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XRP tests $1.20 resistance amid ETF inflows and lower exchange supply, signaling cautious recovery.

Market News
06 Jul 2026
Crypto news
View Source
Neutral
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XRP traded near $1.14, showing a slight 0.21% gain as it tests the $1.20 resistance level while buyers defend the $1.10 support zone. Despite positive inflows into XRP ETFs, price recovery needs stronger volume to confirm sustainability. Exchange supply of XRP has dropped to a seven-year low, potentially reducing selling pressure if demand rises. The market remains cautious, with key levels at $1.10 for support and $1.20 for buyer control, while a move above $1.40 could signal stronger momentum. Regulatory delays and market compression add uncertainty to XRP's near-term outlook.

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