XRP is holding just above a key neckline support on its 12-hour chart, but a head-and-shoulders pattern keeps the setup bearish and points to a potential move toward $0.96. According to BeInCrypto, long-term holders (155+ days) increased net positions from about 258.95 million XRP on June 19 to roughly 264.25 million by June 21, suggesting dip-buying near current levels.
BeInCrypto cites cost-basis data showing about 56.2 million XRP last bought near the current level, while the next zone at $1.10–$1.11 holds only about 24.6 million XRP. A clean break below the neckline and $1.10 could open $1.04, then $0.96, with $0.89 below; bulls need a reclaim of $1.14 and $1.17, and a move above $1.29 to negate the bearish view.
XRP Head-and-Shoulders Pattern Signals Risk of Drop Toward $0.96
2026-06-22 09:21:34
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