What to know:
- ChartNerd identified two failed XRP rallies following November’s EMA death cross.
- Cryptollica highlighted a rare monthly RSI reset seen historically.
- The analyst warned that June weakness could trigger a sweep toward lower levels.
Crypto analyst ChartNerd has warned that XRP could experience a deeper sweep in June as the asset continues to struggle below key technical resistance levels. According to the analyst, recent price action is already displaying signs of weakness, with repeated EMA rejections and declining rally strength reinforcing the broader bearish structure that has been in place since late 2025.
Two EMA Rejections Strengthen Bearish Outlook
ChartNerd highlighted two countertrend rallies that have failed since the 5-day 20/50 EMA death cross appeared in November 2025, noting that both advances ended at important resistance levels and allowed the broader downtrend to remain intact.
The first rally pushed XRP toward $2.40 in January before the asset declined to approximately $1.11, with the recovery attempt stalling at the 50 EMA, which continued to act as a major barrier for buyers.
Several months later, XRP mounted another rebound, but the move lost momentum near $1.54 in May after encountering resistance at the 20 EMA, a rejection that ChartNerd said confirmed another lower high and reinforced the weakness already visible across higher timeframes.
Additionally, the analyst argued that the latest rally carried less strength than the January advance because XRP failed to challenge the previous resistance level, leaving the chart reflective of a market still struggling to regain upward momentum.
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Meanwhile, ChartNerd responded to growing interest in a popular XRP fractal shared by market commentator Cryptollica, whose chart points to a monthly RSI reset zone that has appeared only four times throughout XRP’s trading history.
Cryptollica noted that previous visits to this zone occurred near major cycle reset periods and were later followed by substantial recoveries, leading many investors to cite the fractal as evidence that XRP may be approaching an important long-term opportunity.
However, ChartNerd cautioned that long-term bullish indicators do not remove the risk of further downside in the near term, adding that many traders acknowledge the RSI setup while overlooking the weakness currently visible on the price chart.
Analyst Identifies Key June Price Risks
ChartNerd stated that a relief rally toward the $1.50 to $1.80 range remains possible during June. Nevertheless, he expects weakness to deepen as the month progresses. He noted that the market is already showing signs of deterioration, only 2 days into June. He added that a sweep into the low $1.20 region remains a likely scenario if selling pressure continues.
Moreover, ChartNerd continues to leave room for XRP to revisit the $0.90 or even $0.70 levels before establishing a more meaningful long-term bottom. Those targets remain linked to the bearish structure that has persisted since late 2025.
XRP remains caught between a historically significant RSI signal and a price structure that continues to produce lower highs. While a short-term recovery remains possible, ChartNerd warned that current market conditions still support the possibility of a deeper sweep before a larger reversal develops.
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