XRP finally broke through the $1.20 level that had capped rallies for weeks, but buyers could not keep control of the move.
After climbing as much as 10% and briefly trading near $1.25, the token ran into profit-taking that pushed it away from session highs, again putting the focus on whether the breakout can last rather than how far it can stretch.
News background
• XRP ETFs recorded a second straight week of inflows, attracting $10.68 million, raising cumulative inflows to around $1.44 billion.
• South Korea’s Upbit exchange accounted for 31% of XRP wallet flow activity on June 14, up from 13% a week earlier, underscoring strong regional demand.
• Ripple continued to expand its payments infrastructure through integrations, including OpenPayd and RLUSD-related settlement activity.
Summary of price action
• XRP rose from approx. $1.14 to a session high near $1.25 before retreating.
• The breakout was fueled by a surge in volume that reached more than 180 million XRP, easily clearing resistance around $1.20.
• Selling emerged near $1.25, trimming gains and leaving traders focused on whether previous resistance can now hold as support.
Technical Analysis
• The move confirmed a breakout from the consolidation in early June.
