{"id":105649,"date":"2026-06-18T12:08:30","date_gmt":"2026-06-18T12:08:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=105649"},"modified":"2026-06-18T12:08:30","modified_gmt":"2026-06-18T12:08:30","slug":"xrps-bull-and-bear-cases-are-pretty-easy-to-make-analyst-says-here-are-the-key-levels-to-watch","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=105649","title":{"rendered":"XRP&#8217;s Bull And Bear Cases Are &#8216;Pretty Easy To Make,&#8217; Analyst Says\u2014Here Are The Key Levels To Watch"},"content":{"rendered":"<div>\n<p><strong>XRP <\/strong><a class=\"ticker-link\" data-ticker=\"XRP\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/XRP-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>) has pulled back from this week&#8217;s gains, but analysts believe the recovery structure stays \u201cintact\u201d as long as the coin defends the key support at $1.20.<\/p>\n<h2 class=\"wp-block-heading\">The Headwinds And Tailwinds<\/h2>\n<p>In a note shared with Benzinga, <strong>Shawn Young, <\/strong>Chief Analyst at<strong> MEXC Research<\/strong>, stated that XRP\u2019s biggest headwind is \u201cweak follow-through\u201d across the broader cryptocurrency market, though he noted that inflows into spot exchange-traded funds are providing support.<\/p>\n<p>The ETFs, including <strong>Bitwise XRP ETF<\/strong> <a class=\"ticker-link\" data-ticker=\"XRP\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/XRP\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/XRP\">XRP<\/a>) and <strong>Canary XRP ETF<\/strong> <a class=\"ticker-link\" data-ticker=\"XRPC\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/XRPC\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/XRPC\">XRPC<\/a>), have drawn $1.44 billion in cumulative net inflows since launch and seven straight weeks of positive flows, <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-xrp-spot\">according <\/a>to SoSo Value.<\/p>\n<p>The analyst viewed <a href=\"https:\/\/www.benzinga.com\/markets\/prediction-markets\/26\/06\/53262117\/wall-street-wants-to-tokenize-everything-but-it-first-needs-the-clarity-act\">progress on the Clarity Act<\/a> as a key catalyst that could improve \u201cinstitutional confidence\u201d in XRP.<\/p>\n<h2 class=\"wp-block-heading\">Key Levels To Watch Out For<\/h2>\n<p>XRP surged to $1.28 earlier this week on reports of a U.S.\u2013Iran peace deal, but it pulled back afterward and &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53268745\/xrps-bull-and-bear-cases-are-pretty-easy-to-make-analyst-says-here-are-the-key-levels-to-wa?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"XRP's\" bull and bear cases are easy to make analyst says the key levels watch>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP (CRYPTO: XRP) has pulled back from this week&#8217;s gains, but analysts believe the recovery structure stays \u201cintact\u201d as long as the coin defends the key support at $1.20. The Headwinds And Tailwinds In a note shared with Benzinga, Shawn Young, Chief Analyst at MEXC Research, stated that XRP\u2019s biggest headwind is \u201cweak follow-through\u201d across [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-105649","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/105649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105649"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/105649\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}