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XRP Rally Cools After 10% Surge as Traders Take Profits Near $1.25
XRP posted a strong rally on June 16, climbing nearly 9% and briefly reaching $1.25 after breaking above the important $1.20 resistance level. However, the token was unable to maintain its momentum as traders began taking profits near the session high.

XRP posted a strong rally on June 16, climbing nearly 9% and briefly reaching $1.25 after breaking above the important $1.20 resistance level. However, the token was unable to maintain its momentum as traders began taking profits near the session high.

The move marked one of XRP’s strongest breakouts in recent weeks. Trading volume surged above 180 million XRP, helping the cryptocurrency push through a price ceiling that had limited gains throughout much of June.
Despite the breakout, selling pressure emerged around $1.25, causing XRP to retreat from its highs and shifting market attention toward whether the token can hold above its newly established support zone.
XRP ETF Inflows and Asian Demand Support Market Strength
Investor interest in XRP remains strong. Spot XRP exchange-traded funds recorded a second consecutive week of net inflows, attracting approximately $10.68 million. Total cumulative inflows into XRP ETF products have now reached around $1.44 billion.
Demand from Asia has also played a major role in the recent rally. Data shows South Korea’s major exchange Upbit accounted for 31% of XRP wallet-flow activity by June 14, up significantly from 13% a week earlier.
On the upside, $1.25 remains immediate resistance after attracting heavy profit-taking. If buyers regain control, attention could shift toward the $1.30 to $1.32 range, which represents the next major target. However, a drop below $1.20 could weaken bullish momentum and increase the risk of a pullback toward the $1.14-$1.15 area.
Live market reaction
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.
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About the author

8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.


