XRP Price Forecast: Recovery Case Strengthens After $1.13 Reclaim, but ETF Demand Weakens



What to Know

  • XRP has gained nearly 8% in the past 7 days after bouncing strongly from the $1.03 level.
  • Trading volume jumped nearly 62% in the past 24 hours to $1.8 billion, pointing to a sharp pickup in market activity.
  • XRP is now trading above $1.15 after reclaiming the $1.13 area, a former support zone that had recently been lost during June selling.
  • Positive net inflows into XRP linked ETFs fell from $132 million in May to $59 million in June, a 55% decline.
  • On chain activity has strengthened, with daily active users on the XRP Ledger rising to the highest level since February.
  • Some chart watchers see $1.32 as the next major resistance area if XRP extends the rebound.
  • A stronger recovery could bring the 200 day exponential moving average near $1.50 into focus, implying 33% upside from the referenced setup.
  • If XRP fails to hold above $1.13 and selling pressure returns, bearish traders are watching the $0.80 area as a downside target.

XRP Reclaims a Key Level After Rebounding From $1.03

XRP is attempting to rebuild its short term technical position after a steep period of pressure in June. The token has risen nearly 8% over the past 7 days after bouncing strongly from the $1.03 level, a move that has placed the market back above a zone many technical traders were watching closely. With XRP now trading above $1.15, the token has recovered the $1.13 area, which previously acted as support before being lost during the initial wave of June selling.

That reclaim matters because former support zones often become important tests once a market breaks below them. When price moves back above such an area, traders frequently view the action as a sign that sellers may be losing control, at least temporarily. In XRP’s case, the move above $1.13 has improved the near term recovery case, especially because it has been accompanied by a notable rise in activity rather than a quiet drift higher.

Trading volume has climbed to more active levels, rising nearly 62% in the past 24 hours to $1.8 billion. A volume expansion during a rebound can indicate that more participants are becoming involved in the move. It can also point to forced repositioning, particularly if short sellers begin closing bets against the token. For that reason, some market participants are watching whether the current rebound can develop into a broader squeeze that pushes XRP toward higher resistance levels.

ETF Inflows Show a Clear Loss of Interest

The technical rebound is not being matched by the same level of enthusiasm in ETF related flows. Positive net inflows to XRP linked ETFs dropped from $132 million in May to $59 million in June. That represents a 55% decline and suggests that demand through these products weakened even as XRP traded at heavily depressed levels.

This creates a divided market picture. On one side, spot market activity and on chain data show signs of renewed interest. On the other side, ETF inflows indicate that a segment of investors has become less willing to allocate capital to XRP after the June decline. For a recovery to become more convincing, many traders would prefer to see both technical momentum and fund flows improve at the same time.

The drop in ETF net inflows is particularly important because it challenges the idea that lower prices automatically attract stronger institutional or Wall Street style demand. In many markets, deep pullbacks can produce bargain hunting. In XRP’s case, however, the data for June showed that positive net inflows faded rather than accelerated. That does not rule out a recovery, but it means the bullish case must lean more heavily on price action, volume, and blockchain usage until ETF demand improves.

On Chain Activity Points to Crypto Native Accumulation

While ETF flows weakened, activity on the XRP Ledger moved in the opposite direction. On chain data from Santiment showed that daily active users spiked to the highest level since February. This rise occurred as XRP reached recent lows near $1.03, adding weight to the view that crypto native buyers may have become more active during the selloff.

The February comparison is notable because XRP traded from $1.47 to $1.54 at one point during that earlier period of heightened activity. Some market participants are using that historical zone to frame a near term bullish target, especially if the current pickup in usage proves durable. Higher daily active users can reflect growing network engagement, increased transfers, or strategic positioning by larger holders. It does not guarantee a price rally, but it can support a case that the asset is seeing renewed attention from within the crypto ecosystem.

Some chart watchers believe the activity spike at the $1.03 lows may indicate that whales accumulated XRP in anticipation of a rebound. If deep pocketed buyers stepped in near the bottom of the recent move, that could explain both the sharp bounce and the improvement in trading volume. It may also send a message to the broader market that influential participants view XRP as undervalued at those levels.

Still, the same whale driven activity introduces a risk. If the rebound was powered mainly by large wallets rather than broad organic demand, the move could prove fragile. A market can rally quickly when large players buy aggressively, but it can also reverse just as quickly if those same participants reduce exposure or if follow through demand fails to arrive. That is why the next test above $1.13 is important for confirming whether the move is a true recovery or only a technical bounce.

Technical Traders Watch $1.32 and $1.50

From a daily chart perspective, XRP has established a temporary floor at $1.03 and moved back above the $1.13 region. That setup has shifted attention toward the next resistance levels. The first major area on the upside is $1.32, a former support level that has turned into resistance. If XRP continues to rise, market participants may look for a retest of that zone to assess whether buyers have enough strength to break through another important barrier.

The $1.32 level matters because markets often revisit prior breakdown points before deciding on the next direction. If XRP reaches that area and sellers reappear in force, the rebound could stall. If buyers absorb supply and push through, the recovery case would become more credible. A clean move above $1.32 would likely encourage traders looking for a deeper mean reversion after June’s selling pressure.

