{"id":32336,"date":"2026-06-18T12:39:41","date_gmt":"2026-06-18T12:39:41","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-tests-key-trendline-support-as-bullish-divergence-fuels-recovery-hopes\/"},"modified":"2026-06-18T12:39:48","modified_gmt":"2026-06-18T12:39:48","slug":"xrp-tests-key-trendline-support-as-bullish-divergence-fuels-recovery-hopes","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-tests-key-trendline-support-as-bullish-divergence-fuels-recovery-hopes\/","title":{"rendered":"XRP tests key trendline support as bullish divergence fuels recovery hopes"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP has dropped nearly 5% after a Fed-induced risk-off move swept across crypto markets, though traders remain focused on bullish chart signals and a major liquidity cluster near $1.30.<\/p>\n<div id=\"cn-block-summary-block_e2534f49596acd8f4c5eab28e58d232c\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP fell nearly 5% after a hawkish Fed outlook triggered a broad crypto market selloff.<\/li>\n<li>Analysts have identified a bullish divergence and key trendline support near the $1.16-$1.18 zone.<\/li>\n<li>Ripple\u2019s Flutterwave investment and $1 billion revenue target offer fundamental support amid macro uncertainty.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The pullback began shortly after XRP (XRP) failed to break through the $1.25 resistance area. XRP fell nearly 5% in 24 hours to an intraday low of $1.16 on June 18 as heavy spot selling intensified below the recently reclaimed $1.20 level, triggering stop-loss orders and leveraged liquidations.\u00a0<\/p>\n<p>XRP also fell alongside a broader crypto market retreat after the Federal Reserve kept rates unchanged at 3.50%-3.75% while projecting additional tightening risks in 2026.<\/p>\n<p>Despite the decline, XRP has continued to attract attention from market participants looking for signs that the correction may be nearing exhaustion. Several technical indicators, derivatives metrics, and recent Ripple business developments have kept bullish sentiment alive even as macro conditions remain challenging.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">XRP technical structure remains intact above $1.16 support<\/h2>\n<p>The four-hour chart shows XRP pulling back within a descending channel that formed after the token rallied toward $1.29 earlier this month. The asset\u2019s price is currently testing the 23.6% Fibonacci retracement level near $1.165 while holding above an ascending trendline that has supported the market since early June.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">XRP price testing a major ascending trendline support on the 4-hour chart \u2014 June 18 | Source: crypto.news<\/figcaption><\/figure>\n<p>Momentum indicators have weakened but have not yet entered deeply bearish territory. The Relative Strength Index has retreated to around 43, while the MACD histogram remains below zero after a bearish crossover.<\/p>\n<p>A decisive break below $1.16 could expose the June swing low near $1.12, while reclaiming $1.20 would place resistance levels at $1.23, $1.26, and ultimately $1.29 back into focus.<\/p>\n<p>On the daily timeframe, XRP remains below the Supertrend resistance level near $1.26. At the same time, the Aroon indicator shows Aroon Up above 78% and Aroon Down near 14%, suggesting the longer-term trend has not fully shifted in favor of bears despite the recent decline.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"954\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/06\/1781786381_937_XRP-tests-key-trendline-support-as-bullish-divergence-fuels-recovery.webp.webp\" alt=\"XRP daily price chart.\" class=\"wp-image-14468099\"  ><figcaption class=\"wp-element-caption\">XRP daily price chart \u2014 June 17 | Source: crypto.news<\/figcaption><\/figure>\n<p>Several market commentators continue to watch for reversal signals despite XRP\u2019s recent weakness. According to analyst Gerla, the token has flashed a bullish divergence on the three-day chart.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201c$XRP just flashed a bullish divergence on the 3D chart while trading inside a falling wedge. Momentum is turning higher even as price makes lower lows.\u201d<\/p>\n<\/blockquote>\n<p>Gerla <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/CryptoGerla\/status\/2067534649094803698\" target=\"_blank\" rel=\"nofollow\">argued<\/a> that the divergence suggests selling pressure may be losing strength even as XRP continues printing lower lows, raising the possibility of a breakout if buyers can reclaim nearby resistance levels.<\/p>\n<p>Another trader, Nebraskangooner, highlighted a possible accumulation structure forming on the daily chart. Commenting on the setup, the analyst noted that confirmation would require \u201ca break above $1.34,\u201d which remains a key level to monitor for a larger trend reversal.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a> (per request)<\/p>\n<p>Interesting chart\u2026 potential accumulation here. <\/p>\n<p>Would look for confirmation of spring with break above $1.34 \u2013 key level to monitor. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/Vaw5di6Bem\">pic.twitter.com\/Vaw5di6Bem<\/a><\/p>\n<p>\u2014 Nebraskangooner (@Nebraskangooner) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/Nebraskangooner\/status\/2067006480566325479?ref_src=twsrc%5Etfw\">June 16, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Derivatives positioning also reveals significant liquidity concentration above current prices. CoinGlass liquidation heatmaps show one of the largest leverage clusters sitting near $1.30, with additional liquidation pockets extending toward $1.34. Those levels could act as magnets for price if buyers regain control and trigger a short squeeze.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"4080\" height=\"2409\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/06\/1781786381_10_XRP-tests-key-trendline-support-as-bullish-divergence-fuels-recovery.webp.webp\" alt=\"XRP liquidation heatmap.\" class=\"wp-image-14468104\"  ><figcaption class=\"wp-element-caption\">XRP liquidation heatmap | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/pro\/futures\/LiquidationHeatMap?coin=XRP&amp;type=symbol\" target=\"_blank\" rel=\"nofollow\">CoinGlass<\/a><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Ripple business expansion offsets some macro headwinds<\/h2>\n<p>Away from the charts, Ripple has continued expanding its payments ecosystem. Earlier this week, the company acquired an equity stake in African fintech firm Flutterwave in a transaction that valued the payments company at $3.3 billion.<\/p>\n<p>While the deal does not include a commercial partnership, it gives Ripple exposure to one of Africa\u2019s largest payments networks as Flutterwave continues expanding across the region.<\/p>\n<p>Ripple has also raised expectations for its operating business. The company recently said it expects to finish 2026 with a $1 billion revenue run rate, excluding XRP held on its balance sheet. The projection provides investors with another fundamental growth metric beyond XRP price performance.<\/p>\n<p>However, macro conditions continue to remain the primary risk factor for the token. Elevated oil prices, uncertainty surrounding Middle East tensions, and the Federal Reserve\u2019s higher-for-longer policy stance continue to limit risk appetite across speculative assets. Any further deterioration in global market sentiment could pressure XRP alongside the rest of the crypto market.<\/p>\n<p>For bulls, holding the $1.16-$1.18 demand zone remains critical. Losing that support would invalidate the current recovery structure and increase the probability of a deeper move toward $1.12. A rebound above $1.20, however, could place the large liquidation clusters near $1.30 back into play and revive momentum toward the upper boundary of XRP\u2019s recent trading range.<\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP has dropped nearly 5% after a Fed-induced risk-off move swept across crypto markets, though traders remain focused on bullish chart signals and a major liquidity cluster near $1.30. Summary&hellip;<\/p>\n","protected":false},"author":1,"featured_media":31728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-32336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=32336"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32336\/revisions"}],"predecessor-version":[{"id":32337,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32336\/revisions\/32337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/31728"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=32336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=32336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=32336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}