XRP has faced sustained downward pressure recently, slipping below critical support levels amid broader cryptocurrency market consolidation. The token hovered around $1.08 following a near 2% decline over 24 hours and shed about 10% over the past week, underperforming alongside major altcoins.
However, Elon Musk’s Grok AI model projects a significant XRP price rally before the end of 2026, contingent upon several factors. The AI highlights the importance of Bitcoin regaining strong support, which tends to restore liquidity to altcoins like XRP. Additionally, policy developments, notably the progress of the CLARITY Act, expanding XRP institutional adoption, and growing interest in XRP-based ETFs provide a backdrop favorable to a potential rebound.
According to Grok AI’s bullish scenario, XRP could spike to between $1.55 and $1.80 within the next month if market sentiment turns positive. The optimistic base case anticipates XRP reaching around $1.55 to $1.75 by early July. Conversely, setbacks such as renewed Bitcoin volatility or regulatory delays could trap XRP near the $1.00 to $1.05 support range in the short term. Traders continue to monitor volume trends and policy developments closely to assess momentum.
Recent on-chain data indicate growing investor appetite for XRP spot ETFs. Largest daily inflows hit a two-week peak, with Bitwise’s XRP ETF accounting for the entire recent inflow of 5.31 million dollars. This surge coincided with XRP’s Japanese stablecoin, RLUSD, receiving official listing, and the XRPL lending protocol successfully passing a security audit. Network voting on software amendments also signals ongoing technical progress within the XRP ecosystem.
Technical indicators remain mixed. XRP has struggled to reclaim the $1.10 support zone decisively. A break above this level could open the path toward $1.15 and potentially $1.20 if bullish momentum strengthens. However, bearish signals persist, as the Relative Strength Index (RSI) remains low at 31, and the Moving Average Convergence Divergence (MACD) line continues below its signal, showing that selling pressure has not yet abated. Falling below $1.09 could trigger further declines toward $1.05 and psychological support at $1.00.