Cryptocurrency15 Jun 2026SEO 801 min read

Analysis: XRP rockets 8% above $1.20 in first major breakout since June selloff

Heavy volume pushed XRP through multiple resistance levels, with traders now focused on whether the rally can extend toward $1.30 after weeks of defensive posi…

Heavy volume pushed XRP through multiple resistance levels, with traders now focused on whether the rally can extend toward $1.30 after weeks of defensive positioning. XRP broke above resistance at $1.14, $1.18 and $1.20 on its strongest volume since early June, prompting traders to reassess expectations for further weakness. Growing XRP demand from Asia, led by South Korea’s Upbit, and continued inflows into XRP ETF products totaling about $1.4 billion are underpinning the latest rally. Trader…

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