XRP Eyes $1.20 Breakout As Upbit Flows Hit Highest Share Since May 2024
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XRP traders have a cleaner setup to watch this week: the $1.20 level on the chart, and a sharp rotation in wallet-flow activity toward South Korea’s Upbit exchange.
Key facts
CryptoQuant data shows Upbit’s XRP Net Wallet Flow Dominance rose from 13% on June 7 to 31% on June 14, reaching its highest level since May 2024
For XRP bulls, the ideal setup is straightforward: Upbit activity remains elevated, price breaks above $1.20, and the broader altcoin market does not roll
XRP traders have a cleaner setup to watch this week: the $1.20 level on the chart, and a sharp rotation in wallet-flow activity toward South Korea’s Upbit exchange
The $1.20 area is useful because it is both simple and visible
Summary
CryptoQuant data shows Upbit’s XRP net wallet flow dominance rising from 13% to 31% between June 7 and June 14. The setup gives bulls a clear level to watch, but XRP still needs price confirmation. CryptoQuant data shows Upbit’s XRP Net Wallet Flow Dominance rose from 13% on June 7 to 31% on June 14, reaching its highest level since May 2024. XRP has always had a distinctive trading profile.