Active addresses have surged 72% over the past two weeks, while open interest has dropped to its lowest level since July 2025, creating a cleaner market setup even as price remains capped below resistance.
XRP is no longer weighed down by the crowded leverage that contributed to its earlier selloff, but buyers still haven’t built enough momentum to meaningfully change the broader trend.
The token continues to hold above the $1 level and has posted slight gains, supported by rising network activity and steady ETF inflows. Market participants are now watching whether improving fundamentals and reduced leverage can eventually drive a move above $1.10.
News background:
Daily active XRP addresses rose from about 23,000 on June 14 to nearly 39,500 by June 27, marking a 72% increase over two weeks.
At the same time, open interest across major exchanges fell sharply from around 1.3 billion to below 150 million, removing much of the leveraged positioning built during the previous rally.
XRP spot ETFs have now recorded eight straight weeks of inflows, totaling $144.7 million, even as broader crypto funds weakened. On June 26, XRP ETFs saw $15.6 million in inflows, while Bitcoin ETFs recorded $444.5 million in outflows and Ether funds lost $12.9 million.
Price action:
XRP rose from $1.0451 to $1.0544 during the 24-hour session, a 1.59% gain.
It traded in a narrow $0.0435 range and remained firmly above the key psychological support at $1.00.
A notable spike in activity came on June 29 at 17:00, when volume hit 86.5 million XRP, roughly 67% above the daily average.
Price later consolidated between $1.03 and $1.06, reflecting sideways trading rather than a confirmed recovery.
Technical outlook:
XRP continues to defend the $1.00 level despite a 19% monthly decline.
The unwinding of leverage has improved market structure, with open interest falling sharply, funding turning negative, and forced liquidations clearing out overcrowded positions.
On-chain metrics remain relatively strong compared to price action, with rising active addresses and consistent ETF inflows, though XRP still trades below key moving averages.
Resistance is seen near $1.10, followed by the 50-day EMA around $1.20 and the 100-day EMA near $1.31.
The 4-hour RSI has recovered from oversold levels to around 46 but remains below the neutral 50 mark.
Key levels to watch:
$1.00 remains the critical support; a break below would expose $0.90–$0.87.
Immediate resistance sits at $1.06, followed by $1.09–$1.10 where recent rallies have repeatedly stalled.
A move above $1.20 would be the first clear signal of a broader recovery shift.
Until XRP breaks above $1.10 or loses $1.00, price action is expected to remain range-bound, with improving fundamentals but no confirmed trend reversal.
