June 18 Thursday XRP Afternoon Outlook

In the early morning, the Federal Reserve maintained high interest rates as expected, which fully alleviated market panic, leading to a stabilization and consolidation of the market. XRP experienced an independent rebound, outperforming mainstream cryptocurrencies like BTC and ETH. The core support comes from its long-term fundamental advantages: previously, the SEC officially classified XRP as a digital commodity, completely removing years of regulatory litigation risk. Coupled with continuous net inflows into spot ETFs, institutional long-term allocation demand has been steadily released, and the capital consolidation effect is evident. In a weak market environment, XRP has shown a counter-trend rise.
On the macro level, although the Federal Reserve’s stance remains hawkish and the long-term liquidity tightening expectation persists, short-term negative news has been absorbed, and risk-averse selling pressure has diminished. Capital has shifted to XRP, which has clear regulatory risk, and the derivatives market’s long leverage financing rates have continued to turn positive, with long positions dominating, providing sufficient rebound momentum.
Technically, the daily chart has stabilized above the short-term 50-day moving average, RSI has risen to a neutral to slightly bullish zone, and the MACD green bars have turned red, forming a short-term bullish structure; key intra-day levels are clear, with support at $1.41, which is the strong support of the 50-day moving average. A pullback to this level is a low-buying opportunity; the first resistance above is $1.54 (the 100-day moving average). Breaking through this could target the long-term downtrend line resistance at $1.68.
In the afternoon, the overall market remains weak and volatile, but XRP’s independent bullish logic remains intact. As long as the $1.41 support holds, the rebound trend continues; if this support is broken, the current counter-trend rally will end temporarily, and the market will revert to a follow-up correction. Trading strategy mainly relies on low buy-ins at support levels, with strict position control. As US market data releases in the evening may increase volatility, risk management is essential.
Trading suggestion: Watch for a buy zone at $1.162-$1.165, with a target of $1.19. If broken, $BTC look for $1.21.