XRP price steadies above $1.10 amid ETF inflows and mixed technical signals
The XRP token traded near $1.12 on June 11, holding the $1.10 support level after a volatile session. Traders are eyeing $1.12‑$1.13 as the next resistance, while a breach above $1.13 could open a path toward $1.18 and higher. Technical indicators show limited momentum: the RSI sits around 31.7 and the Tom DeMark Sequential has flashed a buy signal, suggesting a possible short‑term rebound, but open interest remains low.
ETF products linked to XRP continue to attract institutional demand. Daily net inflows reached $1.19 million, with total assets across XRP ETFs hovering near $950 million. The funds collectively hold over 840 million XRP, about 1.5 % of the circulating supply. On‑chain data shows a record number of wallets holding 10,000+ XRP, and large holders have moved roughly 340 million tokens onto private addresses, indicating bullish accumulation, even as high‑value transaction volume fell by 57 %.
Overall, XRP remains well below its July 2025 peak of $3.65, down roughly 70 %. While ETF inflows and some on‑chain metrics point to potential recovery, price momentum stays weak and market sentiment remains cautious.