XRP fell to $1,009 on June 26, 2026, its lowest level since November 2024. Despite the decline in price, inflows into XRP spot ETFs remained positive. This chart showed that investors continue to buy into some funds, but the current market trend has not yet produced an upward impact on the price.
Price pressure continued as ETF flow continues
Although ongoing purchases through spot ETFs removed some of the circulating supply from the market, the weakening demand for XRP in recent months and the decreasing appetite for speculative transactions limited the price recovery. XRP stands out as a crypto asset connected to the Ripple ecosystem and known for its cross-border payment usage area.
Futures data also supported this weak outlook. While the open position amount balanced around 400 million XRP, the Open Position Turnover Ratio remained at 0.71.
Mini dictionary: Open position refers to the total of contracts that have not yet been closed in futures transactions. A sudden increase in this data may indicate that leveraged interest in the market has increased and volatility may increase.
Analyst Arab Chain emphasizes that sudden increases in open interest and turnover rates should be monitored, and such jumps often occur before sharper price movements.
The downtrend is maintained in the technical outlook
On the daily chart, it can be seen that XRP remains in the downward trend that started in July 2025. Falling below the $1.61 low level formed in April 2025 in February strengthened the bearish structure from a technical perspective. After this break, the price remained within a certain band for months, but the harsh sales wave at the end of May disrupted this balance.
In mid-June, XRP rose as high as $1.2935 and approached the 78.6 percent Fibonacci retracement zone around $1.2985. At this point, selling pressure came to the fore again. On the subsequent pullback, the price returned to around $1.05.
| Indicator | Level |
|---|---|
| June 26 low | $1,009 |
| Mid-June peak level | $1.2935 |
| close resistance | $1.13 |
| Possible downstream targets | $0.975 and $0.854 |
If the downward trend continues, the $0.975 and $0.854 levels stand out. The possibility of falling below 1 dollar in July was also on the market’s agenda.
The $1 level became the focus in the short term
However, there is also a more constructive technical reading. This area is being watched as a strong support area as XRP has reacted from the $0.90 to $1.00 range several times before. The $1.13 level has turned from support to resistance. If this threshold is exceeded again, a strengthening signal may occur in the short-term outlook.
Trader Celal Kucuker argues that XRP should maintain the current support zone and that above $10 is theoretically possible in the next 12 months, but this process will involve high volatility.
The positive mismatch seen on the daily chart for about a week also indicates that the selling pressure may be weakening. Technical analyst ChartNerd states that there is a similar pattern to the accumulation structure seen in previous bear cycles, that past declines were between 85 percent and 96 percent and lasted between 14 and 37 months, while the current withdrawal remained at 72 percent in 11 months.
In the short term, the focus of the market is on the 1 dollar threshold. Maintaining this level keeps the possibility of a retest of the resistance at $1.13 alive. In case of a downward break, the range between 0.87 and 0.90 dollars is watched as the next support zone.
