XRP spent the last two weeks trying to stop falling. Now it tries to go higher.
The token pushed through $1.14, then $1.18, and eventually regained $1.20 on the strongest volume since the early June washout, forcing traders to reassess a market that had been priced for further weakness.
The move came as XRP-specific activity accelerated, with South Korea’s Upbit exchange accounting for a growing share of network flows and institutional demand continuing to build through ETF products.
News background
• Ripple ecosystem activity picked up as traders focused on increasing XRP demand across Asia, with Upbit accounting for 31% of XRP wallet flow dominance on June 14, up from 13% a week earlier.
• XRP ETF products continued to attract capital, extending a streak of inflows that has brought cumulative net investment to around $1.4 billion since launch.
• Several analysts pointed to bullish RSI divergences and completed corrective structures following XRP’s rebound from the $1.05-$1.09 support zone.
Summary of price action
• XRP rose from $1.1425 to $1.2307 during the session, gaining about 8%.
• The outbreak began during the June 14 session at 21:00 UTC, where volume rose to 107.6 million XRP and drove the price through resistance near $1.14.
