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XRP Price is sitting at a crossroads right now. The daily chart has printed a clear picture. Buyers stepped in hard at $1.11, sellers pushed back near resistance, and the market is now in a range-rebuild phase.
The numbers from the ETF side make things more interesting. Institutional inflows into XRP products have crossed $1.44 billion cumulatively. That is not a small number. It tells you where the bigger players are putting their chips.
As of June 17, 2026, XRP is trading around $1.2186 on the daily chart. The 20 EMA sits at $1.2091, the 50 EMA at $1.2802, and the 200 EMA at $1.3733. Price is currently below all major moving averages.
The RSI on the daily is at 48.52. That is just below the neutral 50 line. It means momentum has not fully shifted to the bulls yet, but it has not broken down either.
The $1.11 zone was the survival test. Buyers showed up with conviction there, and the resulting wick is visible on the daily candle. That wick matters.
The altcoin sold off sharply from the $1.38 to $1.51 resistance zone in May 2026. Price fell all the way to roughly $1.08 to $1.11 before bouncing.
The long lower wick on that candle is a signal. It tells you sellers tried to push lower, but buyers absorbed the pressure. That kind of candle does not form randomly.
The bounce from $1.11 brought the price back above $1.21, which was the first structural recovery. Now the key question is whether it can start reclaiming higher levels.
The chart shows a clear layered resistance structure above the current price:
$1.28 is the first level where structure begins to improve. A clean daily close above here matters.
$1.35 to $1.38 is the zone where bulls gain control. This was previously support that flipped to resistance.
$1.51 is the major breakout zone. A sustained move above this level opens the door for expansion toward $1.61 to $1.67 and potentially $2.30 in the longer term.
The EGRAG Crypto chart from June 16, 2026, also shows a symmetrical triangle forming on the larger timeframe. Price is inside the triangle compression zone, approaching the apex.
The daily chart shows two converging trendlines. Lower highs and higher lows are squeezing the price into a tighter range. This is the textbook definition of a symmetrical triangle.
A symmetrical triangle does not predict direction on its own. It is a compression pattern. The breakout direction determines the next move.
For bulls, the key is that price holds above $1.11 and starts posting daily closes above $1.28. A breakdown below $1.11 on a daily close would shift the picture bearish and open the $0.88 area as a possible target, according to the analyst's chart.
This is where things get more concrete. The SoSoValue ETF data from June 16, 2026, shows:
Daily Total Net Inflow: $5.30 million
Cumulative Total Net Inflow: $1.44 billion
Total Net Assets: $1.06 billion, representing 1.40% of market cap
The biggest single-day inflow came from Franklin Templeton's XRPZ product, which pulled in $5.30 million on June 16 alone. Its cumulative inflows now stand at $406.38 million with net assets of $270.39 million.
Bitwise's XRP ETF (ticker: XRP on NYSE) leads in net assets at $473.71 million. Canary Capital's XRPC on NASDAQ holds $460.58 million in net assets.
These are not retail flows. This is institutional money buying into an asset that is still sitting near its local lows.
Multiple analyst charts point to similar targets on a sustained $1.51 breakout:
The EGRAG Crypto analysis marks $1.61 and $1.67 as intermediate targets. Beyond that, $2.30 is listed as a longer-term target if the symmetrical triangle resolves to the upside and holds.
The Fibonacci retracement levels on the daily chart place the 0.618 level at $1.5886 and the 0.5 level at $1.9854. Those act as natural targets and resistance zones on the way up.
But none of this is confirmed yet. XRP still needs to close above $1.28, then $1.38, and then $1.51 to begin the expansion phase.
Level | Condition | Status |
$1.11 | Buyers defend support | Completed |
$1.21 | First daily close above | Completed |
$1.28 | Structure improves | Pending |
$1.35 to $1.38 | Bulls gain control | Pending |
$1.51 | Major breakout zone | Pending |
The market is waiting for the next daily close to decide which side of the range wins.
Daily closes matter more than intraday spikes right now. Upper wicks on recent candles show sellers are still active near resistance. Lower wicks show buyers defending the floor.
The message the chart is sending is that this is a range market until one side breaks. Intraday pumps and dips are noise. The closing price is the signal.
If $XRP posts back-to-back daily closes above $1.28, that changes the tone. If it drops back under $1.21 and loses $1.11 on a daily close, the bullish case weakens significantly.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk, including potential total loss of capital. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.