XRP briefly loses $1.14 support before buyers drive sharp rebound

Markets XRP briefly loses $1.14 support before buyers drive sharp rebound Heavy selling pushed XRP to its lowest level of the weekend session, but strong buying quickly erased most of the decline and returned the token to its recent trading range. By Shaurya Malwa Jun 22, 2026, 5:17 a.m. 2 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Summary Show XRP briefly broke below key support near $1.13 on heavy volume before rebounding toward $1.15, keeping the token within its monthlong trading range. The swift recovery from a session low around $1.12 suggests buyers remain active in the $1.10 to $1.15 support zone, even as short-term resistance holds near $1.15. Traders are watching for a sustained break outside the broader $1.10 to $1.30 range, which could offer the first clear directional signal for XRP in weeks. XRP briefly broke below a closely watched support level on Sunday before buyers stepped in. The token fell to roughly $1.12 on some of the session's heaviest volume, then rebounded toward $1.15 within hours, leaving traders focused less on the decline itself and more on whether the latest test of support signals accumulation or another pause in a broader downtrend. News Background • XRP continues to trade inside the same broad $1.10-$1.30 range that has contained price action for most of June. • Analysts remain split between viewing the range as a base-building phase and a continuation pattern within a larger downtrend. Price Action Summary • XRP fell from $1.1451 to $1.1383 during the 24-hour session, a decline of roughly 0.6%. • Selling accelerated around 21:00 UTC when volume surged to 85.8 million XRP, pushing price down to a session low near $1.1213. • Buyers quickly absorbed the move, driving XRP back toward $1.148 and recovering most of the breakdown before consolidation set in. Technical Analysis • The initial break below $1.1385 looked significant, particularly because it occurred on the largest volume spike of the session. • The recovery was equally important. XRP reclaimed nearly 80% of the decline and returned to the middle of its recent range. • The failure to hold below $1.13 suggests buyers remain active inside the broader $1.10-$1.15 support zone. • At the same time, the rebound stalled near $1.147-$1.149, reinforcing that area as short-term resistance. What traders should watch • $1.13-$1.14 remains the immediate battleground after absorbing the latest wave of selling. • Resistance sits near $1.147-$1.15, where the rebound lost momentum. • The broader range remains intact between roughly $1.10 and $1.30. • A sustained move outside either side of that range would likely provide the first meaningful directional signal XRP traders have seen in weeks. Latest Crypto News 1 Bitcoin holds near $64,000 as US-Iran talks progress but crypto sits out the rally 19 minutes ago 2 Are perps swaps? A quick look at that CME suit: State of Crypto 10 hours ago 3 Ethereum's biggest 'sandwich' bot drained of $7.5 million in ironic exploit 22 hours ago 4 Bitcoin holds near $64,000 as a renewed Hormuz threat clouds US-Iran ceasefire talks 22 hours ago 5 AI is making crypto security cheaper, faster and harder to ignore Jun 20, 2026 6 How STRC lost its par: The timeline behind Strategy's preferred-stock meltdown Jun 20, 2026 7 Schwab to join prediction markets race with S&P 500 event-based options: WSJ Jun 19, 2026 8 GoMining challenges Jack Dorsey's Square with payments system designed around bitcoin Jun 19, 2026 9 Franklin Templeton proposes new ETFs that turn corporate dividends into bitcoin Jun 19, 2026 10 Smart-contract and DeFi coins lead losses as bitcoin wilts for 4th straight day Jun 19, 2026 Latest Research CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. By CoinDesk Research Jun 15, 2026 In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. Why it matters : In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. View Full Report More From Markets Bitcoin holds near $64,000 as US-Iran talks progress but crypto sits out the rally Bitcoin holds near $64,000 as a renewed Hormuz threat clouds US-Iran ceasefire talks How STRC lost its par: The timeline behind Strategy's preferred-stock meltdown