TLDR XRP is trading at $1.12, down 3.11% in 24 hours and 8.91% over the past week Analyst Egrag Crypto sees a falling wedge pattern with a breakout needing to clearTLDR XRP is trading at $1.12, down 3.11% in 24 hours and 8.91% over the past week Analyst Egrag Crypto sees a falling wedge pattern with a breakout needing to clear

XRP Price: Three Analysts, One Question — Is the Correction Over?

2026/06/11 14:41
3 min read
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TLDR

  • XRP is trading at $1.12, down 3.11% in 24 hours and 8.91% over the past week
  • Analyst Egrag Crypto sees a falling wedge pattern with a breakout needing to clear $1.66–$2.00 before higher targets apply
  • Analyst Diana says a move above $1.30 with strong volume would confirm strength toward $1.65
  • Ali Charts noted the Tom DeMark Sequential indicator has flashed a buy signal on XRP, suggesting a potential rebound
  • Key downside levels to watch are $1.09, $0.90, and $0.86 if buyers fail to hold current support

XRP is locked in a critical support battle at $1.12, with analysts split on whether buyers can hold the line or if further losses are ahead.

xrp priceXRP Price

XRP is trading at $1.12 at the time of writing, following a 3.11% drop over the past 24 hours. Volume has also dipped 5.04%, sitting at $1.84 billion. Over the past week, the token has shed 8.91%, according to CoinMarketCap.

The price fell after failing to hold above $1.1550. It dropped through $1.1420 and broke below the 50% Fibonacci retracement of the move from the $1.050 swing low to the $1.1862 high. XRP is now trading below the 100-hourly Simple Moving Average.

On the hourly chart, a bearish trend line has formed with resistance sitting at $1.120. That level is the first hurdle bulls need to clear.

Key Resistance Levels Bulls Must Break

If XRP can push higher, the first major resistance is at $1.1350. A clean move above that could open the door to $1.1420, then $1.1550. The next levels above that are $1.1650 and $1.1840.

Analyst Diana is watching the $1.25 zone closely. She says XRP recovered from macro support at $1.09 and is now testing the $1.20–$1.25 resistance band. She believes XRP needs to stay above $1.12 and break $1.25–$1.30 with volume to confirm strength.

A break above $1.30 would set up a target around $1.65, according to Diana. If that move happens, it would ease pressure from the recent correction.

Analyst Ali Charts posted on X that the Tom DeMark Sequential indicator has flashed a buy signal on XRP, pointing to a potential rebound from current levels.

Analyst Egrag Crypto highlighted a macro setup using multiple frameworks — Fibonacci circles, Fibonacci channels, Fibonacci extensions, and a falling wedge pattern. He says XRP is compressing in a key Fibonacci timing window.

What Happens If Support Breaks

According to Egrag, a confirmed breakout from the wedge needs to reclaim the $1.66–$2.00 range first. From there, he lists upside targets at $8.48, $13.70, $18.06, and $27.68 at various Fibonacci extension levels. These targets are conditional on confirmation.

If the setup fails, Egrag marks $1.21, $0.90, and $0.60 as lower support levels.

On the downside, if XRP fails to hold $1.10, the next major support sits near $1.080 — the 76.4% Fibonacci retracement level. A break below $1.080 opens the door to $1.0650, then $1.050. Below that, $1.020 and $1.00 come into view.

Rejection near $1.25 could keep the broader correction in place, with a drop below $1.09 potentially targeting the $0.90–$0.86 zone.

XRP’s key levels remain $1.09, $1.25, and $1.30. At the time of writing, the price is sitting just above $1.10 support while the hourly trend line caps rallies at $1.120.

The post XRP Price: Three Analysts, One Question — Is the Correction Over? appeared first on CoinCentral.

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