XRP price teases $1.16 breakout as ETFs register seven straight weeks of inflows
XRP price rejected at $1.16 despite seven straight weeks of ETF inflows, with focus now on the resistance at $1.15 and support at $1.08.
XRP made a run at $1.16 earlier today before fading back to around $1.13 at press time.
Notably, the rejection came just two sessions after the token dipped to $1.12 on Sunday, so the range it has traded in for most of June is still very much intact.
For sharp XRP analysis and smarter calls, subscribe below before the limited offer comes to an end
Reports that the US and Iran made progress in their first round of peace talks, with both sides targeting a final agreement within 60 days, lifted risk appetite across crypto on Monday.
However, XRP is down more than 4% on the week and over 13% on the month, making today’s rejection at $1.16 fit a pattern rather than breaking one.
Seven weeks of ETF inflows, but thinner derivatives backing
Spot XRP ETFs have logged net inflows for seven straight weeks, per SoSoValue
Last week’s inflows totaled to $10.66 million
Cumulative inflows since launch total $1.45 billion
Net assets under management: $994.81 million
Futures open interest (Monday): $2.55 billion, down from $2.63 billion a day earlier
July’s record open interest: $10.94 billion, far above current levels
According to Coinglass’s snapshot (a day earlier), the open interest is about $2.66 billion, up 1.23%
Futures volume: up roughly 50% to $2.08 billion
Options volume: $609,170
options open interest: $65.47 million
The chart still has the final say
XRP’s rejection at $1.16 keeps it inside the $1.10–$1.30 range that has held since early June
XRP needs a daily close above $1.15 to flip it back to support
$1.20 is the next target once $1.15 is reclaimed
50-day, 100-day, and 200-day EMAs remain above the XRP price
The MACD line has crossed above its signal line, but both are still below the zero mark
The MACD histogram has been in the green since June 14, 2026
The RSI is at 40.25, up from recent lows but still short of the neutral 50 level
Analysts’ projections
Some analysts are looking well past the current range.
Javon Marks has kept a long-term measured-move target near $17 in place, writing on social media that “the move just doesn’t look done” and pointing back to his earlier call that tracked XRP from roughly $0.50 to above $3.30.
Market commentator Diana takes a similar long-term view, framing XRP’s 68% drop from its $3.66 cycle peak as a deep correction that may already be over. She sees a move through $2.00 to $2.50 as the next real test, with $8.17 floated as a further target if that breakout extends.
Both calls depend on levels XRP hasn’t come close to yet.
For now, the more useful reference points are the ones sitting right in front of the price: $1.15 and $1.20 on the way up, $1.08 on the way down. Everything past that is a longer-term bet, not a near-term signal.
Make sure you’re not left behind, subscribe to get the news and price movements as they happen