TLDR
- XRP fell to a yearly low near $1.05 before rebounding slightly to $1.11 after selling pressure subsided.
- Analysts have identified a falling wedge structure formed after XRP fell from its peak at $3.60 in July 2025.
- Upper wedge resistance is near $1.66, requiring a ~49% upside from current levels for a breakout test.
- EGRAG Crypto highlighted a Fibonacci alignment with targets ranging from $8.48 to $27.68 under bullish conditions.
- A Tom DeMark serial buy signal has appeared on the three-day chart for XRP following recent price weakness.
- Market feedback also showed Ethereum outperforming XRP in short-term cycles based on the XRP/ETH trading pair.
XRP fell to a yearly low near $1.05 after sustained selling pressure and later rebounded towards $1.11. Analysts note that selling pressure continues to dominate short-term price action across the market. EGRAG Crypto has identified a technical confluence combining Fibonacci tools and a falling wedge pattern that could form the next major move towards $27.68 if conditions align.
XRP technical structure and price action
XRP It formed a falling wedge after falling from its peak at $3.60 in July 2025. The structure developed through lower highs and lower lows across multiple sessions.
Price action remained compressed within the wedge as repeated breakout attempts failed. Sellers have consistently pushed XRP below the upper trend line during late 2025.
The upper limit of the wedge is currently located near $1.66. Moving towards this level requires achieving gains of about 49% from current prices.
EGRAG Crypto reported that the wedge structure will determine the next direction for XRP. He said: “The pattern controls the timing of the next expansion phase.”
#XRP – Total convergence is increasing 🎯:
This chart is not about one tool. It’s about coming together.
We have several TA frameworks that refer to the same total decision area:
▫️VIP Circuits = Timing + Price Rhythm
▫️Fib channels = expansion path
▫️Vib extensions = goal… pic.twitter.com/DhfwuMzgHZ— Egrag Crypto (@egragcrypto) June 10, 2026
XRP Price Fibonacci Levels and Market Signals
XRP price analysis shows several Fibonacci tools aligned with the same technical zone. These include channels, circles and extension levels that follow price action.
EGRAG Crypto has set $8.48 as its first extension target at 1,272. It also placed $13.70 at the 1.414 Fibonacci extension area.
The midpoint area 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 a recovery above $2. XRP must also break the trend line barrier of $1.66.
Market indicators and positioning across assets
A Tom DeMark on-chain signal has appeared on XRP’s three-day chart after recent weakness. Analyst Ali Martinez described the signal as a potential rebound indicator.
This signal came on the heels of a decline that pushed XRP into further bearish momentum in the short term. The price action later stabilized near the $1.10 area.
Creditpool I mentioned That XRP’s Ethereum The pair may continue the downward trend before stabilizing. He expected an additional 30% decline before a possible reversal structure.
In the middle of the period, $ Ethereum more $XRP Until the price of XRP/ETH falls by approximately 30% to at least the medium term. So for short term traders, ETH.
However, I think XRP/ETH has hit the overall bottom with this range here, so after falling 30+%, I think we are finally making a higher bottom and… https://t.co/fityi3vAva pic.twitter.com/l1V2TV4J9W
— Credible Crypto (@CredibleCrypto) June 10, 2026
He also mentioned that Ethereum may outperform XRP in shorter cycles during the current conditions. However, he noted that XRP retains broader upside potential if spot demand strengthens later in the cycle.
