Active addresses have jumped 72% over the past two weeks, while open interest has dropped to its lowest level since July 2025, producing a cleaner market structure even though price continues to face resistance overhead.

XRP is no longer constrained by the heavy leveraged positioning that contributed to its prior selloff, but buyers have yet to generate sufficient momentum to change the broader trend.

The token remains above the $1 level and has posted modest gains, supported by stronger network activity and continued ETF inflows. Traders are now focused on whether improving fundamentals and reduced leverage can eventually fuel a breakout above $1.10.

News background:
Daily active XRP addresses increased from roughly 23,000 on June 14 to nearly 39,500 by June 27, a 72% rise in two weeks.

Open interest across major exchanges has fallen sharply from about 1.3 billion to below 150 million, eliminating much of the leveraged positioning built during the previous rally phase.

XRP spot ETFs have recorded eight consecutive weeks of inflows, totaling $144.7 million, even as broader crypto funds weakened. On June 26, XRP ETFs attracted $15.6 million, while Bitcoin ETFs saw $444.5 million in outflows and Ether funds lost $12.9 million.

Price action:
XRP rose from $1.0451 to $1.0544 during the 24-hour session, gaining 1.59%.

Price action remained contained within a $0.0435 range and consistently held above the key psychological support at $1.00.

A major volume spike occurred on June 29 at 17:00, reaching 86.5 million XRP, around 67% above the daily average.

The token later consolidated between $1.03 and $1.06, reflecting a sideways structure rather than a confirmed recovery trend.

Technical outlook:
XRP continues to defend the $1.00 level despite a 19% decline over the past month.

The unwinding of leverage has improved overall market conditions, with open interest significantly reduced, funding turning negative, and forced long liquidations clearing overcrowded positioning.

On-chain strength contrasts with price weakness, as active addresses rise and ETF inflows remain steady, though XRP still trades below major moving averages.

Resistance remains near $1.10, followed by the 50-day EMA at around $1.20 and the 100-day EMA near $1.31.

The 4-hour RSI has recovered to roughly 46 from oversold territory but remains below the neutral midpoint.

Key levels to watch:
$1.00 remains the critical support level; a breakdown would expose the $0.90–$0.87 zone.

Immediate resistance sits at $1.06, followed by $1.09–$1.10 where rallies have repeatedly stalled.

A breakout above $1.20 would mark the first meaningful shift toward a recovery phase.

Until XRP clears $1.10 or loses $1.00, the market is expected to remain range-bound, with improving fundamentals but no confirmed trend reversal.