XRP Tests Major Macro Support As Bulls And Bears Battle For Control

XRP is testing a major macro support level that could play a decisive role in shaping its next trend. With momentum hanging in the balance, a strong rebound could signal the start of a recovery, while weakness may leave the door open for deeper losses. 

XRP Finds Strong Footing At Critical 0.786 Fibonacci Support

In a recent market evaluation, crypto analyst CasiTrades noted that XRP has reached its major 0.786 macro support level, currently trading at $1.09 on Coinbase. The daily timeframe currently confirms the validity of this support, as the price action has respected this critical technical marker so far.

The immediate focus for traders now shifts toward how the market reacts to this placement. CasiTrades identifies $1.19 and $1.27 as the primary resistance levels to monitor. As long as the asset is capped by these levels, the broader correction remains active, leaving the door open for a potential decline toward the $0.90 support zone at the 0.854 fib level.

Conversely, a shift in market sentiment could render the bearish outlook invalid. If XRP demonstrates genuine buying pressure and succeeds in breaking through the established resistances, it would suggest that the market is forming a new trend rather than consolidating for another downward wave. 

Ultimately, this is one of the most pivotal moments of the entire correction phase. With the major support level officially tested and reached, the next few days will be essential to determining the long-term direction of the asset. 

XRP Enters A Critical Macro Decision Zone

According to market analyst EGRAG CRYPTO, XRP is currently positioned exactly within a critical macro decision zone. The path forward is defined by specific technical thresholds that require sustained strength to validate a trend. 

Specifically, a monthly body candle close above $1.40 would suggest that the bottom was firmly established at $1.05, while reclaiming the $1.61–$1.65 range would signify the official start of a bullish recovery. A definitive break above $1.70 would provide even stronger confirmation of this momentum shift.

If the price can successfully hold its ground, a double-bottom formation becomes a distinct possibility, setting the stage for a more robust rally. However, if XRP fails to hold this support and loses its current momentum, the technical setup warns that a retest of the $0.80 level is highly likely.

While the upside potential remains contingent on breaking through those key resistance hurdles, the downside risk remains active if the current support falters. Traders should remain cautious, as the resolution of this macro decision zone will dictate whether the asset initiates a new bullish cycle or enters a deeper retracement.

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This Bitcoin Chart Shows What To Expect For The Next 3 Months After Major Decision Point

Technical analysis of Bitcoin’s price action on the daily candlestick timeframe places the cryptocurrency around the same resistance region where previous relief rallies have failed, turning the current price area into a major decision point for the next phase of the market. At the time of writing, Bitcoin is trading around $62,950, and bulls are trying to stabilize above $60,000 after a recent few days of heavy selling pressure.

On-chain analyst VoidOnChain has laid out a precise roadmap that maps the path from current price action, but the roadmap does not promise an immediate recovery.

Bitcoin Returns To The Zone Where Relief Rallies Keep Failing

The Bitcoin daily chart reveals a pattern of diminishing relief rallies, each one failing at a lower high. Looking at the earlier structure on the chart below, BTC moved through an ascending channel, pushed into a sell zone in late 2025, and then broke down. 

The current setup shows a similar sequence, with Bitcoin already rejected from the bull trap level around $82,000 in May 2026 before sliding into the lower range. Since then, Bitcoin has been trending downwards and has broken the lower trendline of the channel. 

Daily candlesticks since the breakdown have been fully bearish engulfing, and this has caused the Bitcoin price to approach a buy zone below $50,000 that acted as a buy zone in 2023. Interestingly, the roadmap laid out in the chart, as shown below, begins with Bitcoin breaking below $60,000 before a move to the buy zone around $53,000 and then $47,000.

What To Expect For The Next Three Months

The analyst’s near-term outlook carries a specific sequence: $60,000 as an immediate target, $53,000 as the next key level expected as early as next week, and a deeper flush to $47,000 by July that establishes the ultimate low. This move corresponds to a C wave on the chart, the same as the C wave that played out from January to early February 2026.

Once the corrective structure completes, VoidOnChain’s roadmap projects a recovery to $87,000 initially, followed by an extension to $151,000 by January 2027. 

The Bitcoin market is currently split between fear and buying by some savvy traders. Bears controlled the market over the weekend, but selling pressure has started to ease during the week. 

Strategy also added to the accumulation narrative after announcing a $101.3 million Bitcoin purchase between June 1 and June 7, acquiring 1,550 BTC at an average price of $65,333. The purchase helped calm some concerns that followed Strategy’s earlier Bitcoin sale, which had weighed on market sentiment. Still, many crypto analysts believe Bitcoin has yet to deliver a clear bullish confirmation, and Bitcoin might undergo another crash to an accumulation zone.

