XRP has extended its rebound from recent lows, breaking above key resistance at $1.14-$1.15 on the strongest trading volume in weeks. The token rose more than 3% in 24 hours to $1.1866, with volume surging to 107.6 million XRP during the June 14 21:00 UTC session, four times the daily average. Institutional demand remains robust, with XRP-linked ETFs attracting approximately $1.4 billion in cumulative inflows since launch, and whale addresses hitting record highs. Over 25 million XRP have left exchanges, suggesting long-term accumulation. Technical indicators show a bullish RSI divergence and the formation of higher lows and higher highs for the first time in weeks, indicating the recovery may be more than a short-covering bounce. Key levels to watch include support at $1.18 and $1.14-$1.15, and resistance at $1.20 and $1.27-$1.30. A move below $1.14 would weaken the bullish case.

Key facts

• XRP broke above $1.14-$1.15 resistance on highest volume since sell-off began
• XRP-linked ETFs attracted $1.4 billion cumulative inflows; whale addresses at record highs
• Over 25 million XRP left exchanges, indicating long-term accumulation
• Bullish RSI divergence and higher lows/higher highs suggest trend reversal
• Key levels: support $1.18, resistance $1.20 and $1.27-$1.30

KeyAudit data perspective