XRP Price Prediction for June: Key Levels to Watch as Technicals Flash 2017 Bull Signs

XRP price struggles to hold above key support levels as the crypto market bleeds after intense weekend volatility due to Bitcoin’s crash. Despite recent correction, the token still follows a 2017 bull pattern where the price cooled off before a bullish breakout to the upside. Will history rhyme, allowing XRP price to recover, or will the token continue its descent?

XRP trades at $2.16 at press time with a slight 0.2% decline as daily trading volumes reached $1.87 billion. Ripple could be poised for more volatility in the next two weeks as Coinbase plans to launch XRP futures that will increase speculative bets on XRP.

XRP Price Mirrors 2017 Pattern as Triangle Breakout Nears

XRP price seems to be following a 2017 bull pattern that catalyzed a 1,000%+ bull rally. If history rhymes, then the token is set for some massive gains.

Key Characteristics of XRP’s 2017 Price Fractal

• XRP price slipped into a triangle consolidation pattern after rallying more than 1000% from $0.03 to $0.39 in May 2017.  During this phase of the 2017 crypto bull run, Bitcoin price reached a historic high of $20,000 per BTC.
• The symmetrical triangle consolidation lasted for more than six months before a bullish breakout.
• The resulting rally propelled XRP price up by 1,300% to $3.31.

XRP’s 2025 price action mirrors the 2017 rally-consolidation-rally pattern.

• The explosive move in this case is 370%, which commenced in Q4 2024 and pushed XRP price from $0.49 to $2.34 in under four weeks.
• This uptrend enabled XRP to establish a new all-time high (ATH) of $3.40 in January 2025.
• Following this historic achievement, the token has been trading in tight consolidation, producing lower highs and higher lows, aka, a symmetrical triangle.

Another interesting observation is the RSI momentum indicator. It shows a similar ‘retest-and-hold’ of the 50 mean level as it did in 2017 during the symmetrical triangle price consolidation phase. Since the RSI hasn’t produced a decisive breakdown of this level, it adds credence to the 2017 fractal-based forecast for XRP price.

Meanwhile, the ADX line shows that the trend within the triangle consolidation is weak, and if this indicator starts rising again due to bullish news such as the XRP Las Vegas event, it may coincide with a bullish breakout.

If history rhymes, a breakout from this pattern could trigger a massive rally for the XRP price. This rally could comprise a 569% price rally, similar to the one that occurred in Q4 2024, which will push the price to $15.

However, it is important to note that the above bullish prediction for XRP price may be invalidated if it makes a downward breakout from the triangle consolidation. This could happen after a recent CoinGape analysis identified XRP’s head and shoulders pattern on the daily chart, signalling a potential resumption of bearish trends.

Key Levels to Watch

For the XRP price to break out of the current bearish trends and kickstart a massive bull run, as the 2017 pattern shows, it first needs to overcome resistance at the PoC line at $2.33, where buy-side and sell-side volumes were previously high. If the price flips this level, the market structure could flip the market structure to bullish and aid an uptrend to $2.66.

Overcoming resistance at $2.33 and surging past $2.66 may push Ripple’s price past $3 to the 161.8% Fibonacci level of $3.30. Conversely, if a downtrend ensues and the price loses support at $1.86, the XRP price may plunge to $1.61.

To summarize, XRP price shows signs of repeating the 2017 bull pattern that kickstarted a rally of more than 1,300% within a few weeks. However, bearish trends remain dominant as Ripple’s price shed more than 7% in value within seven days as bearish trends across the broader market prevail.