XRP is flashing early recovery signals after plummeting more than 20% in June. The token briefly dipped near $1.01 amid a broader crypto sell-off that pushed traders into safer positions. Despite marking its weakest monthly performance since February 2025, several technical indicators, consistent exchange-traded fund (ETF) inflows, and a historically strong July performance are giving traders reason to watch closely. However, analysts caution that the setup ”does not confirm a full reversal” as XRP trades near key support levels.
Technical Indicators Suggest Selling Pressure Is Easing
Crypto analyst Ali Martinez reported that the Tom DeMark Sequential indicator has flashed a buy signal on XRP’s daily chart. This tool is used to identify when a trend may be nearing exhaustion after a sustained move in one direction. According to Martinez, similar signals on XRP have occasionally preceded rebounds lasting between one and four daily candles. However, the indicator only points to a possible short-term recovery—it does not confirm a lasting bottom.
XRP has also formed a Morning Star Doji pattern across three daily candles, a classic reversal pattern that appears after a steep decline when selling pressure weakens and buyers begin to step in. Martinez noted that the combination of these two signals suggests sellers ”may be losing control,” but further confirmation is still required.
For a recovery to gain traction, XRP needs stronger trading volume and a move above nearby resistance. The first barrier sits near $1.10. A confirmed break above that level could open the door to $1.15 and then $1.20.
XRP ETF Inflows Top $15 Million as Total Assets Reach $934 Million
US-listed spot XRP ETFs recorded $15.63 million in daily net inflows on June 26, according to SoSoValue data. Total net assets across the funds reached $934.26 million while XRP traded near $1.05. Bitwise led with $11.66 million in inflows, followed by Franklin’s XRPZ fund at $3.97 million. Products from Canary, 21Shares, and Grayscale reported no daily net inflows.
Bitwise also held the largest share of XRP ETF assets, with $293.49 million, while Franklin’s XRPZ held $235.20 million and Canary’s fund held $234.97 million. The inflows indicate that some investment demand remained active despite the June decline, though ETF activity alone cannot determine XRP’s next price move. Traders are also watching broader market conditions, Bitcoin’s direction, and liquidity.
Bulls Defend $1.05 as July History Offers Cautious Optimism
XRP traded near $1.06 on the four-hour chart, with buyers defending the $1.05 area. The broader $1.00 level also held as a key support during the latest decline. A move above $1.10 could support a recovery toward $1.15, and additional buying might then target $1.20. Martinez identified $1.30 as a larger goal, though XRP previously faced strong selling near that price.
Downside risks persist. XRP must hold support near $1.06 to avoid another test of $1.00. Martinez warned that a clear breakdown could expose lower realized-price zones near $0.80, $0.62, and $0.51.
Meanwhile, XRP has recorded positive returns in July for each of the past six years, most with double-digit gains, including strong advances in 2020 and 2023. Still, analysts caution that ”past July gains do not guarantee another rally,” especially while market sentiment remains weak.
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