XRP price prediction: $1.1755 support in focus as XRP trades flat

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XRP slides 0.63% to $1.2196 today

Highlights

Ripple's major investment in African stablecoin payments and Flutterwave integration aims to broaden XRP Ledger adoption in cross-border transactions.
The launch of XRP Ledger v3.2.0 and Ripple Treasury upgrades targets streamlined institutional onboarding and improved developer access, despite ongoing sell pressure.
XRP trades below key moving averages with mixed momentum, facing resistance at $1.2307 and a forecasted range of $1.1755 to $1.2637 over the next 2–3 days.

Infrastructure push and institutional access expand amid continued selling

Ripple expanded its infrastructure efforts on June 16 by announcing a major investment to support stablecoin use in African cross-border payments and to incorporate the XRP Ledger within Flutterwave’s transactional platform. The company also launched version 3.2.0 of the XRP Ledger, introducing system upgrades and officially rebranding the core processing server as 'xrpld,' which streamlines developer access and reliability. Institutional onboarding was further facilitated through Ripple Treasury, enabling direct addition of XRP and RLUSD for organizations, reducing operational hurdles. These expansionary actions accompanied recent price weakness, as ongoing selling pressure has prevailed.

Mixed momentum signals as price holds below key moving averages

On the 1-hour chart, XRP faces immediate resistance at the Ichimoku Kijun level of $1.2307, with support established near $1.1755. The asset is currently trading below MA-20 ($1.2220) and MA-50 ($1.2278) on the 1-hour timeframe, as well as beneath MA-200 ($1.5687) on the daily chart. Among momentum indicators, MACD remains on a Sell signal, ADX is Neutral, and RSI is at 48.5 (Sell). Most oscillators—including Stoch RSI, CCI, and Awesome Oscillator—are Neutral, while Bull/Bear Power (BBP) gives a Strong Buy call, reflecting some buyer pressure at the intraday level. These mixed signals highlight an indecisive technical environment.

Downside bias persists unless resistance is breached

Over the next 2–3 trading days, XRP is expected to trade within a typical volatility band of $1.1755 to $1.2637. The probability of an upward move stands at 47%, leaving the downside slightly favored. The baseline scenario involves price oscillating within this corridor, with a bullish scenario in play if resistance at $1.2307 is broken. A break below $1.1755 would confirm further downside risk.

Viktoras Karapetjanc, expert at Traders Union, sees Ripple’s latest infrastructure push and African expansion as key long-term positives for XRP adoption. He believes strong institutional groundwork offsets recent price weakness and technical indecision. With fundamentals improving, short-term price action remains range-bound but constructive. "XRP’s network expansion and real-world integrations give me confidence that resilience will soon translate into renewed upward momentum."

Earlier, analysts noted that XRP was exhibiting mixed momentum and range-bound behavior, supported by institutional inflows but capped by persistent resistance. The current analysis adds a new dimension by highlighting Ripple's infrastructure expansion amid prevailing technical indecision, making a sustained move above $1.2307 pivotal for any bullish confirmation in the near term.

Source of Data: XRP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.