Asian demand alongside ETF inflows helped push XRP through the $1.20 level, but the rally stalled after the token encountered fresh selling at a key resistance zone.

XRP finally broke above $1.20, a level that had capped upside attempts for several weeks, though buyers failed to maintain momentum once the breakout occurred.

The token surged as much as 10% and briefly reached around $1.25 before profit-taking kicked in, pulling it off its highs and shifting focus toward whether the breakout can be sustained rather than extended.

News Background
• XRP ETF products saw a second consecutive week of inflows, totaling $10.68 million and bringing cumulative inflows to about $1.44 billion.

• South Korea’s Upbit accounted for 31% of XRP wallet flow activity as of June 14, up from 13% the prior week, signaling strong regional demand.

• Ripple continued expanding its payments infrastructure through integrations such as OpenPayd and RLUSD-linked settlement activity.

Price Action Summary
• XRP climbed from roughly $1.14 to an intraday high near $1.25 before reversing.

• A volume surge of over 180 million XRP helped drive the breakout above $1.20 resistance.

• Selling pressure emerged near $1.25, trimming gains and refocusing attention on whether former resistance can now hold as support.

Technical Analysis
• The move confirmed a breakout from the early-June consolidation range.