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  • Anjali Belgaumkar
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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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  • Reviewed by: Qadir AK

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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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  • 2 minutes read

XRP Price Prediction For June 26

  • currency-symbol XRP $ 2.19 (0.19%) top gainer
Story Highlights
  • XRP breaks above $2.20, flipping resistance into support; next targets are $2.30–$2.35 with potential to revisit $2.66 and beyond.

  • Despite bullish momentum, analysts caution one more dip is possible if $2.08 support fails; trend still shows lower highs overall.

The cryptocurrency market has seen bullish energy in recent days, and XRP is no exception. The popular altcoin has now broken above the $2.20 mark and is just 42% away from its previous all-time high (ATH) of $3.84. The question now is: can XRP keep up this pace, or a pullback is coming?

XRP Bounces Strong From Key Support

After a period of sluggish price action, XRP recently staged a strong rebound from its critical support zone between $1.92 and $1.95. This move was fueled by improving sentiment across the broader crypto market, particularly with Bitcoin and Ethereum turning bullish in the short term.

The $2.19 to $2.20 range acted as a stubborn resistance level in recent sessions. Now that XRP has punched through this zone, it’s likely to flip into a new support area, giving bulls a solid platform to aim for higher targets.

Next Key Target: $2.30 to $2.35

The next crucial resistance lies between $2.30 and $2.35. If XRP can clear this hurdle, it opens up the path to revisit May’s high around $2.66, and move closer to the $3 mark in the coming weeks.

Despite this promising breakout, XRP’s broader trend on the daily chart still shows a pattern of lower highs and lower lows,  a classic sign of an ongoing bearish trend. To truly confirm a shift back to a bullish structure, XRP would need to consistently post higher highs, starting with a decisive move above the $2.35 resistance.

Short-Term Outlook: Bullish, But Watch the Levels

The recent rally from the June 22nd low has already shown a promising three-wave structure to the upside. While this is encouraging, analysts warn that one more dip remains a possibility, especially if the price fails to hold above the $2.08 support zone.

A clean five-wave impulsive move, which would typically signal a stronger, more sustainable uptrend, is what experts are hoping to see next. If that happens, XRP could quickly push towards $2.29 to $2.32.

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FAQs

Can XRP Sustain Its Current Momentum?

XRP’s current rally is promising, with a strong rebound and bullish short-term technicals. However, watch for potential pullbacks if it fails to hold key support levels.

Is the Broader Trend for XRP Still Bearish?

Yes, XRP’s broader trend on the daily chart still shows lower highs and lower lows, indicating an ongoing bearish trend. A consistent move above $2.35 is needed for a bullish confirmation.

How Does Broader Market Sentiment Affect XRP?

XRP’s price is significantly influenced by overall crypto market sentiment, especially Bitcoin and Ethereum’s performance, as bullish turns in these often fuel XRP’s rallies.

How Reliable Is the Current XRP Rally?

The current rally shows a promising three-wave structure, but analysts warn one more dip is possible if $2.08 support isn’t held. A five-wave impulsive move would signal a more sustainable uptrend.

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