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XRP May Reach $10 By 2027—But Bearish Conditions Could Push It Below $1, Expert Says

In a new report, market expert Sam Daodu laid out three tentative scenarios for where XRP could be heading in 2027. His projections are built around several moving parts: the CLARITY Act, the XRP Ledger (XRPL), and exchange-traded funds (ETFs). 

Conservative XRP Outlook

Under Daodu’s most conservative outlook, XRP could trade between $3 and $5 by 2027. This range assumes that the CLARITY Act moves forward and that demand for XRP through ETFs grows at a steady pace rather than in dramatic bursts. 

Daodu argues that this “unflashy” kind of progress would be enough to pull XRP back toward its earlier peak levels in under two years, without requiring a major, sudden breakout. 

In this scenario, Standard Chartered’s $7 XRP target for 2027 sits near the optimistic end, but the $3 to $5 outcome is presented as the best fit for current conditions if nothing destabilizes the market.

A more bullish case pushes XRP higher, with a forecast range of $7 to $10. For XRP to reach that upper band, the demand question would need to turn decisively in XRP’s favor. 

From Infrastructure To Demand

Daodu’s report points to a key catalyst: banks may need to start holding and settling in XRP itself, not just relying on stablecoins that use the XRPL network. He also notes that ETF inflows would likely have to accelerate beyond early expectations and reaching a level of “several billion dollars.” 

If both usage and buying pressure strengthen at the same time, Daodu suggests that XRP would have the combination of utility and market demand required to clear its prior highs and sustain the momentum afterward.

That bullish pathway is also where Bitwise’s more optimistic prediction comes into view. Bitwise’s outlook places XRP in the $9 to $10 area, aligning closely with the idea that 2027 could be the year the altcoin finally catches up to the value implied by its infrastructure. 

In Daodu’s framing, this would be the version of events where adoption and capital inflows reinforce each other—turning what is currently more infrastructure-led into a fuller demand-driven cycle.

A Real Chance Of Breaking Below $1

Daodu also outlines a downside scenario, where XRP trades below $1.50 by 2027. In his analysis, the negative path depends less on technology and more on whether sentiment stays weak for longer than the market can easily absorb. 

A key risk factor is the possibility that the CLARITY Act stalls past August’s recess. At the same time, broader market conditions could keep pressure on risk assets. Finally, Ripple’s monthly supply pattern is described as steady, meaning it may not provide fresh demand catalysts on its own if buyers remain cautious.

In that bearish scenario, Daodu expects XRP to spend most of 2027 somewhere between $1 and $1.50. He also notes that there is a realistic chance XRP could lose the $1 level if selling intensity continues rather than fading. 

However, the market may not have to wait until 2027 to see sub-$1 levels for the altcoin, as it is currently trading at around $1.12. This is a recovery from the drop to $1.05 over the weekend, but there are still concerns that this key support level could be broken in the near term. 

Featured image created with OpenArt; chart from TradingView.com 

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Arthur Hayes Warns AI Stock Crash Could Hit Crypto Before BTC Rebounds

Arthur Hayes has turned sharply defensive on risk assets, warning that an AI stock-market unwind could spill into crypto before Bitcoin eventually benefits from the liquidity response that follows. In his June 9 essay “Reality Test,” the BitMEX co-founder said Maelstrom has cut several crypto positions while keeping Bitcoin and Ether as core holdings.

Hayes’ argument starts outside crypto, with oil. He frames the US-Iran conflict and reduced Strait of Hormuz traffic as the central macro variable for markets, arguing that higher hydrocarbon prices could feed inflation, constrain US political options and pressure the AI trade that has dominated capital allocation since late 2022.

“We start with oil and end with an election in Pax Americana,” Hayes wrote. “This story arc could produce a situation whereby the AI stock bubble pops and takes the entire crypto complex down with it. When the dust settles, then and only then, can Bitcoin rise from the ashes.”

Hayes Turns Bearish On Crypto And Risk Assets

The core of Hayes’ thesis is that AI has absorbed the dollar liquidity that, in previous cycles, might have flowed more directly into Bitcoin and crypto. He notes that Bitcoin rose from around $15,000 after the FTX collapse to roughly $125,000 by October 2025, but says AI equities still outperformed, led by Nvidia’s 11x move over the same period. Since Bitcoin’s all-time high, he says BTC is down 50%, while Nvidia has still risen about 10%.

Hayes argues this divergence reflects where new fiat liquidity actually went. By his estimate, AI-related companies issued roughly $1.5 trillion of debt since November 2022, matching the $1.5 trillion increase in M2 over the same period. He adds that $1.3 trillion of that AI debt issuance occurred from 2025 onward, just as Bitcoin’s rally stalled.

“AI sucked up all created dollars,” Hayes wrote. “Bitcoin never had a chance.”

