XRP held steady above the key $1 support level despite a broader pullback over the past month, trading around $1.05 as of the time of writing. The token’s resilience came alongside data pointing to persistent inflows into XRP spot exchange-traded funds, a rise in on-chain activity, and a derivatives “reset” that has reduced leverage in the futures market.
According to CoinGecko, XRP changed hands between roughly $1.04 and $1.07 over the previous 24 hours and remains the sixth-largest cryptocurrency by market value, at about $65.4 billion. However, it is still far from its July 2025 record high of $3.65, and CoinGecko data shows XRP is down more than 50% over the past year and about 49% over the last 200 days.
Key takeaways
- Price move: XRP was trading near $1.05, holding above the $1 support area after recent weekly and monthly losses.
- Catalyst: XRP spot ETF inflows continued for a seventh consecutive week, while on-chain activity increased and futures leverage was reduced.
- Market implication: Rising participation and less leveraged positioning can support stabilization, but broader trend remains below major longer-term moving averages.
- Technical levels to watch: Immediate resistance sits around $1.10 to $1.15, with a wider resistance band near $1.20 to $1.31; a sustained break below $1 would shift focus to lower supports.
What drove the move
ETF flows provided one of the clearest supports for XRP’s near-term outlook. According to SoSoValue data, XRP spot ETFs attracted about $15.6 million in net inflows on June 26, topping the list of cryptocurrency exchange-traded funds for the day. In the same session, spot Bitcoin ETFs recorded about $444.5 million in net outflows, while Ethereum funds lost roughly $12.9 million, suggesting the day’s buying interest was more concentrated in XRP.
The pattern extended beyond a single trading session. SoSoValue said XRP spot ETFs logged seven consecutive weeks of positive flows, with cumulative inflows over that stretch of approximately $144.7 million. By comparison, the same seven-week period reportedly saw about $7.7 billion leaving Bitcoin ETFs and roughly $1.2 billion in net outflows from Ethereum ETFs, reinforcing the notion that capital rotation has not been uniform across the sector.
Alongside the fund flows, network activity also strengthened. Crypto analyst Ali Charts cited data showing daily active XRP addresses rose from around 23,000 on June 14 to almost 39,500 over the following two weeks. Higher daily active address counts generally signal more users interacting with the blockchain, though such data does not guarantee a price rebound.
Market reaction and technical picture
Despite stabilization near recent lows, technical analysis indicates sellers have not fully lost control. On the daily chart, XRP continues to trade below its 20-, 50-, 100-, and 200-day exponential moving averages, a pattern that typically aligns with a weaker broader trend. CoinGecko’s price snapshot showed XRP holding near the 100% Fibonacci retracement area around $1.05 after a decline from a recent swing high.
The key areas for traders begin with resistance and the ability of bulls to reclaim levels needed for trend improvement. The article’s technical levels place near-term resistance around $1.10, followed by Fibonacci-based markers near $1.14 and $1.17. Further up, the 50-day EMA near $1.20 and the 100-day EMA around $1.31 form an additional ceiling that would likely need to be overcome for sentiment to improve.
On shorter timeframes, XRP has been consolidating. The four-hour chart reportedly shows a range between roughly $1.03 and $1.06 after several sessions of sideways trading. Volume profile visible range analysis also flagged $1.13 to $1.15 as a high-volume node from prior trading activity, which has historically made such zones harder for prices to clear after breakdowns.
Derivatives positioning shifts
Derivatives data suggested part of the recent downside pressure may have been related to leverage being unwound. A CryptoQuant analysis cited a broad deleveraging phase in XRP futures after long liquidations surged to nearly $3 million, an increase of more than 800% compared with the prior month. The same analysis reported open interest falling from about $1.2 billion to nearly $1 billion and funding rates turning sharply negative as leveraged bullish positions were forced out.
While the reduction in leverage can help markets reset before a new directional move, the analysis did not indicate a reversal was assured. It also noted that spot-market behavior remained more stable, pointing to little change in Binance reserve balances during the week—an indication holders were not moving significant amounts of XRP onto exchanges for immediate selling.
What to watch next
For now, the $1 level remains the main battleground. Holding above it would keep alive the possibility of challenging the $1.10 to $1.15 resistance area and, if momentum improves, testing a larger resistance cluster near $1.20 to $1.31. A sustained breakdown below $1 would instead increase focus on lower technical supports around $0.90, with additional downside levels cited near $0.85 and $0.70 if selling accelerates. Investors will likely watch whether ETF inflows persist and whether on-chain activity and derivatives positioning continue to support stabilization as XRP confronts its next resistance levels.
