XRP climbs 4% above $1.18 as traders test next resistance zone

NewsVideoPricesResearchEventsData & IndicesSponsored Jun 15, 2026, 4:25 a.m. 2 min readSummaryXRP has broken back above key resistance at $1.14 to $1.15 on its strongest volume since the recent sell-off, suggesting the token is starting to build a base rather than stage a brief rebound.Institutional interest and large-holder accumulation remain robust, with XRP-linked ETFs drawing about $1.4 billion in inflows and whale addresses climbing to record highs despite broader market weakness.Traders are watching support at $1.18 and $1.14 to $1.15 and resistance near $1.20 and $1.27 to $1.30, levels that will help determine whether the emerging uptrend can extend or proves to be another short-covering bounce.XRP's rebound is starting to look less like a dead-cat bounce and more like a market trying to build a base. Buyers pushed the token through $1.14 and then $1.18 on the strongest volume seen since the selloff began, forcing traders to focus on whether the recovery can carry into the $1.20-$1.30 resistance zone that has capped previous rallies.News Background• XRP-linked ETFs have attracted roughly $1.4 billion in cumulative inflows since launching, with May marking the strongest month of institutional demand so far.• More than 25 million XRP recently left exchanges, extending a trend that suggests long-term holders are accumulating despite the broader market weakness.• Whale addresses holding significant XRP balances climbed to a record high, reinforcing the view that larger investors have been adding exposure during the correction.Price Action Summary• XRP rose from $1.1503 to $1.1866 during the 24-hour session, gaining more than 3%.• The key move came during the June 14 21:00 UTC session, when volume surged to 107.6 million XRP, more than four times the daily average, pushing price through resistance near $1.14.• Momentum carried into the close, with XRP briefly reaching $1.1928 before consolidating above $1.18.Technical Analysis• The most important development was the reclaim of the $1.14-$1.15 area. That zone acted as resistance throughout the recent decline and has now flipped into support.• Volume confirmed the move. Unlike previous rallies that faded quickly, this advance was backed by sustained participation rather than short-covering alone.• Daily momentum indicators continue to improve. Several analysts highlighted a bullish RSI divergence that emerged while XRP was testing the $1.05 support zone, a pattern often associated with trend exhaustion.• The broader downtrend has not fully broken yet, but the market is no longer trading like a token in freefall. Price is beginning to print higher lows and higher highs for the first time in weeks.What traders should watch• $1.18 becomes the first support level after the breakout, followed by the more important $1.14-$1.15 zone.• The immediate target is $1.20, a psychological level that could attract profit-taking after the recent rally.• Above that, attention shifts to the $1.27-$1.30 area, where several Fibonacci and trendline resistance levels converge.• The recovery remains constructive as long as XRP holds above its recent breakout levels. A move back below $1.14 would weaken the bullish case and raise questions about whether the rally was simply another short-covering bounce.12345678910