XRP Holds $1.14 as Exchange Supply Hits 7-Year Low, ETF Inflows Near $1.45B

XRP News XRP briefly slipped beneath its closely watched support near $1.12 during the weekend session before buyers stepped in to erase most of the decline. The token fell from roughly $1.1451 toward a session low around $1.1213 as volume surged past 85 million XRP near 21:00 UTC, then rebounded toward $1.148 within hours, recovering close to 80% of the breakdown. The swift recovery left traders debating whether the move signaled accumulation or another pause inside a broader downtrend. For now XRP remains boxed within the $1.10–$1.30 range that has contained price action for most of June, with $1.147–$1.15 acting as immediate resistance. A widely followed technical analyst reignited debate over the altcoin’s long-term ceiling with a forecast that the next leg higher could carry the token to $18.22 before an eventual cycle target of $333, framed as the culmination of a multi-year Elliott Wave structure and Fibonacci extension. The analyst cited a prior track record, including a 2024 call that pinpointed $0.5286 as the final support before a rally that touched $3.65, near its all-time high and the stated $3.66 objective. Skeptics countered that XRP reaching $333 would inflate its market capitalization beyond the world’s largest corporations combined, dismissing the figure as an unrealistic narrative requiring strict risk management. On-chain data shows the amount of XRP held on centralized exchanges has fallen to roughly 1.6 billion tokens, a seven-year low and a decline of about 50% from October 2025 levels. Thinning exchange reserves typically heighten price sensitivity when fresh demand arrives, since less supply sits ready to sell. Institutional flows reinforced the trend: spot XRP products drew net inflows of about $10.66 million in the week ending June 18, lifting cumulative net inflows near $1.45 billion, while total assets under management surpassed $1.06 billion. A single session also recorded $17.11 million in inflows, the largest daily figure in roughly two months. Ripple’s payments infrastructure is already live across Southeast Asia, with XRP-based cross-border remittance services operating in Indonesia, the Philippines and Vietnam through a collaboration involving SBI Remit, SBI VC Trade and SBI Ripple Asia. The corridors target high-volume remittance markets where demand for fast, low-cost international transfers is acute, giving XRP a foothold in real-world settlement rather than speculative narrative alone. Indonesia’s financial regulator is separately drafting a framework for real-world asset tokenization, a development that could reward firms with existing rails. Analysts project XRP could approach $1.50 to $1.62 by the end of 2026, contingent on adoption translating into measurable on-chain demand. Spot-market signals remain mixed beneath the surface. On-chain data indicates large holders distributed more than 30 million XRP into the market over a five-day stretch, a supply-side headwind that complicates the bullish accumulation thesis amid lingering bear-market pressure. Technically, the hourly chart printed a death cross as the 50-hour moving average crossed below its 200-hour counterpart, underscoring short-term selling pressure. Resistance on the daily timeframe sits near $1.29, with a confirmed close above $1.20 needed to open a path toward the 200-day moving average around $1.54 and potentially $2. A breakdown below the $1.10 support zone would instead expose $1.00 as the next major floor. Ecosystem development continued apace. The XRP Ledger’s core server software was formally renamed from rippled to xrpld under the XLS-0095 proposal, with version 3.2.0 retiring long-active amendments and patching bugs across single-asset vaults, the lending protocol, the permissioned DEX and multi-purpose tokens. Security specialists working with RippleX began formally verifying core lending and vault components in Lean4 ahead of an institutional DeFi rollout. On the payments side, the RLUSD stablecoin is being integrated into Mastercard’s settlement network, while Ripple joined Flutterwave’s Series E round to power African corridors. A new XRPL AI starter kit also lets autonomous agents settle payments in XRP. COINOTAG’s proprietary 42-indicator composite scoring engine rates first overhead resistance at $1.1831 a 68/100, driven by the confluence of the Fibonacci 0.236 retracement, ATR Upper band, pivot R3 and the 20-period EMA, while the $1.0776 support scores 66/100 on the Bollinger and Keltner lower bands plus the Donchian floor. Derivatives data shows a modestly positive funding rate of 0.0034%, open interest near $655 million and a long/short account ratio of 2.99 — meaning 74.9% of accounts sit long, a crowded stance vulnerable to a squeeze. With the Fear & Greed Index at 20 (Extreme Fear) and RSI at 40, a reclaim of $1.18 favors bulls, while losing $1.08 invalidates the thesis.COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.