Active addresses have climbed 72% over the past two weeks, while open interest has dropped to its lowest point since July 2025, resulting in a cleaner market structure even as price remains capped below key resistance.
XRP is no longer burdened by the heavy leveraged positioning that contributed to its earlier decline, but buyers still haven’t generated enough strength to alter the broader chart trend.
The token continues to hold above the $1 level and posted modest gains, supported by improving network activity and sustained ETF inflows. Traders are now assessing whether stronger usage and reduced leverage can eventually drive a breakout above $1.10.
News background:
Daily active XRP addresses increased from roughly 23,000 on June 14 to nearly 39,500 by June 27, a 72% rise in just two weeks.
Meanwhile, open interest across major exchanges collapsed from about 1.3 billion to under 150 million, removing a significant portion of leveraged positions that had built up during the previous rally.
XRP spot ETFs have recorded eight consecutive weeks of inflows, totaling $144.7 million, even as broader crypto funds weakened. On June 26, XRP ETFs brought in $15.6 million, while Bitcoin ETFs saw $444.5 million in outflows and Ether funds lost $12.9 million.
Price action:
XRP moved from $1.0451 to $1.0544 over the 24-hour period, a 1.59% increase.
The token traded within a tight $0.0435 range and consistently held above the key psychological support at $1.00.
A notable volume spike occurred on June 29 at 17:00, reaching 86.5 million XRP, about 67% above the daily average.
Price later consolidated between $1.03 and $1.06, indicating sideways movement rather than a confirmed recovery.
Technical outlook:
XRP continues to defend the $1.00 support level despite a 19% monthly decline.
The leverage unwind has improved market conditions, with open interest sharply lower, funding rates turning negative, and forced long liquidations clearing crowded trades.
On-chain metrics remain stronger than price action, with rising active addresses and consistent ETF inflows, though XRP still trades below key moving averages.
Resistance is seen near $1.10, followed by the 50-day EMA around $1.20 and the 100-day EMA near $1.31.
The 4-hour RSI has recovered from oversold conditions to around 46, but remains below the neutral 50 threshold.
Key levels to watch:
$1.00 remains the critical support; a breakdown would expose $0.90–$0.87.
Immediate resistance lies at $1.06, followed by $1.09–$1.10 where recent rallies have stalled.
A breakout above $1.20 would signal the first meaningful shift toward recovery.
Until XRP clears $1.10 or loses $1.00, the market remains range-bound—supported by improving fundamentals but lacking a confirmed trend reversal.
