Where Could Ripple’s XRP Price Go This New Week?
Last week in our XRP price prediction, we said the price would probably stay between $1.30 and $1.40. That was unless buyers could break above the $1.40 resistance zone. We also warned that losing $1.30 could open the door to a drop toward $1.24 and then $1.20.
The bad case happened much faster than anyone expected. Ripple’s XRP broke below support and fell to about $1.12 as the whole crypto market got hit hard. Total market value dropped to a yearly low near $2.10 trillion before buyers finally stepped back in.
Now the market is showing signs of recovery as the new week begins. Crypto value has bounced about 3% off its lows. Extreme fear and a sharp drop in Bitcoin liquidations have helped ease the selling pressure. The question now is whether the XRP price can build on this rebound or fall again.
Factors Driving XRP Price This Week
One of the biggest things for Ripple is the launch of the XRPL EVM Sidechain mainnet. This new network brings Ethereum compatibility to the XRP ecosystem. Developers can now use smart contracts without changing the main XRP Ledger, which was built mostly for payments. Assets can move between the main ledger and the sidechain. That opens the door for new DeFi apps and other uses.
The sidechain is built on the Cosmos EVM stack and connects through IBC technology. It also uses Axelar, which gives it access to over 80 blockchains from day one. That makes the XRP ecosystem more connected and useful for developers who want to build across multiple chains.
Trading activity is another bright spot. XRP is still one of the most traded coins on South Korea’s Upbit exchange, even after losing about 15% this past week. Strong volume in one of crypto’s busiest retail markets points to continued demand and liquidity, even as prices fall.
Rules are still a big factor for the XRP price. The CLARITY Act passed through the Senate Banking Committee in May 2026. If it becomes law, it could classify XRP as a non-security commodity. That would attract big money and ETF demand. But delays would keep uncertainty hanging over the market.
Large holders are also showing confidence during the downturn. Wallets holding between 100 million and 1 billion XRP have accumulated hundreds of millions of tokens during previous market weakness, and wallets holding at least 1 million XRP continue to grow. That creates a contrast between weak retail sentiment and continued accumulation by bigger investors.
Ripple’s XRP Chart Analysis
We looked at the XRP chart. The trend is still clearly down, even with today’s bounce. XRP has been making lower highs and lower lows since mid-May. The drop got much faster in the first week of June. The XRP price fell from about $1.35 down to near $1.08 before buyers finally stepped in.
Source: Tradingview.com
The good news is that momentum numbers are starting to settle down. The MACD histogram turned positive for the first time in days. The MACD lines are also trying to cross into bullish territory. That points to downside pressure fading after a long sell-off.
The RSI histogram is still deeply negative. That tells you sellers have been in charge for most of the past two weeks.
But the latest bars are getting better, which supports the idea of a short-term bounce. The XRP price now needs to take back the $1.15 to $1.20 area to make the case for a bigger recovery.
Related XRP News: Ripple News: Banks Are Using XRP Right Now – Evernorth Manages 400M Tokens, Analyst Explains
Where Could XRP Price Go Next?
The most likely thing for XRP this week is a bounce toward $1.20 after last week’s heavy selling. Extreme fear across crypto, fewer liquidations, and better momentum numbers all point to a short-term recovery from current levels near $1.12.
The good case depends on that bounce continuing. If the XRP price can stay above $1.10 and take back the $1.15 to $1.20 zone, buyers could push the price toward $1.25 and maybe $1.30 later in the week. Good news around the XRPL EVM Sidechain launch and fresh hope for the CLARITY Act could help that move.
The bad case is simple. If the wider crypto market loses this bounce and the Bitcoin price falls again, XRP could retest support near $1.08. A break below that level could send the price to the $1.00 area. That would likely be the next big target for sellers.
However, Ripple’s XRP starts the new week in a much weaker spot than most traders expected. But extreme fear across crypto and early signs of a technical bounce have opened up room for a recovery. The key levels to watch are $1.08 on the downside and $1.20 on the upside. Those two prices could decide where XRP goes next.
Frequently Asked Questions
At $1.10, XRP is 15% below its recent highs and down over 50% from its 2025 peak. Long‑term buyers may see value, but short‑term momentum remains bearish. Waiting for a macro bottom confirmation carries less risk.
Yes. Evernorth manages over 400 million XRP tokens in its corporate treasury and uses them for lending, collateralization, and yield generation. The company is going public via Nasdaq.
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The post Where Could Ripple’s XRP Price Go This New Week? appeared first on CaptainAltcoin.
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