XRP has gained 1.59% over the past 24 hours, rising from $1.0451 to $1.0544 amid improving market conditions. The token continues to hold above the key $1.00 psychological support level with modest gains, though it remains trapped in a range below resistance around $1.10. According to latest market data, XRP is currently trading within a $0.0435 range and has demonstrated resilience by defending the critical $1.00 support level even after experiencing a 19% monthly decline. The main burst of activity came on June 29 at 17:00, when volume reached 86.5 million XRP, about 67% above the 24-hour average, indicating renewed trader interest despite the range-bound price action. On Friday, June 26, XRP prices fell to $1.009, marking the closest brush of the psychological $1 level since November 2024, as reported by AMBCrypto.
Network activity has shown significant improvement with daily active addresses rising 72% in two weeks from 23,000 on June 14 to nearly 39,500 by June 27. As reported by Crypto.news, new XRP wallets jumped to 4,941 in one day, marking the strongest network growth reading in more than three months. The XRP Ledger added 4,941 new wallets in one day, marking its strongest network growth reading in more than three months. Social sentiment also moved higher with Santiment reporting a ratio of 3.7 bullish comments for every bearish comment, also a three-month high. The shift follows a period of weak sentiment earlier in June when XRP sentiment had fallen to its lowest level since October 2025, as traders grew tired of weak price action and limited new catalysts.
From a technical perspective, XRP has reclaimed short-term support after the prior decline, with momentum turned slightly positive on intraday readings. The 4-hour RSI has recovered from oversold territory to 46, but momentum remains below the neutral 50 level, indicating cautious optimism among traders. The key development is that XRP continues to defend $1.00 even after a 19% monthly decline, with the daily pivot at $1.0485 serving as a critical level. If bulls can push XRP above the pivot, the first resistance level at $1.06 could be tested, followed by $1.09-$1.10, where recent rallies have stalled. However, XRP had already been trading near $1.05 after a weak month, with buyers watching the $1 level as the main short-term line. The larger barriers near the 50-day EMA around $1.20 and the 100-day EMA around $1.31 represent significant hurdles for any sustained recovery. The 4-hour chart showed XRP was trading within a downtrend, with the bounce to $1.2935 in mid-June only a pullback toward the 78.6% Fibonacci retracement level at $1.2985.
Sentiment remains heavily negative, with the Fear and Greed index near 15 in extreme fear, with around 74 percent of readings still leaning bearish. This suggests participation is cautious and mostly retail-driven, with upside moves remaining fragile under risk-off conditions. Resistance builds from $1.10 to $1.11, where sellers previously absorbed momentum with volume near $1.58 billion, and remains steady but lacks breakout conviction. If XRP holds $1.02–$1.04, momentum could rebuild gradually, and a breakout above $1.10 may trigger stronger upside continuation with targets of $1.50 to $1.80. Some 2026 outlooks extend toward $2.80 under structural recovery, though the current market structure appears neutral, neither confirming a breakout nor a breakdown. A daily close below $1.00 would weaken psychological support and reopen downside toward sub-$0.90 levels as sentiment near extreme fear increases volatility risk. The Open Interest has stabilized around 400 million XRP in recent months, with the Open Interest Turnover Ratio holding stable near 0.71, indicating the speculative market was calmer and more stable.
