XRP shows signs of stability above $1. The number of new wallets added to the chain has risen to three months, and there has been an increase in the activity of large households on the exchange, but bulk participation remains cautious, thus limiting the price rebound.

Market concerns remain close to $1.10. Although in recent days the XRP has developed a higher and lower point and the short-line structure has improved, the current trend is more like an in-house rebound than a clear fix.

Add Wallet and ETF Fund Strong

XRP Ledger adds 4941 one-day wallets, the highest level in three months, showing upswings in the chain. At the same time, in June, the net inflow of XRP ETF exceeded $62 million, with a cumulative net inflow of about $1.48 billion.

Of this amount, a single-day net inflow was $15.34 million on 29 June and Bitwise contributed $11.94 million. This indicates that institutional funds continue to enter XRP-related products.

  • XRP Ledger New Wallet One Day: 4941
  • June XRP ETF Net Inflow: Over $62 million
  • Cumulative net inflows: approximately US$ 14.80 billion

The whale is more active than the family.

CryptoQuant data show that All CEX Whale vs Retail Spread rose to 50.9 per cent, compared to 44.6 per cent for Binance. This means that the large holders are more highly traded, and that there is still no visible follow-up.

This fragmentation usually suggests that the market is trying to build up a hold, but the buyout has not spread to a wider range of participants. In the case of XRP, there may still be limitations on the price-side space in the absence of broader follow-up funding.

1.10 The United States dollar remains a key barrier

As of 2 July 04:16 UTC, XRP has increased by 1.41 per cent over the past 24 hours, reporting US$ 1.0613. This performance, however, lags behind the overall encryption market, which indicates that the current round is limited.

The breakout in this round occurred mainly at 03:27 UTC, XRP with an increase of $1.0560, when the trade reached 5.34 million, a 1433 per cent increase over the average of one hour before. The purchase subsequently continued to 03:53 UTC, and the price rose to approximately $1.0665.

On a broader scale, however, 24-hour engagement is only 5.95 per cent higher than the 7-day average, which is not yet sufficient to support a full reversal of the trend. The XRP is still below several main averages, 20 of which EMA is about $1.11 and 50 is about $1.20.

In short, $1.0560 to $1.0590 is the breakout area that needs to be secured and $1.0665 is the next resistance. If prices continue to be blocked, the focus of the market may return to the US$ 1.04 and US$ 1.00 supporting areas.