XRP Rebounds After Brief Drop Below Support Level of $1.14

On June 22, 2026, XRP briefly dropped to approximately $1.12, following a surge in selling volume. The decline occurred around 21:00 UTC, wherein volume peaked at 85.8 million XRP, marking one of the heaviest volume days. Buyers quickly responded, bringing XRP back toward $1.15 and indicating resilience in this support area.

This movement is significant as it reinforces buyer interest within the $1.10 to $1.15 support zone. Nonetheless, the short-term resistance persists near $1.15 as XRP reinforces its position amid the monthlong trading range of $1.10 to $1.30. The recent bounce from the low suggests that traders are not overly concerned about the temporary drop, focusing instead on the implications for future price movement.

"The initial break below $1.1385 looked significant... The recovery was equally important. XRP reclaimed nearly 80% of the decline," noted analysts observing the price action. Futures traders are cautious as they monitor whether XRP will maintain momentum beyond the established range.

• The immediate focus for traders remains on the $1.13-$1.14 range, which has become a battleground after the recent wave of selling.
• Resistance is noted near $1.147-$1.15, where buying momentum appears to stall.
• Traders anticipate that any sustained movement beyond the $1.10 to $1.30 range could provide critical directional insights for XRP in upcoming sessions.