June has been rough for Ripple’s XRP. It started the month at $1.3038, then slipped under macro pressure in the first week and spent most of the month just trying to hold support. Things got choppy around mid-month.
A short-lived rally came and went, and sellers took back control. By June 23, the XRP price had dropped to about $1.10, down roughly 4% today.
But look underneath the surface, and a different story shows up. On-chain data shows whales have been buying heavy in the $1.05 to $1.10 range.
Big players keep stepping in to absorb selling every time it hits that zone. Add in better regulatory news and growing ETF demand, and some analysts think XRP could be gearing up for a bounce before the month ends.
What you'll learn 👉
What the XRP Chart Is Showing
We pulled up the chart. The short-term picture is still down. Price has been making lower highs and lower lows all through June, and the latest move has pushed XRP back toward that $1.09–$1.10 support zone.
That area matters because it lines up with the whale accumulation range we can see in the on-chain data.
Momentum indicators are also showing weakness. The stochastic oscillator has fallen into oversold territory, with readings near 5 and 12, indicating selling pressure remains dominant.
The RSI has dropped to 29.6, placing the XRP price close to deeply oversold conditions that traders often monitor for potential reversals.
News Pushing Ripple’s XRP
One of the biggest developments this week came from Europe. Ripple received a preliminary Green Light Letter from Luxembourg’s financial regulator as part of the MiCA licensing process.
If finalized, Ripple would be able to offer regulated crypto payment services across all 30 countries within the European Economic Area through a single regulatory framework. For the XRP price, this strengthens the institutional adoption narrative at a time when regulatory clarity remains a key concern for investors.
Institutional demand is also showing up through exchange-traded products. Bitwise CEO Hunter Horsley revealed that the firm’s XRP investment products have attracted more than $200 million in inflows so far this year. The figure follows a record May in which XRP-focused products brought in $131.94 million, exceeding the combined flows into Bitcoin and Ethereum products during the same period.
Technical analysts are also watching a rare setup. XRP’s weekly RSI is closing in on 30. That has not happened in over ten years. In the past, when it got this oversold, it usually led to a strong bounce. Analysts think a run back to $1.40 could force short sellers to cover, which would add more gas to any recovery.
Related XRP News: Crypto Price Prediction for Today, June 23: Ethereum (ETH), XRP, and Tron (TRX)
What Claude Expects From XRP Price Before June Ends
Claude AI outlined three possible outcomes for the XRP price before the end of June.
Its bullish scenario targets a move between $1.38 and $1.42. The model says MiCA progress, over $200 million in ETF inflows, and a very oversold weekly RSI could set up a short squeeze if buyers step in. In that case, XRP holds the $1.09 floor, takes back the MA7 at $1.3223, and runs toward $1.40.
The base case is more grounded. Claude expects XRP to end June between $1.20 and $1.28. He points to whales still buying around $1.05–$1.10 and gradual spot demand. He sees this as the most likely outcome, XRP recovers from oversold conditions but cannot break major resistance before the month ends.
The bearish case puts XRP between $0.95 and $1.00. Claude says a broader market selloff, more Fed hawkishness, or Bitcoin weakness could overpower whale support near $1.09. A break below $1.00 would open the door to the next major support around $0.95.
For now, Claude’s most probable path is still $1.20 to $1.28. Whether XRP beats that forecast probably depends on whether institutional demand and regulatory progress can outweigh the broader weakness still hanging over crypto.
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