XRP may be on the verge of a major move, with one final dip expected before a sharp breakout toward the $12 level. According to crypto market analyst Cryptoinsightuk, the asset is approaching a critical structure that could lead to a strong reversal after a brief decline.
In his latest post on YouTube, the analyst identified an ideal zone around $1.89 where XRP might complete a right shoulder formation in a potential reversal pattern. According to him, there is likely a potential drop as low as $1.85, while further downside risks include a further drop to as low as 1.73 or even 1.55.
Nevertheless, he underlined that the latter figures are not the ones he is hoping to see mainly. Cryptoinsightuk elaborated that the volume patterns, liquidity areas, and general setup of XRP have shown that it is close to the end of the current corrective phase.
He views this period as the last opportunity to pile up before a new rally starts. By the time he made his analysis, XRP was slightly higher than $2 after having fallen below the target earlier.
$XRP Path To $11.00
We’ve seen a flush, is it over? What comes next?https://t.co/aAXhWU6ncI pic.twitter.com/lvMkVrPbpG
— Cryptoinsightuk (@Cryptoinsightuk) June 23, 2025
Also Read: 5.5 Billion XRP on The Move – Here’s What’s Happening
Broader Market Signals a Shared Pattern Across Major Assets
The analyst linked XRP’s current movement to trends seen in Bitcoin and Ethereum, both of which are also undergoing a similar corrective structure. Bitcoin briefly rebounded from $98,200, but Cryptoinsightuk believes the actual reversal zone lies between $92,000 and $95,000.
He pointed to similarities between past RSI behavior and price structure to support this view.
In the case of Ethereum, he indicated that there is a possibility of a fall to about $1,996 and then a rise to another leg. Viewed from his perspective, the drop in liquidity beyond its present status will portend a probable washout of longs before the market settles down and starts advancing.
This trend is similar to that of XRP, which has a surge of liquidity forecasted before a runaway increase.
The analyst confirmed that he has been continuously stockpiling XRP in the ongoing downtrend. He is confident that when XRP undergoes a dip of 5-10 percent, it will be the start of a strong rally strategy.
His primary target zone is within the range of $11- $12, though he attributed the range of his peers to be between the range of $8 and $13.
Cryptoinsightuk also noted that buying spots and climbing with open interest during the XRP decline contributed to his optimistic predictions. According to him, if Bitcoin’s dominance is weakened, an altcoin season will follow, which will have a positive effect on the movement of XRP.
Conclusion
With one more potential dip on the horizon, XRP is nearing the end of its correction. Analysts now await confirmation of a bottom that could open the door to a rally toward the projected $12 mark.
Also Read: Here Are 3 Important Details to Observe in XRP Price Today
