Overview
- A June 26 price print of $1.009 marked XRP’s closest approach to the $1 level since November 2024, highlighting renewed price stress.
- Spot XRP ETFs recorded continued net inflows through the June decline, which reduced exchange float and tightened the tokens available for trading.
- XRP has been in a multi‑month downtrend that began in July 2025 and was confirmed when it fell below the April 2025 $1.61 swing low in February 2026.
- Derivatives activity has been relatively calm with Open Interest near 400 million XRP and an open‑interest turnover ratio around 0.71, but episodic long liquidations and thin order books can still spark sharp volatility that hurts leveraged traders.
- Analysts see a greater chance of a July move below $1 with targets near $0.975 and $0.85 while a daily bullish divergence and the $0.90–$1.00 band may provide short‑term support and reclaiming $1.13 would signal renewed strength.