XRP Tests Key Resistance as ETF Inflows Surge
XRP traded near $1.14 on July 6, 2026, marking a 0.21% increase over the previous 24 hours, according to crypto.news price data. The asset moved between $1.13 and $1.16 during the session, with 24-hour volume standing near $1.25 billion. XRP holds the sixth spot by market value, with a market cap of approximately $70.98 billion. The token has gained 8.77% over seven days and 4.23% over the past month, but remains down 48.95% over the past year.
Price Action and Key Levels
The latest price action shows a market attempting to recover after a sharp decline. XRP moved above the $1.14 area that had previously blocked attempts, but sellers appeared near $1.158 and pushed the token back toward $1.146, turning the session into a support test. Buyers need the former $1.14 resistance area to hold as a base. If the level fails, XRP could move back toward $1.10, where recent recovery attempts have found demand.
Technical Indicators Show Cautious Improvement
The Relative Strength Index (RSI) stands at 51.79, above its moving average at 39.69, indicating that buyers have regained some short-term momentum. However, the reading is only slightly above the neutral 50 level, so the recovery remains measured rather than strong. The Moving Average Convergence Divergence (MACD) also shows improving short-term conditions: the histogram is positive near 0.0165, while the MACD line sits near -0.0173 and above the signal line near -0.0338. This setup confirms a bullish crossover and shows that bearish momentum has eased.
ETF Inflows Signal Institutional Demand
XRP spot ETFs recorded a ninth consecutive week of inflows, adding $17.19 million despite wider weakness across crypto funds. This performance stands out because Bitcoin and Ethereum ETFs saw net outflows during the same period. Crypto.news has tracked this rotation for several weeks, noting that XRP funds attracted capital while Bitcoin and Ethereum funds lost capital, showing selective demand for XRP-linked products during a weak market phase.
The demand picture also aligns with earlier fund data. XRP spot ETFs in the U.S. and Europe have topped $200 million in year-to-date inflows, while XRP funds also posted strong monthly inflows in May. However, ETF demand does not guarantee a price rally. It does show that regulated buyers continue to add XRP exposure while the spot token remains below major resistance. This gap between fund demand and weak price action keeps $1.20 important for traders.
The CLARITY Act remains another market factor. The bill missed its expected July 4 target, and traders now look toward the next Senate window. A longer delay could slow one of XRP’s main regulatory catalysts.
Supply Dynamics and Analyst Outlook
Exchange Supply at Seven-Year Low
XRP exchange supply has fallen to a seven-year low near 1.6 billion tokens, down about 50% from the October 2025 peak of 3.76 billion. CryptoQuant analyst Arab Chain noted that Binance’s XRP Scarcity Index rose to about 0.77, its highest level since mid-2024, suggesting XRP has become less available on Binance due to lower deposits, higher withdrawals, or more off-exchange holding. A lower tradable supply can reduce selling pressure if demand increases, but it does not confirm that price will rise. The next move still depends on whether buyers continue to absorb supply near resistance.
Analyst Views on the Two-Week Compression
EGRAG CRYPTO said XRP is caught inside a major two-week decision zone. The analyst stated that XRP is not fully bullish or bearish and remains in compression on the two-week chart. In that view, $1.20 is the first level that would show bulls have regained control. The analyst also highlighted that the upper wick showed sellers defending resistance around $1.40 and $1.65, while the lower wick showed buyers defending the $1.00 to $1.05 area. The near-term map is clear: XRP needs to hold $1.10 to keep the rebound alive, reclaim $1.20 to regain buyer control, and clear $1.40 to show stronger momentum. A move below $1.05 would bring caution, while a break under $0.96 would point to renewed weakness.