That is why, in his view, an AI correction would not immediately be bullish for crypto. Hayes expects a sharp drawdown in AI stocks to damage bank lending, tighten credit and destroy speculative capital before policymakers respond with fresh liquidity.

“Bitcoin cannot rally in the short term if the entire world takes serious losses from the deflation of the AI bubble globally. Eventually, it will bottom, then rise as Bitcoin forecasts an increase in liquidity to put Humpty Dumpty back together again. But right now, it’s about protecting one’s crypto capital.”

Hayes identifies three potential catalysts for the AI bubble to break: higher energy costs, supply pressure from major AI-linked IPOs, and anti-AI rhetoric from Donald Trump as election politics intensify. He argues that rising oil and natural gas prices directly raise the cost of producing AI tokens, compressing margins for model companies such as Google, Anthropic and OpenAI. If usage growth slows and earnings assumptions weaken, he says the market could begin questioning future data-center capex.

The IPO calendar is another pressure point. Hayes says SpaceX, Anthropic and OpenAI could test the market’s ability to absorb enormous supply at elevated valuations. He focuses in particular on SpaceX, writing that its S-1 implies investors would pay roughly 100x sales, with only 4% to 5% of shares floated initially. He says SpaceX would immediately become a $1.8 trillion company, ranking seventh globally by market cap, while its float could increase fivefold by early September.

Hayes also sees the Federal Reserve as unlikely to rescue risk assets immediately. He says the two-year Treasury yield trading more than 0.5 percentage points above the effective fed funds rate implies the market is pricing pressure for tighter policy, not cuts, ahead of the June 16-17 meeting. A “hawkish hold,” in his view, would add another headwind to AI equities and crypto.

The portfolio response has already started. Hayes said Maelstrom has moved long US-listed energy producers and exited several non-core crypto positions. “I dumped HYPE, NEAR, and WLD last week,” he wrote. “I also dumped ZEC because of the Orchard Pool bug. I wish I didn’t have to do that, but capital preservation is more important than capital appreciation.”

Bitcoin and Ether remain. Hayes described Ether as “dead but functional,” saying he has no immediate reason to liquidate it. For Bitcoin, his base case is more volatile: a near-term drawdown if the AI bubble bursts, followed by a stronger rebound once the financial system requires another major liquidity injection.

At press time, BTC traded at $62,638.

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Bitcoin Bottom Prediction: Top Analyst Says It’s Close—What Price Comes Next?

Monday’s Bitcoin (BTC) rebound—pushing back above the $63,00 area—has revived a major question: was last Friday’s drop to $59,000 the bottom for BTC? 

Seeking to answer that, market analyst Ali Martinez released a new technical note on X (formerly Twitter), arguing that Bitcoin appears poised to reach a market bottom while a “major macro accumulation cycle” begins to form.

Why The Sell-off Could Signal A Bottom

In Martinez’s view, BTC’s decline to its lowest level since 2024 served as an important cleansing function for the market—effectively shaking out “overleveraged premiums” across the board. 

That type of flush, Martinez argues, is often what makes bottoms possible: it removes leverage stress and forces late and speculative positions to unwind.

A central part of his explanation is the role of long-term holders. Martinez claims that long-term investors distributed more than $3.25 billion worth of spot Bitcoin during the downswing. 

He says this distributed supply temporarily raised exchange reserves, which can translate into increased potential selling pressure as coins move closer to trading venues. 

Supporting that point, Martinez also cites data indicating that over 54,000 BTC have moved onto trading platforms over the past two weeks, which he frames as a further contributor to the selling dynamic.

Next Bitcoin Targets

Even with Monday’s recovery, Martinez emphasizes what happened at the downside. He points out that following the move down to $59,000, more than 10.46 million BTC are currently held at a loss. 

In his technical framework, that’s a key threshold to watch. Martinez notes that historically, when the “supply-in-loss” metric crosses the extreme 10 million BTC level, it has helped time macro bottoms with notable accuracy.

From there, Martinez turns to the MVRV Pricing Bands, which he describes as offering “geometric targets” for where Bitcoin accumulation windows tend to mature. 

According to his post, the most reliable accumulation periods historically occur when Bitcoin settles within the 1.0 to 0.8 MVRV bands. Martinez says those bands align with two specific target areas: approximately $53,900 and $43,150. 

In other words, if the bottom is indeed approaching or forming now, he suggests the market may gravitate toward those zones as the next stages in a broader consolidation-and-accumulation process.

Featured image created with OpenArt; chart from TradingView.com 

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XRP’s Face-Melting Phase: The Numbers Say Price Is Headed Above $10

XRP’s price action has come under heavy pressure in recent days alongside the rest of the market, falling back into a major support region around $1.10 with sellers still controlling short-term momentum. 

