XRP Holds Firm at $1 as Fundamentals Improve and Speculative Pressure Eases

Active addresses have risen 72% over the past two weeks, while open interest has dropped to its lowest level since July 2025, leaving XRP with a cleaner setup even as price continues to struggle below resistance.

The asset is no longer weighed down by the heavy leveraged positioning that fueled its earlier decline, but buying pressure remains insufficient to shift the broader market structure.

XRP continues to trade above the $1 level and has posted modest gains, supported by improving network activity and steady ETF inflows. Traders are now evaluating whether stronger fundamentals and reduced leverage can translate into a sustained move above $1.10.

News background:
Daily active addresses increased from about 23,000 on June 14 to nearly 39,500 by June 27, marking a 72% jump in two weeks.

Open interest across major exchanges has collapsed from roughly 1.3 billion to under 150 million, significantly reducing the leveraged exposure built during the prior rally.

XRP spot ETFs have now logged eight consecutive weeks of inflows, totaling $144.7 million, even as broader crypto funds weakened. On June 26, XRP ETFs saw $15.6 million in inflows, while Bitcoin ETFs recorded $444.5 million in outflows and Ether funds lost $12.9 million.

Price action:
XRP climbed from $1.0451 to $1.0544 over the 24-hour period, a 1.59% gain.

The token traded in a tight $0.0435 range and held consistently above the key $1.00 support level.

A notable spike in activity occurred on June 29 at 17:00, when volume reached 86.5 million XRP, around 67% above the daily average.

Price later consolidated between $1.03 and $1.06, reflecting a sideways market rather than a confirmed recovery trend.

Technical outlook:
XRP continues to defend the $1.00 level despite a 19% monthly decline.

The unwinding of leverage has improved market conditions, with open interest sharply lower, funding rates turning negative, and forced liquidations clearing out crowded trades.

On-chain metrics are relatively stronger than price action, with rising active addresses and steady ETF inflows, though XRP remains below key moving averages.

Resistance is seen near $1.10, followed by the 50-day EMA at $1.20 and the 100-day EMA at $1.31.

The 4-hour RSI has rebounded to around 46 but remains below the neutral 50 threshold.

Key levels to watch:
$1.00 remains the critical support; a breakdown would expose $0.90–$0.87.

Immediate resistance lies at $1.06, followed by $1.09–$1.10 where recent rallies have stalled repeatedly.

A breakout above $1.20 would be the first clear signal of a broader recovery phase.

Until XRP moves decisively above $1.10 or loses $1.00, price action is likely to stay range-bound, with improving fundamentals but no confirmed trend reversal.