Crypto analysts are sounding the alarm for XRP this June, pointing to a troubling historical pattern and a precarious technical setup. According to ChartNerd, XRP suffered substantial losses in June during the last three U.S. midterm election years: -17% in 2014, -39% in 2018, and -32% in 2022. Bitcoin also logged negative June returns in those years, reinforcing the seasonal caution.
In a separate analysis, EGRAG CRYPTO warns that XRP opened June below its 50-month Exponential Moving Average – a condition that has historically accompanied extreme bearish sentiment near major bottoming zones. The asset is also compressed within a falling wedge pattern and sits near a macro support trendline, setting up what the analyst calls a potential “bear trap.”
While the market has evolved with greater institutional participation, the historical data and technicals have placed XRP at a critical decision point. EGRAG identifies the $0.90–$1.30 range as the key support zone that must hold. A sustained defense of that area, combined with a breakout above the wedge and a reclaim of the 50-month EMA, could spark a sharp reversal. However, failure to hold support may confirm a deeper correction.
Both analyses highlight that June 2026 will test whether XRP can break from its midterm-year curse or succumb to another month of heavy losses.