The decline has placed XRP directly inside a notable zone on the monthly candlestick long-term chart. Particularly, technical analysis done by crypto analyst EGRAG CRYPTO indicates that XRP may still face one more liquidity sweep before a much larger move above $10.

XRP In Face-Melting Phase

EGRAG’s analysis is based on the monthly candlestick timeframe chart depicting XRP’s behavior around the 50-month and 100-month exponential moving averages. According to the analyst, XRP has shown a recurring pattern on higher time frames whenever it loses the 50 EMA decisively. The breakdown is usually followed by weak momentum, emotional selling, and a final liquidity sweep into the 100 EMA before the next rally kicks off again.

That model is important because XRP’s current monthly candle has already opened the current weekly candlestick below the 50 EMA, placing the price action in a fragile position. This positions XRP in a face-melting phase where it has a possibility of falling to the 100 EMA, while the market continues searching for its true macro bottom. The analyst’s projected path leaves room for more downside first, with the chart pointing to a possible crash below $1.

However, one of the more counterintuitive dimensions of EGRAG CRYPTO’s analysis is what he does while anticipating further downside. Rather than waiting for a confirmed reversal, the analyst is actively building a position across a range of entry prices at $1.09, $0.92, $0.85, and even $0.70, treating each level as a probability zone.

The Numbers Say XRP Is Headed Above $10

Another interesting part of the analysis is not the possible move lower, but the upside numbers that follow it. EGRAG’s chart shows a major recovery path out of the current support range and into a break above the current cycle high at $3.65. The projections show upside levels highlighted at $9, $13, $17, $20, and $27. 

EGRAG’s point is that the exact bottom may matter less if XRP eventually reaches these projected bullish targets. Risk management matters more than catching the exact bottom, and his example compares entries at $1.09, $0.92, $0.85, or $0.70 with upside targets at $7, $8, $13, and mid-double-digit prices. Entering at those low prices will not matter when XRP reaches those high targets.

At the time of writing, XRP is trading at $1.14, down by 12% in the past seven days. A move from the current $1.14 price to $10 would require a rally of about 777%. A climb to $13 would represent a gain of more than 1,040%. Lastly, a rally to the $27 level on the chart would require XRP to rise by more than 2,260% from the current range.

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Ripple Partner Bank of America Unveils Global Payments Expansion Strategy

Bank of America is expanding its global payments strategy with a renewed focus on enhancing cross-border transaction capabilities, highlighting the growing importance of efficient international money movement in modern finance. Being one of the world’s largest financial institutions and a company frequently associated with discussions surrounding Ripple and payment innovation, Bank of America’s latest initiative underscores the continued evolution of global settlement infrastructure.

Ripple Gains Institutional Momentum Through Major Banking Alliance

Ripple partner Bank of America is preparing to launch a new cross-border payments service that incorporates SWIFT. An analyst known as SMQKE on X noted that rather than replacing legacy systems outright, banks are increasingly adopting hybrid payment models that use both Ripple and SWIFT for global transactions. This dual-framework approach is practical for banks because RippleNet can integrate into existing banking infrastructure just like a traditional payment system.

SMQKE argues that this Ripple’s partnership with Bank of America can create a pathway for XRP to access the bank’s extensive global payment network. As a result of that move, banks can maintain SWIFT connectivity for global reach while leveraging XRP through RippleNet as a source of on-demand liquidity.

However, Bank of America’s new cross-border real-time payment service in this hybrid model will further strengthen the foundation for XRP integration into the bank’s core payment infrastructure.

Institutional Compliance Remains A Key Advantage For XRP Ledger

The claim that XRP is unstable for tokenization is technically unfounded. Crypto analyst CharuSan has pointed out that with its institutional-grade compliance features, built-in security architecture, and deep liquidity capabilities, the XRP Ledger stands out as one of the most suitable and secure networks for tokenization in the current market.

Unlike the Ethereum network, where external smart contract codes, such as ERC-20, must be written to tokenize an asset. In XRPL, the tokenization process is embedded directly into the core code of the network’s Native Issued Assets. This eliminates the need to custom smart contract code, which is often a major source of vulnerabilities, exploits, and cyberattacks.

According to CharuSan, by embedding tokenization at the protocol level, XRPL enables real-world assets like real estate, stocks, and bonds to be issued and transferred securely within seconds, without exposing institutions to smart contract risk.

Additionally, regulatory compliance remains a critical requirement for institutional adoption. Wall Street and institutional banks must enforce strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations standards, including control over who can hold tokenized assets. XRPL addresses this natively by allowing issuers to restrict access and freeze suspicious accounts when necessary, to ensure that only authorized participants can receive this token at the protocol level.

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