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XRP price rises 8% after reclaiming $1.13, signaling possible recovery or drop to $0.80 if selling resumes

Technical Signals
06 Jul 2026
FXEmpire
View Source
Bullish
pluang ai news

XRP surged nearly 8% in a week, reclaiming the $1.13 support level after bouncing from $1.03, with trading volumes up 62%. Despite a 55% drop in ETF inflows in June, on-chain data shows whales increasing activity, suggesting confidence in a price recovery toward $1.50. However, if selling pressure returns, XRP could fall to $0.80. The market is divided between Wall Street's caution and crypto-native buying, making the near-term trend uncertain but potentially bullish if momentum sustains.

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