XRP Eyes New Rally as Bullish Chart Pattern and Gemini AI Forecast Boost Optimism

Analysts have highlighted a falling‑wedge chart pattern on XRP that mirrors the setup preceding a 600% surge in 2024, suggesting a possible repeat of that price rally. The pattern has drawn bullish sentiment despite recent weakness that pushed XRP below key support levels around $0.87.

Google’s Gemini AI model projected XRP to close June 30 2026 in the $1.38‑$1.45 range, citing continued net inflows into XRP ETFs and high short interest as upside catalysts. The model also warned that a full‑scale repeat of historic midterm‑year drops could pull the price down to $0.90‑$1.00.

Both the technical analysis and the AI forecast point to a short‑term outlook that hinges on whether XRP can defend support near $1.12‑$1.15 and trigger short‑covering rallies, or whether broader market risk‑off pressure forces a deeper correction.