XRP is running out of space. After spending most of June stuck between resistance and support near $1.10, the token is once again testing the bottom of its range.
Even though the latest decline was slight, the inability to build on recent rebounds left traders focused on whether buyers would defend their support or finally give in after weeks of squeeze.
News context
• XRP ETFs attracted another $2.4 million on June 20, extending a streak of institutional buying even as retail confidence weakened.
• Analysts continue to monitor the downtrend throughout the year from XRP’s 2025 highs, with several identifying $1.28 to $1.30 as the level needed to alter the broader structure.
• Network activity has slowed in recent weeks as futures positioning and open positions have drifted lower.
Price Action Summary
• XRP fell from $1.1313 to $1.1109 during the 24-hour session, losing 1.8%.
• The largest sell-off occurred during a reversal on June 22, when volume surged to 65.4 million XRP, approximately 84% above average.
• Price spent most of the session falling before testing support near $1.10 at the close.
Technical analysis
• The market remains stuck in the same range that defined trading for much of June.
