Key Insights: XRP price traded near $1.05 as buyers continued to defend the $1 support zone. The latest XRP price prediction now depends on whether the token canKey Insights: XRP price traded near $1.05 as buyers continued to defend the $1 support zone. The latest XRP price prediction now depends on whether the token can

XRP Price Prediction: Bulls Eye $1.30 Rebound if Buyers Defend This Support

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Key Insights:

  • XRP price trades near $1.05 as buyers defend the $1 support zone after a weak weekly decline.
  • XRPL added 4,941 new wallets in one day, marking its strongest growth spike in three months.
  • Analyst says $1.06 is key support, while $1.27 and $1.35 remain rebound targets.

XRP price traded near $1.05 as buyers continued to defend the $1 support zone. The latest XRP price prediction now depends on whether the token can hold the $1.06 on-chain support area.

Daily charts show early rebound signals, while whale selling still caps confidence. A move above nearby resistance may open a short-term path toward $1.30.

XRP Price Holds Near $1 as Rebound Setup Forms

XRP price has returned to the $1 area after a weak month of trading. Market data showed the token moving between $1.04 and $1.07 over the last 24 hours. The narrow range keeps XRP crypto close to the support that traders have watched since the June decline.

Ali Martinez noted that the Tom DeMark Sequential indicator printed a buy signal on the daily XRP chart. The signal came through a “9” candlestick, which traders often watch for a short relief move.

The chart also showed a Morning Star Doji pattern across the latest three daily sessions. Buyers now need volume to confirm the setup.

XRP Crypto Daily Chart | Source: XXRP Crypto Daily Chart | Source: X

The near-term target sits around $1.30 if XRP crypto holds support and breaks the nearby range. The chart places resistance near $1.27 and $1.35, while $1.10 marks the first area that buyers need to clear.

XRP Crypto Support Becomes Main Line for Buyers

On-chain data from the UTXO Realized Price Distribution chart places $1.06 as a major XRP support floor. The chart shows that more than 830 million XRP changed hands around that price.

Large transaction clusters often act as zones where buyers defend positions. That makes $1.06 central to the current XRP price prediction.

If buyers defend $1.06, the daily buy signal may gain strength. The next upside levels sit near $1.27 and $1.35, based on resistance zones. XRP price still needs stronger spot demand before traders can treat the move as a confirmed recovery.

XRP URPD | Source: XXRP URPD | Source: X

A daily close below $1.06 would weaken the bullish case. The same on-chain chart points to the next volume areas near $0.80, $0.62, and $0.51. The weekly chart also shows price heading toward the mid-range of a long channel. That zone aligns with the $0.70 to $0.80 support area.

XRP Network Growth Rises While Whale Selling Continues

Santiment data showed stronger activity on the XRP Ledger as price stayed near $1. Daily active addresses rose from about 23,000 on June 14 to nearly 39,500 by June 27. The increase shows more wallets interacting with the network during the price pullback.

XRP Active Addresses | Source: XXRP Active Addresses | Source: X

Also, Santiment data showed that the XRP Ledger added 4,941 new wallets in one day. Social sentiment also improved, with 3.7 bullish comments for every bearish comment. That reading reached its highest level in three months.

However, Martinez said large XRP crypto holders distributed more than 30 million XRP over five days. This suggests some major holders used stronger network activity to move funds. Whale distribution can pressure prices when buyers lack enough volume.

XRP now sits between early technical rebound signals and weak broader structure. The token has formed lower highs and lower lows in recent trading. Analysts watching the chart still point to $1 as the key support level. A break below that area could turn support into resistance.

The post XRP Price Prediction: Bulls Eye $1.30 Rebound if Buyers Defend This Support appeared first on The Market Periodical.

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