Active addresses surged by 72% over a fortnight, while open interest dipped to its lowest since July 2025, providing traders with a more favorable setup despite the price remaining below resistance.
By Shaurya Malwa Jun 30, 2026, 5:15 a.m. 2 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShow- XRP remains above critical support at $1, showing slight gains, but continues to trade within a range under resistance around $1.10.
- Both network and funding metrics are improving, with daily active addresses increasing by 72% in two weeks and XRP spot ETFs experiencing eight consecutive weeks of inflows.
- The leverage in XRP has significantly reset, clearing out many long positions, yet the price remains below key moving averages and has not confirmed a recovery.
XRP is no longer facing the same leveraged pressure that previously led to its selloff, but buyers have yet to significantly alter the market chart.
The token has managed to stay above $1 and has seen a notable rise in network activity, with ETF inflows also continuing. Traders are now looking to see if this uptick in usage and cleaner positioning can lead to a breakout above $1.10.
News Background
• The number of daily active addresses for XRP increased from 23,000 on June 14 to nearly 39,500 by June 27, marking a 72% rise in just two weeks.
• Open interest on major exchanges fell below 150 million, down from a peak of 1.3 billion, which has reduced the leveraged positions that had accumulated during prior XRP rallies.
• XRP spot ETFs have recorded inflows for eight consecutive weeks, totaling $144.7 million, despite a general downturn in the crypto fund market.
• On June 26, XRP ETFs saw $15.6 million in net inflows, while bitcoin ETFs recorded $444.5 million in outflows and ether funds experienced losses of $12.9 million.
Price Action Summary
• Over a 24-hour period, XRP rose from $1.0451 to $1.0544, reflecting a gain of 1.59%.
• The token traded within a range of $0.0435, consistently maintaining its position above the $1.00 psychological support level.
• The most significant trading activity occurred on June 29 at 17:00, with a volume of 86.5 million XRP, which is approximately 67% higher than the 24-hour average.
• Following this, the price consolidated between $1.03 and $1.06, indicating a range-bound market rather than a confirmed upward trend.
Technical Analysis
• A notable highlight is XRP's ability to hold above the $1.00 threshold, despite a 19% decline over the past month.
• The reset in leverage enhances the trading setup, as open interest has dropped significantly, funding has turned negative, and forced liquidations have cleared out crowded positions.
• The on-chain data presents a stronger picture compared to the chart; active addresses are on the rise, ETF inflows continue, and exchange reserves are stable, yet the price still lingers below key moving averages.
• XRP faces resistance around $1.10, with more significant barriers at the 50-day EMA near $1.20 and the 100-day EMA around $1.31.
• The 4-hour RSI has bounced back from the oversold zone to 46, but momentum remains below the neutral mark of 50.
What traders should watch
• The $1.00 level is crucial support; a drop below this could refocus attention on the $0.90-$0.87 range.
• The first level of short-term resistance is at $1.06, followed by $1.09-$1.10, where recent upward moves have faltered.
• A rise above $1.20 would signal a genuine transition from merely defending support to a recovery phase for XRP.
• Until XRP breaks above $1.10 or falls below $1.00, the market is likely to remain range-bound, with improving fundamentals but no confirmed technical reversal.