XRP could face another leg lower in June, according to crypto analyst ChartNerd, who said the token is already showing signs of weakness under key resistance. If selling pressure holds, he sees a sweep into the low $1.20 region as a likely outcome, while deeper downside toward $0.90 or even $0.70 remains part of the broader bearish structure.
Failed rebounds keep the bearish chart intact
ChartNerd said XRP has produced two countertrend rallies since the 5-day 20/50 EMA death cross that appeared in November 2025, and both moves failed at important resistance points. In his view, neither rebound was strong enough to break the larger downtrend.
The first rally carried XRP to about $2.40 in January before the asset fell to roughly $1.11. The recovery then stalled at the 50 EMA, which continued to cap upside attempts. Months later, XRP tried to rebound again, but momentum faded near $1.54 in May after meeting resistance at the 20 EMA. ChartNerd said that rejection confirmed another lower high on the chart. He also argued that the latest bounce was weaker than the January move because price did not even retest the earlier resistance zone.
Monthly RSI reset draws attention, but price remains weak
Part of the current debate comes from a fractal shared by market commentator Cryptollica. That chart points to a monthly RSI reset area that has appeared only four times in XRP's trading history. Cryptollica said earlier visits to that zone came near major cycle reset periods and were later followed by notable recoveries, which is why some traders see it as a possible long-term opportunity.
ChartNerd took a more cautious view. He said a bullish long-term RSI signal does not remove the risk of near-term downside, and he argued that many traders are focusing on the oscillator while ignoring the weakness still visible on the price chart. For him, the bigger issue is unchanged: XRP is still printing lower highs across higher time frames.
June may bring a bounce first, then renewed downside pressure
For the near term, ChartNerd said XRP could still stage a relief rally into the $1.50 to $1.80 range during June. But he expects weakness to deepen as the month goes on. He added that the market was already showing deterioration just 2 days into June.
Under that setup, a sweep into the low $1.20 area stays on the table if sellers keep control. He also continues to allow for a revisit of $0.90 or even $0.70 before a more meaningful long-term bottom is formed. XRP is now caught between a rare monthly RSI signal and a price structure that still favors the bears.