XRP moved back above $1.18 on Jun. 15 after buyers defended the $1.13-$1.14 area and pushed the token toward the next short-term resistance band.
Summary
- XRP reclaimed $1.18 as buyers tested resistance after strong volume followed the recent sell-off.
- ETF inflows remain positive, but weak CMF and lower volume still question near-term buyer strength.
- Upbit wallet-flow dominance points to Korean activity leading XRP’s rebound as other exchanges decline sharply.
The move followed a sharp June drop that kept the token under its 20-day average and left traders watching whether the latest bounce can turn into a base.
crypto.news price data placed XRP near $1.18, with a 24-hour range between $1.13 and $1.19. The token remains below the Bollinger Bands midline near $1.20, while the upper band around $1.37 marks a wider resistance area. The lower band near $1.04 remains the key downside zone if the rebound fails.
XRP price action returns to the $1.20 test
The latest XRP price analysis shows a market trying to recover from a weak month. XRP rose from $1.1503 to $1.1866 during the latest 24-hour session, gaining more than 3%. Buyers also pushed the token above the $1.14-$1.15 area, which had acted as short-term resistance during the recent decline.
The strongest move came during the June 14 21:00 UTC session, when volume rose to 107.6 million XRP. That level stood more than four times above the daily average and helped price break above the near-term barrier. XRP later touched $1.1928 before settling above $1.18. This leaves the next resistance zone clearly defined for daily traders now.
ETF demand supports the rebound, but chart signals stay mixed
XRP-linked exchange-traded products have drawn steady demand during the latest market weakness. As crypto.news reported, XRP products added about $10.68 million in the week ended June 12, while Bitcoin and Ethereum products saw outflows. Cumulative net inflows for XRP products reached roughly $1.44 billion.
That demand gives the market a support line, but technical data still shows caution. XRP trades below the 20-day simple moving average near $1.20. The Chaikin Money Flow reading near -0.11 also shows that outflows remain stronger than inflows over the lookback period.
Lower trading volume compared with the 2024-2025 rally also points to weaker buyer follow-through. The Bollinger Bands have narrowed after earlier expansion, which shows that volatility has cooled. A narrow range often comes before a larger move, but it does not show direction by itself.
Upbit flows move into focus as exchange activity splits
CryptoQuant analyst Amr Taha said XRP wallet flows have shifted toward Upbit during the rebound. He said Upbit’s XRP Net Wallet Flow Dominance rose from 13% on June 7 to 31% on June 14, its highest level since May 2024. Coinbase dropped from 27% to 0% over the same period, while Binance and Crypto.com also declined.
This split adds another layer to the XRP price analysis. Korean exchange activity has played a large role in XRP trading this year. Recently, crypto.news reported that XRP has often seen strong activity on Korean and Japanese order books, with Upbit volumes at times beating Bitcoin and Ethereum on the same platform.
The flow rotation does not prove that one exchange controls the price. It does show that the rebound has not come from a uniform market structure. Upbit shows stronger deposit-wallet dominance, while several other major exchanges show weaker deposit-side activity.
Analysts watch triangle setup and Ripple news
Crypto analyst Ali Charts said the token remains inside a symmetrical triangle setup. “I’m watching a symmetrical triangle on XRP. A breakout from this pattern could trigger a 14% price move,” the analyst wrote. The comment placed attention on the next break from the current compression zone.
For now, traders are watching whether XRP can close above $1.20 with stronger spot volume. A move above that area would shift attention to $1.24 and then the $1.30 region. Failure to hold $1.18 would bring focus back to $1.14, followed by the $1.10-$1.13 support area.
Fresh Ripple-related news has also kept XRP in focus. As crypto.news reported, Ripple CEO Brad Garlinghouse expects the company to reach a $1 billion revenue run rate by the end of 2026, excluding XRP held on the company balance sheet. The figure separates Ripple’s operating business from the token’s market price.
The SEC also approved NYSE Arca’s proposal to list and trade the T. Rowe Price Active Crypto ETF, which may hold several eligible crypto assets, including XRP. This does not remove short-term price risk, but it adds another regulated product route for investors watching large-cap crypto exposure. XRP’s next move still depends on price confirmation, exchange flows, and whether buyers can turn the $1.18 rebound into a stronger move above $1.20.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
