TLDR
- XRP fell to a yearly low near $1.05 before recovering slightly to $1.11 after selling pressure eased.
- Analysts identified a falling wedge structure formed after XRP dropped from its $3.60 peak in July 2025.
- The upper wedge resistance sits near $1.66, requiring nearly 49% upside from current levels for a breakout test.
- EGRAG Crypto highlighted Fibonacci alignment with targets ranging from $8.48 to $27.68 under bullish conditions.
- A Tom DeMark Sequential buy signal appeared on XRP’s three-day chart after recent price weakness.
- Market commentary also showed Ethereum outperforming XRP in short-term cycles based on the XRP/ETH trading pair.
XRP dropped to a yearly low near $1.05 after sustained selling pressure and later recovered toward $1.11. Analysts observed that selling pressure still dominates short-term price action across the market. EGRAG Crypto identified a technical confluence combining Fibonacci tools and a falling wedge pattern that may shape the next major move toward $27.68 if conditions align.
XRP Technical Structure and Price Action
XRP formed a falling wedge after declining from its $3.60 peak in July 2025. The structure developed through lower highs and lower lows across multiple sessions.
Price action stayed compressed inside the wedge as repeated breakout attempts failed. Sellers consistently pushed XRP back below the upper trendline during late 2025.
The upper boundary of the wedge currently sits near $1.66. A move toward this level would require a gain of about 49% from current prices.
EGRAG Crypto stated that the wedge structure will define the next direction for XRP. He said, “the pattern controls the timing of the next expansion phase.”
#XRP – Macro Confluence Is Building 🎯:
This chart is not about one single tool. It is about confluence.
We have multiple TA frameworks pointing toward the same macro decision zone:
▫️Fib Circles = timing + price rhythm
▫️Fib Channels = expansion path
▫️Fib Extensions = target… pic.twitter.com/DhfwuMzgHZ— EGRAG CRYPTO (@egragcrypto) June 10, 2026
XRP price Fibonacci Levels and Market Signals
XRP price analysis shows multiple Fibonacci tools aligning within the same technical zone. These include channels, circles, and extension levels tracking price movement.
EGRAG Crypto identified $8.48 as the first extension target at the 1.272 level. He also placed $13.70 at the 1.414 Fibonacci extension zone.
A midpoint region at $18.06 forms another reference level in his model. The final projection reaches $27.68 at the 1.618 extension level.
He noted that confirmation requires a break above the wedge and recovery above $2. XRP must also clear the $1.66 trendline barrier.
Market Indicators and Cross Asset Positioning
A Tom DeMark Sequential signal appeared on XRP’s three-day chart after recent weakness. Analyst Ali Martinez described the signal as a potential rebound indicator.
The signal followed a decline that pushed XRP deeper into short-term bearish momentum. Price movement later stabilized near the $1.10 region.
CrediBULL reported that the XRP to Ethereum pair may continue trending lower before stabilizing. He projected an additional 30% decline before a potential reversal structure.
In the mid term, $ETH over $XRP until XRP/ETH falls about 30% lower to midrange at minimum. So for shorter term traders, ETH.
That being said, I think XRP/ETH has put in it's macro bottom with this range here, so after the 30+% decline I think we ultimately make a higher low and… https://t.co/fityi3vAva pic.twitter.com/l1V2TV4J9W
— CrediBULL Crypto (@CredibleCrypto) June 10, 2026
He also stated Ethereum may outperform XRP in shorter cycles during current conditions. However, he noted XRP maintains broader upside potential if spot demand strengthens later in the cycle.
