XRP Reclaims $1.14 as Volume Surge Tests Key Resistance

XRP bounced from last week’s sell-off and climbed back above $1.14, gaining 3.3% during a 24-hour session from $1.1080 to $1.1442. The move pushed the token through resistance around $1.1220, with buying continuing into the close after a sharp increase in trading volume.

The rally matters because recent XRP rebounds have tended to fade, while this move came with stronger participation. CoinDesk reported that volume reached 120.2 million XRP during the June 11 17:00 UTC session, more than 160% above average, making the breakout more notable than thinner recovery attempts.

The market backdrop also includes Ripple’s push to expand regulated payment activity on the XRP Ledger. Bitso’s MXN-backed stablecoin, MXNB, is set to launch on the ledger and integrate with Ripple’s Payments on Decentralized Exchange infrastructure, while Ripple’s RLUSD and Bitso’s MXNB are intended to support on-chain dollar and peso liquidity for enterprise payment flows.

Even with the short-term strength, XRP remains below the broader descending trendline that has shaped its downtrend since early 2026. That leaves the token in a mixed position: buyers have produced a near-term reversal, but the larger market structure has not yet clearly shifted.

For now, traders are focused on whether $1.14 can hold as support and whether XRP can break the $1.20-$1.25 resistance zone, where prior recoveries this year have stalled. A failure near resistance would put attention back on the $1.09 support area, while a clean move above $1.25 would shift focus toward higher levels cited by analysts in the source report.