South Korea · CoinDesk
XRP gives back gains after 10% rally as traders take profit near $1.25
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
★ Tier-1 Source
XRP finally broke through the $1.20 level that had capped rallies for weeks, but buyers couldn't keep control of the move.
Key facts
- A move back below $1.20 would weaken the bullish case and raise the risk of another return toward the $1.14-$1.15 area
- In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024
- XRP ETFs recorded a second straight week of inflows, attracting $10.68 million and lifting cumulative inflows to roughly $1.44 billion
- XRP climbed from roughly $1.14 to a session high near $1.25 before pulling back
Summary
Strong volume and a confirmed breakout from early-June consolidation improved XRP’s short-term technical picture, but a sustained recovery likely requires a move through the $1.30 area. Traders are watching $1.20 as key support, $1.25 as immediate resistance, and $1.30–$1.32 as the next upside target, with a drop back below $1.20 risking a retreat toward $1.14–$1.15. After climbing as much as 10% and briefly trading near $1.25, the token ran into profit-taking that pushed it off session highs, putting the focus back on whether the breakout can hold rather than how far it can extend. • XRP ETFs recorded a second straight week of inflows, attracting $10.68 million and lifting cumulative inflows to roughly $1.44 billion.