The XRP price came under fresh market focus on Tuesday, June 16, 2026, as buyers pushed the token toward a key resistance area. Analysts said the rebound kept short-term support levels in focus after XRP moved away from lower price zones.
At the time of writing, XRP is trading at $1.23, marking an uptick of 1.04% in the past day. The trading volume is showing a strong bullish surge up 63.74% and is currently standing at $2.9 billion. Over the last week, the token has gained 7.1%, according to CoinMarketCap.
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XRP Price Structure Strengthens After Rebound
Analyst Egrag Crypto highlighted that XRP followed the four-hour chart map shared earlier. The level of $1.14 appeared to have been marked as a level to hold before a move towards $1.1938.
The same forecast set $1.2600 as the next target in case XRP broke above $1.1938. It also warned that a loss of $1.09 could increase the risk of a drop toward $1.05.
Egrag notes that XRP had initially controlled the $1.14 region. It then headed towards $1.1938 and subsequently rallied above the level before hitting the next target.
The analyst added that XRP hit $1.2600 and later climbed as high as $1.2996. The move matched the earlier structure and showed why price levels are mapped before market action.
Following the move, XRP demonstrated rejection at the $1.2600 region. Egrag added that the pullback was normal following a strong move.
The analyst noted the XRP price now needs to sustain above $1.19 to maintain the bull market structure. A loss of $1.19 could lead to another test of lower support.
He also said that if it drops below $1.14, the structure will again come under pressure. That level is significant after it has been used as the foundation for the last rebound.
XRP Price Faces Major Resistance as Momentum Builds
Moreover, another analyst, CasiTrades, also focused on the $1.30 region. She mentioned that XRP was facing a major resistance level during the strengthening of the broader crypto market.
The analyst noted the ongoing rally has surpassed a typical C-wave target. That does not indicate a new trend, but it makes the latest reaction more significant.
According to the analyst, one valid scenario gives XRP the opportunity to experience resistances around the $1.30 mark. In this scenario, the token might be trending back to the $0.90 support level, which it has been holding for months.
Meanwhile, she said that the $1.09 macro .786 support reaction was stronger than anticipated. Persistent strength could signal potential trend formation rather than a final bottom.
The analyst indicated that the downward support may continue until XRP stabilizes at $1.65 and converts it into support. The XRP price stands in a range between ascending momentum and significant resistance around $1.30 for the time being.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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