Cryptocurrency16 Jun 2026SEO 801 min read

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

Asian demand and ETF inflows helped push XRP through $1.20, but the token struggled to hold its highs after running into fresh selling near a key resistance zo…

Asian demand and ETF inflows helped push XRP through $1.20, but the token struggled to hold its highs after running into fresh selling near a key resistance zone. XRP briefly broke above the long-standing $1.20 ceiling and touched near $1.25 before profit-taking cut the rally and shifted attention to whether the breakout can hold. Strong volume and a confirmed breakout from early-June consolidation improved XRP’s short-term technical picture, but a sustained recovery likely requires a move thro…

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