BlocktoBlockto
XRP Price Rises Above $1.14 as Strong Buying Momentum Challenges Key Resistance
ALTCOIN NEWS

Photo: Illustrative

XRP Price Rises Above $1.14 as Strong Buying Momentum Challenges Key Resistance

XRP recorded one of its strongest trading sessions in weeks, climbing more than 3% to trade above $1.14 as buyers returned to the market following last week's decline. The move was supported by a sharp increase in trading activity, signaling renewed interest from investors as the cryptocurrency attempts to reverse its broader downtrend.

Laurisa
By Laurisa

Junior Author · June 12, 2026

2 min
Key takeaways
XRP recorded one of its strongest trading sessions in weeks, climbing more than 3% to trade above $1.14 as buyers returned to the market following last week's decline.
The move was supported by a sharp increase in trading activity, signaling renewed interest from investors as the cryptocurrency attempts to reverse its broader downtrend.
$XRP 4_hour chart XRP Breaks Resistance on Heavy Trading Volume During the latest 24-hour session, XRP advanced from $1.1080 to $1.1442, gaining 3.3%.

XRP recorded one of its strongest trading sessions in weeks, climbing more than 3% to trade above $1.14 as buyers returned to the market following last week’s decline. The move was supported by a sharp increase in trading activity, signaling renewed interest from investors as the cryptocurrency attempts to reverse its broader downtrend.

$XRP 4_hour chart

XRP Breaks Resistance on Heavy Trading Volume

During the latest 24-hour session, XRP advanced from $1.1080 to $1.1442, gaining 3.3%. The biggest move came when trading volume surged to 120.2 million XRP, more than 160% above average levels. The increase in buying pressure helped XRP break through a key resistance area around $1.1220 before extending gains above $1.14.

Ripple Expands XRP Ledger Payment Infrastructure

The positive sentiment was also supported by Ripple’s announcement that Bitso’s MXN-backed stablecoin, MXNB, will launch on the XRP Ledger. The project will work alongside RLUSD and integrate with Ripple’s decentralized exchange payment infrastructure to support regulated cross-border transactions between the United States and Mexico.

Key XRP Price Levels to Watch

Despite the recovery, XRP remains below a major descending trendline that has guided price action lower throughout 2026. Traders are closely watching the $1.20 to $1.25 range, which many consider the key barrier to a larger trend reversal.

A breakout above $1.25 could open the door toward $1.40 and potentially $1.50. However, failure to clear resistance may shift attention back to the $1.09 support level, with some analysts still warning of a possible drop toward $0.90 before a long-term bottom is established.

How markets are positioning

Live market reaction

🛢️WTI Crude
+3.4%
Gold
+1.8%
Bitcoin
-1.8%
$DXY
+0.6%

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

Exclusive partner offer

Start trading
with BloFin today

Up to $500 sign-up bonus and zero-fee trading on your first 30 days.

Buy crypto now

You will be redirected to BloFin

Share article

About the author

Laurisa
Laurisa

Emerging voice in crypto journalism with a background in fintech and digital economics. Covers DeFi, NFTs, and the evolving regulatory landscape.