XRP Price Finally Wakes Up, Analyst Says Momentum Is the Strongest in Months

XRP price is “using” the market’s momentum right now to recover above $1.20. The token is up almost 4% today, trading near $1.22 at press time. This is likely one of the best moves XRP price has made in the past few weeks.

The broader crypto market is showing signs of life. Bitcoin and Ethereum both bounced today, and altcoins are following. But XRP stands out. The token has been stuck in a tight range for weeks, and this breakout is finally giving bulls something to cheer about.

I always like to say that CasiTrades is one of the high-level XRP price analysts on X. She has a track record of calling key levels with precision. And she just weighed in again after this pump.

CasiTrades: Momentum Is the Strongest in Months

CasiTrades posted an update on June 16 as XRP approached a major resistance level around $1.30.

She said the momentum coming into the crypto market is “awesome” and that price is now testing a very important level. What caught her attention is that this move has already pushed beyond what she would consider a standard C‑wave target. That does not confirm a new trend, but it does start to lean in that direction.

She urged traders to stay objective. There is still a valid scenario where XRP finds resistance at $1.30 and heads toward the $0.90 support zone she has been tracking for months. At the same time, the reaction off the $1.09 macro .786 support has been stronger than expected. If the momentum continues, we may be looking at the early stages of a new trend rather than a final move lower.

Her key warning: nothing officially invalidates the need for lower support until $1.65 is reclaimed and flipped into support. Until then, we are observing. As analysts, her job is not to force a prediction but to wait for the market to reveal itself.

She ended with a bullish note: what she is seeing right now is strength. Potentially the strongest in months. It still needs confirmation, but it is exciting to finally see some life in the market.

XRP Chart Analysis: XRP Testing $1.30 Resistance

The attached TradingView chart from CasiTrades shows XRP/USD on the 4‑hour timeframe (Coinbase) as of June 16.

The current price sits near $1.28, with a high of $1.2928 in the session. The green candle is pushing against a descending resistance line that has capped price since early May. CasiTrades labels $1.30 as the major resistance level.

Several Fibonacci levels are drawn on the chart. The 1.618 extension sits near $1.3060, which aligns closely with the $1.30 resistance zone. Above that, the next major level is around $1.617, followed by $1.7737 and $1.7875.

The chart also shows the $1.09 macro .786 support level that CasiTrades mentioned. That level held perfectly during the recent dip, and price has bounced strongly off it.

What is interesting is the structure. The move from the $1.09 low to the current $1.28 high for the XRP price has already exceeded a standard C‑wave target. That indicates the correction may have ended prematurely, or that a larger trend change is underway. CasiTrades is not ready to call it a new trend yet, but she acknowledges that the strength is unusual.

Read also: ChatGPT Predicts XRP Price as Oil Falls and Risk Assets Rally After Us-Iran Deal

Santiment Report: Whales Hold 74% of Supply

Santiment released a report 12 hours ago, just as the XRP price was pushing above $1.28. Since then, price has dipped to $1.22, but the on‑chain data remains bullish.

Santiment reported that XRP has staged an impressive comeback, surging +13% in 24 hours and reclaiming the $1.28 level for the first time in two weeks. Like most altcoins today, XRP traders reacted positively to reports that the US‑Iran conflict has reached a resolution, removing a major source of uncertainty that had pressured risk assets. XRP’s rebound has been especially notable because it arrived after sentiment toward the asset had fallen to some of its lowest levels of 2026, creating the conditions for a powerful relief rally once fear began to fade.

The key on‑chain highlight: wallets holding at least 1 million XRP now hold 74.1% of the entire supply. That is a staggering concentration. In the past six months alone, these whales have accumulated an additional 1.53 billion XRP, or +0.39% more coins than they held six months ago.

The Santiment chart attached shows the steady upward trend of the 1M+ XRP wallet supply percentage. The line has been climbing throughout 2025 and 2026, with no sign of distribution. Even as price fell from $1.30 to $1.09, whales kept accumulating.

Traders are also watching Ripple’s expanding institutional payment network and growing tokenization initiatives on the XRP Ledger. Both have helped maintain long‑term confidence despite recent price weakness. Santiment’s conclusion: when improving macro conditions align with steady whale accumulation, sharp recoveries like this can happen quickly.

What This Means for XRP Price

CasiTrades and Santiment are saying the same thing from different angles. The bounce off $1.09 was strong. Whales are still accumulating. The macro backdrop is improving.

But resistance at $1.30 is real. CasiTrades made that clear. Until $1.65 is reclaimed, the possibility of a move toward $0.90 remains valid.

The next 24‑48 hours will be critical. If the XRP price breaks above $1.30 with volume, the target shifts to $1.40‑$1.50. If it rejects $1.30, we could see a pullback toward $1.15‑$1.18 before the next attempt.

For now, the momentum is bullish. But patience remains the key. The market will reveal itself.

FAQs

What is the key resistance level for XRP price right now

$1.30 is the immediate resistance. Above that, the next targets are $1.40‑$1.50. $1.65 is the line that would officially confirm a trend change.

Why is XRP raising

The US‑Iran conflict resolution removed a major source of uncertainty. Combined with extreme bearish sentiment and steady whale accumulation, conditions were ripe for a relief rally.