XRP briefly dipped to $1.12 on high trading volume, but buyers quickly drove the price back to $1.15. This fluctuation keeps the token within its established range of $1.10 to $1.30 for June.
The recovery hints at active buyer interest in the support zone, though short-term resistance remains around $1.15. Analysts are divided on whether this trading pattern represents a foundation for future growth or a continuation of a downtrend.
Traders are monitoring for a decisive movement outside the $1.10 to $1.30 range, which could provide new directional momentum for XRP in the coming weeks. The immediate focus is on the $1.13 to $1.14 level, where further buying activity is anticipated.