A more constructive scenario would put the 200 day exponential moving average in focus. That moving average currently sits around $1.50. For many technical traders, the 200 day EMA is a widely followed trend gauge. When price trades below it, the broader structure can be viewed as vulnerable. When price recovers toward it, traders often treat the level as a major test of whether bearish momentum is fading.

If XRP can move from the current recovery zone toward the 200 day EMA near $1.50, the setup would imply upside potential of 33% based on the referenced near term scenario. That target is not guaranteed, and it depends on sustained buying above $1.13, stronger momentum, and the ability to handle resistance around $1.32. Still, it remains the key bullish level for traders who believe the recent bounce is more than a short lived reaction from oversold conditions.

Momentum Signals Need More Confirmation

Momentum indicators are also being watched closely. The Relative Strength Index has risen above its signal line, which suggests that short term momentum has improved. However, some technical traders still want to see the oscillator move above 60 before treating the rebound as strong enough to challenge the broader downtrend.

This is an important distinction. A market can bounce from a low without completing a trend reversal. Early momentum improvement often begins with a shift in the RSI, but confirmation usually requires continued price gains, higher volume, and a break through resistance. XRP has made progress by reclaiming $1.13, but the next phase will determine whether the move has the strength to attract additional buyers or whether it fades into another lower high.

For bullish traders, holding above $1.13 is the immediate priority. A stable base above that area would strengthen the argument that XRP has regained a meaningful support zone. From there, attention would turn to $1.32 and then $1.50. For bearish traders, the same $1.13 level is a line in the sand. A rejection back below it would suggest that the breakout attempt failed and that sellers are regaining control.

Downside Risk Remains Focused on $0.80

The bearish case remains active as long as XRP has not confirmed a larger reversal. If the token fails to hold above $1.13 and selling pressure resumes, technical traders are watching $0.80 as a downside target. That level is being viewed as the key risk area if the current rebound turns into a fakeout.

Some market participants see a short position as more favorable if price drops below $1.13 again, especially if risk is managed above that level and the target remains near $0.80. The logic is that a failed reclaim of major support can create a strong downside setup, as buyers who entered the bounce may be forced to exit while sellers press the renewed weakness.

At the same time, XRP’s recent volume surge and on chain activity spike mean traders should be careful about assuming the decline will automatically resume. A market with rising participation can become volatile in both directions. If short sellers become too aggressive while price remains above $1.13, the risk of another squeeze toward $1.32 or higher could increase.

Mixed Signals Define the XRP Outlook

The XRP outlook is currently balanced between improving technical conditions and weaker ETF demand. The token has reclaimed a key level, trading activity has jumped, and daily active users on the XRP Ledger have reached the strongest level since February. Those are constructive signs for traders looking for a recovery.

However, the 55% drop in positive net inflows to XRP linked ETFs shows that broader investor interest has cooled. That makes the rebound less straightforward. If the market can combine sustained spot demand, stronger on chain engagement, and a hold above $1.13, the path toward $1.32 and potentially $1.50 remains open. If the move fails and price slips back below $1.13, the focus could quickly return to $0.80.

For now, XRP is in a decisive technical zone. The rebound from $1.03 has given bulls a chance to regain control, but the market still needs confirmation. The next major signals will come from whether buyers defend $1.13, whether volume remains elevated, and whether momentum can strengthen enough to challenge $1.32 before the broader market reassesses the $1.50 target.

Frequently Asked Questions (FAQs)

Why is the $1.13 level important for XRP?

The $1.13 area is important because it previously acted as support before XRP lost it during June selling. Reclaiming that zone suggests buyers are attempting to repair the short term chart structure.

How much has XRP risen recently?

XRP has gained nearly 8% in the past 7 days after bouncing strongly from the $1.03 level. The move has placed the token back above $1.15.

What happened to XRP trading volume?

Trading volume rose nearly 62% in the past 24 hours to $1.8 billion. This shows that market activity increased sharply during the rebound.

Why are ETF inflows a concern for XRP?

Positive net inflows into XRP linked ETFs fell from $132 million in May to $59 million in June, a 55% decline. That suggests investor interest through those products weakened during the month.

What does the spike in XRP Ledger active users suggest?

Daily active users on the XRP Ledger rose to the highest level since February. Some market participants view this as a sign that crypto native buyers or large holders became more active near the recent lows.

What is the next upside target for XRP?

The next key upside area is $1.32, which was former support and may now act as resistance. If XRP breaks through that region, the 200 day exponential moving average near $1.50 could come into focus.

Could XRP reach $1.50?

XRP could move toward $1.50 if the recovery continues, buying pressure remains strong, and the price clears resistance near $1.32. The $1.50 area is tied to the 200 day exponential moving average in the current setup.

What is the main downside risk for XRP?

The main downside risk is a failed hold above $1.13. If XRP drops back below that level and selling pressure resumes, traders are watching $0.80 as a bearish target.

Is the XRP rebound confirmed as a trend reversal?

The rebound is not fully confirmed as a trend reversal. Traders are still watching for sustained strength above $1.13, a move toward $1.32, and stronger momentum confirmation from indicators such as the Relative Strength Index.

Photo by Leeloo The First on Pexels

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