XRP continued its recovery from recent lows with the strongest buying appetite in recent weeks. The price’s rebound above the $1.14 to $1.15 band was supported by the highest volume seen since the last wave of selling. This outlook points to an effort to create a base rather than a short-term reaction rise.
Critical resistance has been exceeded, eyes are on new thresholds
In the 24-hour trading period, XRP gained more than 3 percent, rising from $1.1503 to $1.1866. The most notable movement was seen during the 21:00 UTC session on June 14. In this episode, volume increased to 107.6 million XRP, exceeding four times the daily average and pushing the price above the resistance around $1.14.
The rise remained effective until the closing. XRP briefly rose as high as $1.1928, then stabilized above $1.18. The market now sees $1.18 as initial support, and $1.14 to $1.15 as stronger support. Above, $1.20 stands out as the psychological threshold, while the range between $1.27 and $1.30 is considered the next resistance area.
The most important development for XRP was the regaining of the $1.14 to $1.15 zone, which served as resistance throughout the recent decline. The transformation of this area into support is being closely monitored for the permanence of the recovery.
Corporate interest and large investor accumulation attract attention
According to data, XRP-linked exchange-traded funds attracted approximately $1.4 billion in total inflows. May stood out as the period in which corporate demand was strongest so far. This chart shows that interest in XRP remains despite weakness in the broader market.
It was reported that more than 25 million XRP was withdrawn from the stock exchanges during the same period. This trend indicates that longer-term investors are accumulating. The fact that large wallet addresses holding large amounts of XRP reached a record level also strengthened the view that large investors increased their positions during the correction process.
Mini dictionary: RSI is known as a technical indicator that measures the speed and strength of price movement. RSI mismatch describes the situation where the indicator does not confirm when the price tries new lows and can sometimes indicate that the selling pressure has weakened.
Recovery signals are getting stronger in the technical outlook
Analysts noted that a bullish RSI divergence occurred as XRP tested the $1.05 support zone. This structure is often seen in periods when the current downward trend loses momentum. The improvement in daily momentum indicators also supports this picture.
However, there is no clear confirmation that the broader downward trend has completely ended. However, price action no longer suggests an asset under severe selling pressure. The fact that XRP started to produce higher lows and higher peaks for the first time in weeks brought the possibility of the market changing direction to the agenda.
In order for the recovery to maintain its constructive course in the short term, the price must remain above the recent breakout areas. If XRP falls below $1.14 again, the bullish scenario may weaken and it may be discussed again whether the recent move is just a temporary jump caused by short position closings.
