XRP technicals point to 25% rally to $1.40 by July
XRP technicals show a potential 25% rebound to about $1.40 by July as the 20-week EMA nears a cross below the 200-week EMA and the weekly RSI approaches oversold.
As of Monday, XRP’s 20-week exponential moving average, near $1.40, was close to a weekly close below the 200-week EMA at about $1.39. A confirmed close under that level would create a death cross between those two long-term averages. Past 20-week/200-week EMA crosses in XRP were followed by rebounds, including a roughly 20% recovery in 2019 and an 82.7% rebound in 2022.
XRP traded around $1.13 at the time of reporting. Applying the earlier mean-reversion pattern to the current price would place a target near $1.39–$1.40, implying about 23%–25% upside by July if selling pressure eases.
Momentum measures add context. The weekly relative strength index was hovering just above the common oversold threshold of 30, a level that often appears when selling momentum slows and short-term rebounds become more likely.
Liquidity maps from exchanges and CoinGlass show heavier short liquidation liquidity above the spot price than long liquidation liquidity below it. CoinGlass data identifies the largest upside liquidation cluster at about $1.37–$1.40, totaling roughly $236.5 million in notional size. Short positions concentrated in that range could be forced to buy back exposure if price rises, which would add upward pressure on XRP.
A long-term chart published by analyst Cryptollica shows the 10-day RSI in the low 30s and XRP trading above the lower boundary of a multi-year ascending channel that has connected macro lows since 2017. That channel’s lower trendline sits near $0.75 and its upper boundary aligns with a longer-term target near $8. In a Sunday post, the analyst wrote: ‘In 13 years, XRP has only been this washed out 3 times,’ and added that the first two occurrences were identified only after price had already advanced.
Current technical readings present two near-term paths: a mean-reversion rebound toward the $1.39–$1.40 area or a deeper test of the channel support near $0.75 before a larger recovery. Market participants are monitoring weekly closes, RSI readings and liquidation clusters to assess which path may unfold.
These are technical indicators reported by analysts and do not constitute investment advice.
The material on GNcrypto is intended solely for informational use and must not be regarded as financial advice. We make every effort to keep the content accurate and current, but we cannot warrant its precision, completeness, or reliability. GNcrypto does not take responsibility for any mistakes, omissions, or financial losses resulting from reliance on this information. Any actions you take based on this content are done at your own risk. Always conduct independent research and seek guidance from a qualified specialist. For further details, please review our Terms, Privacy Policy and Disclaimers.
Articles by this author
