XRP’s recovery to $1.50 in recent days has given the bulls something to work with, but one analyst warns that the market perhaps celebrated too early.
Recent price data shows that XRP rose in the mid-$1.50s and was as high as $1.60 this week before its momentum cooled again. However, a crypto analyst who goes by the name Guy on the Earth on the social media platform
The push to $1.50 gave Bulls a case
The move that had been XRP bulls waiting for arrived this week. XRP price rose from a low below $1.40, broke above $1.50 and briefly touched $1.60, a level of greater resistance, before retreating back below $1.50. At the time of writing, XRP is now trading at $1.46, showing that the breakout attempt has not yet been fully completed. escaped the selling pressure in the neighborhood.
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Interestingly enough, that sequence wasn’t a surprise to some, and it fits the situation closely with a response to X by crypto analyst Guy on the Earth. According to the analyst, the price rises to $1.50 was expected, given that the XRP price had held range lows before breaking out. The important question now is whether $1.50 will hold up or fail the retest. Hold above $1.50 and the next upside levels are in sight.
The daily candlestick time chart shared by the analyst shows that XRP is still trading in a bearish structure as of July 2025. XRP price has yet to break above the upper bound of that larger downtrend channel, meaning the latest rally has improved the short-term picture without fully restoring the broader picture. As it stands now, XRP could even approach the channel’s lower trendline if it fails to break and hold above $1.50.
A roadmap with associated conditions
The analyst also laid out a precise set of targets based on how the XRP price behaves at the $1.50 level. Should the price stay above $1.50 in the coming days, $1.65, $1.80 and $1.96 are the next upside targets in a row.
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However, lose $1.50 and the picture changes. The analyst characterizes such an outcome as a fakeout, with $1.34 as the next expected destination. If that level does not provide support, then $1.20 is the next price level on the table.
The analyst also noted a larger directional signal dependent on the $2.00 price level. According to him, there is a confirmed XRP price movement above $2.00 in the context of the current broader economic expansion we see would pave the way for new highs in the weeks or months to follow.
Featured image from Freepik, chart from Tradingview.com