro Arrieche. He added that if these zones are cleared, there’s “nothing standing in the way of the token to reach $2.60,” implying a potential 14% upside.
Still, traders are watching for a possible pullback to the $2.20 zone, which may offer a more attractive entry before a new bullish leg. Lower timeframe charts show overbought RSI readings, hinting at short-term consolidation before any aggressive move upward.
XRP Price Buoyed by Growing Investor ConfidenceDespite the recent dip, large holders—those holding between 1 million and 10 million XRP—continue to accumulate. According to Santiment, this cohort now owns 9.9% of XRP’s total supply, up from 8.24% at the start of the year. The growing interest reflects increased confidence in Ripple’s network and its token amid improving macroeconomic sentiment.
This accumulation trend is also visible in institutional flows. CoinShares’ latest digital asset report highlighted $11.8 million in inflows into XRP-linked investment products last week alone. “Altcoins like XRP saw renewed investor interest,” the report said, with the U.S. market leading the surge.
Meanwhile, XRP futures open interest remains steady at $3.83 billion. Although this is down from its peak of $5.52 billion in May, the plateau suggests traders are still betting on upward moves rather than exiting positions.
Ripple News: Strategic Moves Bolster UtilityIn related Ripple news, the company recently announced that it has teamed up with Circle, the USDC stablecoin issuer. Through the partnership, USDC will be integrated into the Ripple ledger to make cross-border transactions cheaper and easier.
Circle’s USDC stablecoin has launched on the XRP Ledger, enabling seamless transfers between decentralized exchanges using XRP as a bridge currency. Source: Catherine Deneuve via X
With USDC’s massive $61 billion market cap and high daily transaction volumes, the integration should lead to heightened activity on the Ripple network and consequently push demand for XRP. This plays into Ripple CEO Brad Garlinghouse’s plan to make Ripple the platform of choice for global payment infrastructure.
The move might also be a strategic reaction to the ongoing repercussions of the XRP lawsuit and ongoing SEC Ripple supervision. While the Ripple lawsuit still casts some regulatory uncertainty, the company’s development work and growing partnerships are positioning Ripple as a competitive contender in the emerging market.
XRP Price Forecast: Can Bulls Hold the Line?Looking ahead, XRP needs to defend the $2.13–$2.15 demand zone to maintain its medium-term bullish outlook. A successful defense could pave the way for another test of the $2.35 resistance, followed by $2.50. If both levels are breached with strong volume, analysts believe the token could make a credible push toward $2.60 by month’s end.
However, if the price breaks below the $2.13 zone, a deeper decline toward $2.05—or even $1.85 in a prolonged sell-off—remains possible.
Despite near-term volatility, the broader sentiment around Ripple XRP news remains cautiously optimistic. Institutional inflows, strategic partnerships, and technical support zones all suggest that XRP may be gearing up for another leg higher—if the bulls can hold firm.
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