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XRP jumps 13%, breaking $1.28 as US-Iran tensions ease, with bullish outlook to $4.47.

Technical Signals
16 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

XRP surged about 13% in 24 hours, reclaiming the $1.28 level for the first time in weeks, driven by reduced geopolitical tensions between the US and Iran. Major holders now control 74.1% of circulating XRP, accumulating 1.53 billion tokens over six months, signaling strong institutional confidence. Technical analysis suggests XRP could rise to $4.47, with key resistance levels at $1.61 and $1.94 to watch. Ripple aims to reach $1 billion in annual revenue by late 2026, highlighting its growing market presence beyond XRP token value.

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