XRP Tests Lower End of June Range as Traders Watch $1.10 Support
XRP slipped 1.8% in the latest 24-hour session, moving back toward the $1.05-$1.10 support area that has framed much of its June trading. Traders are watching whether that zone holds or gives way after weeks of range-bound price action.
What happened?
XRP slipped 1.8% in the latest 24-hour session, moving back toward the $1.05-$1.10 support area that has framed much of its June trading. Traders are watching whether that zone holds or gives way after weeks of range-bound price action.
Why it matters
XRP moved lower in the latest session, falling from $1.1313 to $1.1109 as the token again approached support near $1.10. The move kept XRP near the bottom of a three-week range, with traders focused on whether buyers can defend the $1.05-$1.10 area or whether the market breaks lower.
XRP moved lower in the latest session, falling from $1.1313 to $1.1109 as the token again approached support near $1.10. The move kept XRP near the bottom of a three-week range, with traders focused on whether buyers can defend the $1.05-$1.10 area or whether the market breaks lower.
The setup matters because XRP has struggled to build momentum from recent rebounds. CoinDesk reported that volume has generally remained subdued outside isolated spikes, suggesting neither buyers nor sellers have taken firm control. A decisive move could help define whether XRP remains stuck in range trading or shifts into a clearer trend.
The sharpest selling came during a June 22 reversal, when volume rose to 65.4 million XRP, about 84% above average. For most of the session, however, price action was a steady grind lower before XRP tested support near the close.
Some institutional demand has continued despite softer market signals. XRP ETFs drew $2.4 million in fresh inflows on June 20, extending buying from that segment even as the source noted weaker retail sentiment, lower futures positioning and softer network activity in recent weeks.
Technically, traders are watching the same levels that have shaped much of June. A break below $1.05 could bring attention back to the psychological $1.00 level, while XRP would need to reclaim roughly $1.18 before traders begin focusing again on the $1.20-$1.30 area. Until then, the market remains defined more by compression than direction.