XRP News Today: XRP Poised for 475% Gain as Crypto Market Nears Bottom

CryptoInsightUK, a prominent trader and YouTuber, has suggested that the cryptocurrency market's sharp retracement may be nearing its end. In a video analysis posted on 23 June, he noted that XRP is close to completing the final leg of a corrective structure that began in early April. The analyst outlined a scenario where Bitcoin could drop further to the $92,000–$95,000 liquidity pocket, dragging major altcoins with it. However, he believes that the market is close to a bottom, although not quite there yet.

XRP, according to the analyst, is following a similar pattern to Bitcoin but on a different scale. The 4-hour chart shows a liquidity shelf at $1.89 and a deeper block stretching to $1.73. While there is a possibility of a tail-risk dip toward $1.60–$1.55, this is not the base case. The area is compelling due to the clustering of spot demand on each successive stab lower, indicating real accumulation rather than derivative games. Funding rates across major venues have turned modestly positive, confirming that people are going long, which could trigger one more liquidity vacuum as over-leveraged latecomers are forced out.

Technically, the trader is watching for a textbook bullish divergence: price carves a marginally lower low while the 4-hour RSI prints a higher one, mirroring the set-up that preceded April’s 140% rally. The fixed-range volume profile on Bitcoin, where the point of control sits near $97,000, offers confluence, suggesting the broader market is attempting to base on a major support shelf before rotation into altcoins. If this pattern holds, CryptoInsightUK believes XRP is positioned for a drastic expansionary phase that would lift the token first to the oft-cited $8 target and then, in an over-extension, to “realistically $11 to $12.” From an idealised $1.85 entry, the projection implies an upside of roughly 475%.

The analyst’s conviction rests in part on his read of Bitcoin dominance, now hovering in what he calls the “reversal box.” A final push to the upper edge could spark the long-awaited altseason, with XRP—as a large-cap, high-beta play—capturing disproportionate flows once Bitcoin volatility subsides. At press time, XRP traded at $2.1781. XRP faces key resistance near $2.26, according to the 4-hour chart.