XRP price briefly loses $1.14 support before buyers drive sharp rebound
Heavy selling pushed XRP to its lowest level of the weekend session, but strong buying quickly erased most of the decline and returned the token to its recent trading range.
Jun 22, 2026, 5:17 a.m.
Share this article
Summary
XRP briefly broke below a closely watched support level on Sunday before buyers stepped in.
The token fell to roughly $1.12 on some of the session’s heaviest volume, then rebounded toward $1.15 within hours, leaving traders focused less on the decline itself and more on whether the latest test of support signals accumulation or another pause in a broader downtrend.
• XRP continues to trade inside the same broad $1.10-$1.30 range that has contained price action for most of June.
• Analysts remain split between viewing the range as a base-building phase and a continuation pattern within a larger downtrend.
• XRP fell from $1.1451 to $1.1383 during the 24-hour session, a decline of roughly 0.6%.
• Selling accelerated around 21:00 UTC when volume surged to 85.8 million XRP, pushing price down to a session low near $1.1213.
• Buyers quickly absorbed the move, driving XRP back toward $1.148 and recovering most of the breakdown before consolidation set in.
• The initial break below $1.1385 looked significant, particularly because it occurred on the largest volume spike of the session.
• The recovery was equally important. XRP reclaimed nearly 80% of the decline and returned to the middle of its recent range.
• The failure to hold below $1.13 suggests buyers remain active inside the broader $1.10-$1.15 support zone.
• At the same time, the rebound stalled near $1.147-$1.149, reinforcing that area as short-term resistance.
• $1.13-$1.14 remains the immediate battleground after absorbing the latest wave of selling.
• Resistance sits near $1.147-$1.15, where the rebound lost momentum.
• The broader range remains intact between roughly $1.10 and $1.30.
• A sustained move outside either side of that range would likely provide the first meaningful directional signal XRP traders have seen in weeks.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
Jun 15, 2026
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
Why it matters:
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.