XRP Pulls Back After 10% Surge as Traders Lock in Profits Near $1.25

Asian demand and ETF inflows helped drive XRP above the $1.20 level, but the token failed to sustain its gains after encountering renewed selling pressure near a key resistance zone.

XRP finally pushed past $1.20, a level that had repeatedly capped upside moves in recent weeks, though buyers were unable to maintain control of the breakout.

After rallying as much as 10% and briefly touching around $1.25, the token faced profit-taking that dragged it off its highs, shifting attention from further upside to whether the breakout can be sustained.

News Background
• XRP exchange-traded products saw a second consecutive week of inflows, pulling in $10.68 million and bringing total cumulative inflows to about $1.44 billion.

• South Korea’s Upbit exchange accounted for 31% of XRP wallet flow activity as of June 14, up from 13% the previous week, signaling strong regional participation.

• Ripple continued expanding its payments ecosystem through new integrations, including OpenPayd and settlement activity linked to RLUSD.

Price Action Summary
• XRP rose from about $1.14 to an intraday peak near $1.25 before retreating.

• A surge in trading volume—exceeding 180 million XRP—helped drive the breakout above the $1.20 resistance level.

• However, selling pressure emerged near $1.25, erasing part of the gains and refocusing traders on whether the former resistance zone can now act as support.

Technical Analysis
• The move confirmed a breakout from the consolidation range seen in early June.