Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

XRP retests $1.11-$1.15 after breakout, key $1.20 resistance remains critical for next move

Technical Signals
07 Jul 2026
Crypto Daily
View Source
Neutral
pluang ai news

XRP recently broke above the $1.11 to $1.15 range but is now retesting this zone to determine if it will hold as support or fail as a false breakout. Volume surged during the retest, indicating strong market interest, while institutional spot XRP ETFs have seen nine weeks of inflows, providing steady background demand. The $1.20 level remains a significant resistance point, with previous attempts failing on high volume. Confirmation of a sustained uptrend requires holding above $1.11, reclaiming $1.20 with rising volume, and no major supply spikes from monthly escrow releases. Traders are advised to watch volume patterns, ETF flows, and derivatives positioning for clearer signals before committing to positions.

More News (XRP)

$20M BonkDAO governance vote exploit deemed corporate fraud by Ripple CTO Emeritus.

$20M BonkDAO governance vote exploit deemed corporate fraud by Ripple CTO Emeritus.

BonkDAO lost $20 million through a governance vote exploit where a manipulator used token-weighted voting to transfer funds without hacking smart contracts. Ripple CTO Emeritus David Schwartz labeled this act as corporate fraud, explaining that DAO p...

Market News
Bearish
5 hours ago
XRP trades near $1.13 amid mixed momentum and delayed policy catalyst from CLARITY Act.

XRP trades near $1.13 amid mixed momentum and delayed policy catalyst from CLARITY Act.

XRP's price hovered around $1.13 on July 7, showing a slight decline of 1.69% in 24 hours. The token's short-term rebound from a late-June low near $1.00 remains, but it has yet to break decisively above $1.14 to confirm stronger bullish momentum. Po...

Market News
Neutral
6 hours ago
XRP rebounds on EU MiCA license approval despite Standard Chartered cutting long-term price forecast

XRP rebounds on EU MiCA license approval despite Standard Chartered cutting long-term price forecast

XRP has shown a short-term rebound to around $1.13 following Ripple's approval for an EU MiCA-compliant license, enhancing its regulatory position in Europe. However, Standard Chartered has lowered its 2026 price target for XRP from $8 to $2.80, refl...

Market News
Neutral
6 hours ago
Solana hits record 1B+ weekly transactions, ETFs gain $5.75M amid 1.7% price dip near $80

Solana hits record 1B+ weekly transactions, ETFs gain $5.75M amid 1.7% price dip near $80

Solana (SOL) saw a 1.7% price drop to around $79-$80 but maintained key support levels despite broader crypto declines. U.S. spot Solana ETFs attracted $5.75 million in net inflows, contrasting Bitcoin and Ethereum ETFs which faced outflows. The netw...

Market News
Bullish
7 hours ago
Bitcoin holds weekly gains near $63K despite major sale; oil rises on Middle East strike, equities dip.

Bitcoin holds weekly gains near $63K despite major sale; oil rises on Middle East strike, equities dip.

Bitcoin reached $64,400 before settling near $63,170, maintaining a 6% weekly gain despite Strategy selling 3,588 BTC worth $216 million. Ether rose 11.6% weekly, while XRP and Solana kept most of their gains. A missile strike near the Strait of Horm...

Market News
Neutral
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App