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>>Is the current pullback in Wave B a signal that XRP prices are poised for an upward surge?

Is the current pullback in Wave B a signal that XRP prices are poised for an upward surge?

crypthub

6/10/2026, 7:30:24 AM

Potential Cycle Bottom and Support Levels

XRP may be at a critical turning point, with recent price action suggesting a potential local bottom. The coin has bounced back above the vital $1.12 support, which aligns with the 0.5 Fibonacci retracement. Analysts note that this support area is currently the immediate battleground for the market. If buyers maintain this defense, it suggests the recent selloff may be nearing its end.

Key Resistance and Bullish Indicators

The $1.25 zone represents the next major directional hurdle for XRP. A clean breakout above $1.25 signals strengthening bullish momentum and increased confidence in a reversal. For the uptrend to gain strong footing, XRP must overcome this resistance with conviction. Continued validation would involve pushing beyond $1.30, suggesting a major upward trend is forming.

Risk Assessment and Future Scenarios

The bearish scenario remains possible if sellers reclaim control near $1.25. A failure to hold $1.12 could trigger a fall back to the crucial $1.09 support. Should that level fail, a final capitulation move toward $0.90 remains a risk. Overall, XRP’s ability to defend $1.12 and exceed $1.25 will determine its next major trajectory.