XRP Patterns Point to Possible June Drop Below $1

XRP's charts show several bearish setups this month that point toward a sub-$1 target. Shorter-time-frame charts display a head-and-shoulders formation and a bear flag, while an on-chain metric signals weak demand or capitulation among traders. Since June 5, price has formed what appears to be a head-and-shoulders pattern, with a neckline near $1.09.

If price breaks decisively below that neckline, the H&S target measures to about $0.99, roughly 10% lower. A clear break above the right shoulder peak at about $1.12 — a level that aligns with the 20-period EMA on the four-hour chart — would invalidate the pattern and could push XRP toward the 50-period EMA near $1.15, about 4.5% higher.

The four-hour chart also shows a bear flag: price is consolidating inside a rising channel after a sharp sell-off and is testing the flag’s lower trendline near $1.10. A decisive four-hour close below that line would set a bear-flag target near $0.94, roughly 15% lower, and the RSI near 43 supports the bearish view.

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