XRP finally broke through the $1.20 level that had capped rallies for weeks, but buyers couldn’t 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 off session highs, putting the focus back on whether the breakout can hold rather than how far it can extend.
News Background
• XRP ETFs recorded a second straight week of inflows, attracting $10.68 million and lifting cumulative inflows to roughly $1.44 billion.
• South Korea’s Upbit exchange accounted for 31% of XRP wallet-flow activity by June 14, up from 13% a week earlier, highlighting strong regional demand.
• Ripple continued expanding its payments infrastructure through integrations including OpenPayd and RLUSD-related settlement activity.
Price Action Summary
• XRP climbed from roughly $1.14 to a session high near $1.25 before pulling back.
• The breakout was driven by a volume surge 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 former resistance can now hold as support.
Technical Analysis
• The move confirmed a breakout from the early-June consolidation range.
