XRP, the token associated with Ripple and the XRP Ledger, traded near $1.12 on June 11 after holding the $1.10 support area during a volatile session.
Summary
- XRP holds above $1.10 as ETF inflows rise, but momentum remains weak across timeframes.
- The TD Sequential buy signal suggests rebound potential after XRP’s sharp June breakdown near support.
- Traders are watching $1.12-$1.13 resistance before calling any XRP recovery stronger or sustainable.
According to crypto.news market data, the token gained 0.72% over 24 hours, but it remained down 4.47% over seven days and 23.86% over the past month.
The current setup shows a cautious recovery. XRP-linked investment products continue to attract inflows, futures trading has increased, and analysts are pointing to early rebound signals. Still, XRP remains below major recovery levels and continues to lag stronger parts of the crypto market.
XRP holds $1.10 after late-session volume surge
XRP’s 24-hour trading range stood between $1.09 and $1.13, with volume around $1.94 billion. Its market capitalization was near $69.2 billion, keeping the token ranked sixth by market value.
The price action shows that buyers defended the $1.10 area after last week’s sharp decline. That zone now acts as the main short-term support because it sits close to the latest breakdown low.
XRP briefly pushed above $1.12 after stronger late-session volume. The move followed earlier trading near $1.11, where buyers tried to rebuild a base after recent selling pressure.
However, the rebound still looks limited. The $1.12-$1.13 area remains the first resistance zone, while $1.1352 stands as the clearest near-term rejection level from the latest rally attempt.
If XRP closes above $1.13 with stronger volume, traders may look toward $1.18 and $1.2380 next. If it loses $1.10, the market could retest $1.09 and then the lower Bollinger Band area near $1.04.
ETF inflows rise, but conviction stays limited
According to SoSoValue data, XRP-linked investment products recorded $1.19 million in daily net inflows, while total net assets stood at $948.98 million. The data shows modest institutional demand, but assets remain below earlier highs.
The inflows stand out because XRP has not matched the broader market’s recovery strength. Bitcoin and some large-cap tokens have rebounded more sharply, while XRP remains pinned near multi-month lows.
Still, open interest remains near cycle lows. That means many traders are not yet building strong long-term positions. The market looks more active in short-term trading than in steady directional conviction.
This difference matters for price action. Rising volume can support a bounce, but low open interest shows that traders may still be cautious after the recent drawdown.
Technical indicators show weak rebound conditions
The XRP/USDT daily chart remains bearish after the token fell from January highs above $2.30. XRP moved sideways between March and May before breaking lower in June.
Bollinger Bands show XRP trading near the lower band at $1.0408. That means the token recently moved into a weak area where oversold rebounds can develop.
The middle Bollinger Band sits near $1.2380. This is now a key recovery level because XRP needs to reclaim it to show stronger momentum beyond a short-term bounce.
The upper band near $1.4352 remains far above current price. That distance shows XRP has not yet returned to its old consolidation range.
RSI sits near 31.66, slightly above its average line at 30.99. This shows XRP has bounced from near-oversold conditions, but momentum remains weak.
A move back above 40 would be an early improvement. A move above 50 would offer a stronger sign that buyers are taking back control.
The TD Sequential indicator has also flashed a buy signal, according to analyst Ali Charts. “The Tom DeMark Sequential indicator has flashed a buy signal on XRP, anticipating a potential rebound,” the analyst wrote.
That signal supports the short-term rebound case. However, XRP still needs price confirmation through resistance reclaim and stronger spot demand.
Binance buying pressure adds a short-term signal
Market analyst CW said XRP is showing net buying after two days of net selling. The analyst said Binance showed the strongest buying pressure, while Coinbase also showed notable net buying.
That shift can help XRP defend support if buyers continue to absorb selling pressure. It also matches the late-session move that pushed XRP above $1.12.
Another analyst, Seth, said XRP has remained inside a channel since July 2025. He described $1.10 as a “good buy” area with low risk-to-reward if price later breaks the channel.
This view frames $1.10 as an important level for traders watching the larger structure. The level offers a clear invalidation point if price breaks lower.
As previously reported by crypto.news, the XRP Ledger 3.2.0 upgrade targets June 15. The update will rename the core software from “rippled” to “xrpld” and is expected to reduce server memory use by around 40%.
The network event may support short-term attention around XRP. Still, price must confirm recovery through the chart, not only through development updates.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
