These XRP price charts hint at a potential 25% relief rally in July
XRP shows signs of a possible 23%–25% relief rally toward $1.39–$1.40 in the coming weeks. Its 20-week EMA is near a bearish cross below the 200-week EMA, and past similar crosses in XRP were followed by rebounds back toward the longer-term average. Weekly RSI is just above the oversold 30 level, suggesting selling pressure may be easing. Liquidation data also points to a strong short-squeeze zone around $1.37–$1.40, with about $236.5 million in short liquidity concentrated there. A long-term bullish view adds that XRP is near historical accumulation levels on RSI and still trading above a major ascending channel support near $0.75. That setup leaves room for another dip before a larger recovery, with some analysts eyeing a long-term target near $8 if the broader pattern repeats.
