XRP stayed above the $1.10 area, a level that took on added weight after last week’s sharp breakdown. In the latest 24-hour session, the token rose about 1% to $1.1141 after bouncing from levels near $1.11. It briefly moved above $1.12 late in the session, but the recovery still looked limited rather than decisive.
Inflows continue, but price still trails the market
XRP-linked investment products brought in another $6.75 million, lifting cumulative ETF inflows to roughly $1.44 billion. Futures activity also expanded sharply, with session volume reaching about $5 billion. Even so, XRP remained pinned near multi-month lows while bitcoin and the broader crypto market recovered more aggressively. Against major crypto benchmarks, XRP lagged by nearly two percentage points.
That split is what traders are watching. Rising futures volume points to renewed interest, yet open interest remains near cycle lows, suggesting many market participants are still adjusting positions and cutting risk instead of building strong directional exposure.
Late-session push cleared $1.1114, while $1.1352 stays in focus
The strongest intraday move came late, when heavy volume pushed XRP through resistance around $1.1114 and briefly lifted the token above $1.12. Earlier in the session, attempts to rally were turned back near $1.1352, leaving that level as the clearest near-term cap.
For now, $1.10 remains the main support level. Holding above it keeps the recent stabilization attempt alive. The first resistance zone stands at $1.12 to $1.13, followed by $1.1352. A move above $1.26 would start to repair the chart in a more meaningful way and shift attention back toward the $1.30 to $1.40 range.
June 15 upgrade approaches, but the broader trend is still weak
The XRP Ledger’s version 3.2.0 upgrade is scheduled for June 15. It is expected to reduce server memory requirements by around 40% and rename the core software from “rippled” to “xrpld.” The update adds a clear technical milestone for the network, but the market structure has not changed yet. XRP remains below its 50-day, 100-day, and 200-day moving averages, keeping the broader setup tilted in favor of sellers.
If the $1.05 to $1.10 support zone gives way, attention is likely to return to the psychologically important $1.00 level.