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Home»Cryptocurrency & Free Speech Finance»XRP gives back gains after 10% rally as traders take profit near $1.25
Cryptocurrency & Free Speech Finance

XRP gives back gains after 10% rally as traders take profit near $1.25

News RoomBy News Room16 hours agoNo Comments1 Min Read1,896 Views
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XRP gives back gains after 10% rally as traders take profit near .25
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XRP finally broke through the $1.20 level that had capped rallies for weeks, but buyers couldn’t keep control of the move.

After climbing as much as 10% and briefly trading near $1.25, the token ran into profit-taking that pushed it off session highs, putting the focus back on whether the breakout can hold rather than how far it can extend.

News Background

• XRP ETFs recorded a second straight week of inflows, attracting $10.68 million and lifting cumulative inflows to roughly $1.44 billion.

• South Korea’s Upbit exchange accounted for 31% of XRP wallet-flow activity by June 14, up from 13% a week earlier, highlighting strong regional demand.

• Ripple continued expanding its payments infrastructure through integrations including OpenPayd and RLUSD-related settlement activity.

Price Action Summary

• XRP climbed from roughly $1.14 to a session high near $1.25 before pulling back.

• The breakout was driven by a volume surge that reached more than 180 million XRP, easily clearing resistance around $1.20.

• Selling emerged near $1.25, trimming gains and leaving traders focused on whether former resistance can now hold as support.

Technical Analysis

• The move confirmed a breakout from the early-June consolidation range.

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