XRP's brief foray above $1.25 lasted only a few hours. Sellers swarmed near the highs and drove the token back through $1.23 on some of the heaviest volume in recent weeks, turning what looked like a breakout into a sharp reversal.
Price Action: $1.25 Rejected in Hours
XRP fell from $1.2619 to $1.2205 in the 24-hour session, losing 3.3%. Selling accelerated during the afternoon as volume surged to 87.5 million XRP, breaking support near $1.2240. A late recovery attempt reached $1.223 before reversing sharply, cementing that area as near-term resistance.
The loss of the $1.22 - $1.23 zone is the standout technical development. This area was closely watched after XRP's rally above $1.20 earlier in the week. Despite the pullback, the token remains above the $1.20 initial breakout level, leaving the broader recovery structure damaged but not broken.
ETF Inflows Continue, Upbit Activity Surges
Despite the price decline, XRP ETF products recorded a second straight week of inflows, attracting $10.68 million and lifting cumulative inflows to roughly $1.44 billion. In South Korea, Upbit's wallet-flow dominance for XRP jumped from 13% to 31% in the week through June 14, reflecting heightened retail interest from Asia.
Ripple itself continues to expand its payments infrastructure, with recent activity tied to RLUSD and cross-border settlement initiatives, providing a backdrop of ongoing development even as price action weakens.
Technical Levels: Sellers Firmly in Control
Volume expanded during the decline rather than the rebound, confirming that sellers dominated throughout the session. The failed bounce near $1.223 reinforced the lower-high structure that has emerged since XRP was rejected near $1.25.
$1.20 is the most critical level now. Losing it would open the door to a deeper retracement toward $1.15. Immediate resistance sits at $1.223, and above that, traders will watch $1.25. A move back above $1.25 would suggest the selloff was profit-taking rather than the start of a larger reversal.
All eyes turn to the Asian session open. Given Upbit's outsized role, early price action in that window could set the tone for the next move.