XRP Price: Buyers Defend $1 as Network Activity and ETF Inflows Build

TLDR

• XRP trades near $1.05, holding above the key $1 support after hitting a 19-month low of $1.01 on June 25.
• Exchange outflows nearly tripled in days, rising from 40.7 million to about 123 million XRP, hinting at accumulation.
• XRP spot ETFs posted an eighth straight week of inflows, with cumulative inflows near $1.47 billion.
• Daily active addresses jumped 72% in two weeks, from 23,000 to almost 39,500.
• Open interest fell from a 1.3 billion peak to below 150 million, clearing out crowded leverage.

XRP is trading near $1.05 after a rough June. The token hit a 19-month low of around $1.01 on June 25, but buyers have kept it above the $1.00 mark since then.

Despite the price drop, activity on the XRP Ledger has picked up. The network added 4,941 new wallets in a single day, the strongest growth spike in over three months.

Daily active addresses also climbed sharply. They rose from 23,000 on June 14 to nearly 39,500 by June 27, a 72% jump in two weeks.

Exchange Flows and ETF Demand

On-chain data shows coins leaving exchanges at a faster pace. The exchange net position change went from about 40.7 million XRP on June 22 to roughly 123 million XRP days later, a rise of nearly 200%.

This kind of move often points to holders pulling tokens off exchanges rather than preparing to sell. At the same time, institutional demand has stayed steady.

XRP spot ETFs have now logged eight straight weeks of inflows. Cumulative inflows sit near $1.47 billion, with $22.99 million added in the week of June 26 alone.

On June 26 specifically, XRP ETFs brought in $15.6 million while bitcoin funds saw $444.5 million in outflows and ether funds lost $12.9 million.

Leverage in the market has also cooled off. Open interest across major exchanges dropped from a peak of 1.3 billion to below 150 million, removing much of the crowded positioning built up during XRP’s earlier rally.

Analyst Santiment Intelligence pointed to this mix of falling prices and rising interest in a recent post. The analyst noted that XRP’s new wallet creation and bullish sentiment are emerging even as price threatens to slip below $1, with sentiment data showing 3.7 bullish comments for every bearish one, a three-month high.

Key Levels Traders Are Watching

XRP has spent the past year stuck inside a falling price channel. The 20-period EMA, a measure of short-term trend, now sits right at the upper edge of that channel near $1.18 to $1.22.

That zone also lines up with a Fibonacci level at $1.178 and a cluster of about 22.8 million XRP in cost basis data between $1.18 and $1.19. A further 27.4 million XRP sit between $1.21 and $1.22.

These levels mark prices where past buyers may look to sell once they break even, creating resistance. A clean break above $1.18 and then $1.22 would move XRP out of its downtrend into neutral territory.

On the downside, support sits near $1.02. A drop below that could open a path toward $0.87, based on Fibonacci levels.

In the short term, traders are watching $1.06 as the first resistance point, followed by $1.09 to $1.10, where past rallies have stalled. A move back above $1.20 would be the first sign of a real shift toward recovery.

The 4-hour RSI has climbed back to 46 after being oversold, though it remains below the neutral 50 mark. Price last consolidated between $1.03 and $1.06, with the heaviest volume of the day arriving on June 29 at 17:00 UTC, when 86.5 million XRP changed hands.

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