XRP has continued its rebound from recent lows, supported by the strongest buying pressure seen in weeks as institutional inflows and ETF-driven demand push the token toward the $1.20 level.

The recovery is beginning to look less like a short-lived bounce and more like the early stages of a broader base-building phase.

Buyers drove XRP through $1.14 and then $1.18 on the highest volume since the selloff began, shifting attention toward whether momentum can extend into the $1.20–$1.30 resistance band that has repeatedly capped previous rallies.

Market backdrop
• XRP ETFs have attracted roughly $1.4 billion in cumulative inflows since launch, with May marking the strongest month of institutional participation so far.
• More than 25 million XRP have recently been withdrawn from exchanges, suggesting ongoing accumulation by long-term holders despite market weakness.
• Whale wallets holding large XRP positions have reached record levels, reinforcing signs of sustained buying from larger investors during the correction.

Price action
• XRP rose from $1.1503 to $1.1866 over 24 hours, gaining more than 3%.
• The breakout occurred during the June 14 21:00 UTC session, when volume spiked to 107.6 million XRP—over four times the daily average—pushing price above $1.14.
• Momentum carried through the session, with XRP briefly touching $1.1928 before stabilizing above $1.18.

Technical outlook
• The key development is XRP reclaiming the $1.14–$1.15 range, which has now flipped from resistance into support.
• The move was backed by strong volume, indicating broader participation rather than short covering alone.
• Momentum indicators continue to improve, with analysts pointing to bullish RSI divergence near the $1.05 support zone, often associated with trend exhaustion.
• While the broader downtrend is still technically intact, price action is improving, with higher lows and higher highs starting to form.

Key levels to watch
• $1.18 now acts as immediate support, followed by $1.14–$1.15 as the stronger support zone.
• $1.20 is the next major upside target and potential profit-taking area.
• Above that, resistance sits in the $1.27–$1.30 region.
• The structure remains constructive as long as XRP holds above breakout levels; a drop back below $1.14 would weaken the bullish setup and suggest the rally was largely driven by short covering rather than sustained demand.