XRP Holds $1.10 Support as ETF Inflows Grow, but Caution Lingers

XRP held above the closely watched $1.10 level on June 11, recovering from recent weakness and gaining about 1% over the 24-hour session. CoinDesk reported that the token climbed to $1.1141 after dipping near $1.11, with a late surge in volume briefly pushing it above $1.12.

The stabilization matters because XRP is still under pressure compared with the broader crypto market. While institutional flows into XRP-linked products continued, the token underperformed major crypto benchmarks by nearly two percentage points, suggesting that buyers have not yet regained clear control.

XRP-linked investment products drew another $6.75 million in inflows, bringing cumulative ETF inflows to about $1.44 billion, according to the report. Futures trading activity also rose sharply to roughly $5 billion during the session, but open interest remained near cycle lows, pointing to short-term repositioning rather than strong long-term conviction.

Technical signals remain mixed. XRP is still trading below its 50-day, 100-day and 200-day moving averages, leaving the broader downtrend intact despite the short-term bounce. The first resistance zone traders are watching sits around $1.12 to $1.13, with the latest rally having stalled near $1.1352.

The $1.10 area remains the key support level. A sustained hold above it would keep the stabilization attempt alive, while a loss of the $1.05 to $1.10 zone could refocus attention on the psychologically important $1.00 level. Separately, the XRP Ledger’s version 3.2.0 upgrade is scheduled for June 15 and is expected to reduce server memory requirements while renaming the core software from “rippled” to “xrpld.”