XRP maintains its support above $1, bolstered by increased network activity and reduced leverage, although it remains under resistance at $1.10.
XRP has successfully maintained its position above the critical $1 support level, showing slight gains while trading below the resistance threshold of $1.10. This stability comes as both network engagement and funding metrics demonstrate significant improvement.
In the past two weeks, the number of daily active addresses for XRP surged by 72%, climbing from 23,000 to nearly 39,500. Concurrently, open interest on major exchanges has fallen to its lowest since July 2025, dropping below $150 million from a peak of $1.3 billion. This reduction in leverage has cleared out many long positions that had accumulated during previous rallies, resulting in a more favorable trading environment.
Despite these positive indicators, XRP's price remains under key moving averages, and a definitive bullish trend has not yet been established. Traders are closely monitoring the recent uptick in usage and the resetting of leverage to see if it can facilitate a breakout above the $1.10 resistance level.
Market Activity and Trends
XRP spot ETFs have experienced inflows for eight consecutive weeks, totaling $144.7 million, even as the broader crypto fund market faces downturns. On June 26, XRP ETFs reported net inflows of $15.6 million, contrasting sharply with outflows in Bitcoin and Ethereum funds.
Over a 24-hour period, XRP's price increased from $1.0451 to $1.0544, reflecting a gain of 1.59%. The token has consistently traded within a range, maintaining its position above the psychological support level of $1.00.
Technical Insights
Despite a 19% decline over the past month, XRP's resilience above the $1 mark is notable. The reset in leverage has improved the trading setup, with negative funding rates and reduced open interest providing some relief from the previous sell-off pressures.
However, XRP faces significant resistance at $1.10, with further barriers at the 50-day EMA around $1.20 and the 100-day EMA near $1.31. The 4-hour RSI has rebounded from oversold conditions to 46, although momentum remains below the neutral threshold of 50.
Trader Considerations
Traders should keep a close eye on the $1.00 support level; a decline below this could shift focus to the $0.90-$0.87 range. Short-term resistance is identified at $1.06, with additional hurdles at $1.09-$1.10. A rise above $1.20 would indicate a shift from merely holding support to a recovery phase for XRP. Until a breakout above $1.10 or a fall below $1.00 occurs, the market is likely to remain range-bound, despite improving fundamentals.
