NewsVideoPricesResearchEventsData & IndicesSponsored Jun 22, 2026, 5:17 a.m. 2 min readSummaryXRP briefly broke below key support near $1.13 on heavy volume before rebounding toward $1.15, keeping the token within its monthlong trading range.The swift recovery from a session low around $1.12 suggests buyers remain active in the $1.10 to $1.15 support zone, even as short-term resistance holds near $1.15.Traders are watching for a sustained break outside the broader $1.10 to $1.30 range, which could offer the first clear directional signal for XRP in weeks.XRP briefly broke below a closely watched support level on Sunday before buyers stepped in.The token fell to roughly $1.12 on some of the session's heaviest volume, then rebounded toward $1.15 within hours, leaving traders focused less on the decline itself and more on whether the latest test of support signals accumulation or another pause in a broader downtrend.News Background• XRP continues to trade inside the same broad $1.10-$1.30 range that has contained price action for most of June.• Analysts remain split between viewing the range as a base-building phase and a continuation pattern within a larger downtrend.Price Action Summary• XRP fell from $1.1451 to $1.1383 during the 24-hour session, a decline of roughly 0.6%.• Selling accelerated around 21:00 UTC when volume surged to 85.8 million XRP, pushing price down to a session low near $1.1213.• Buyers quickly absorbed the move, driving XRP back toward $1.148 and recovering most of the breakdown before consolidation set in.Technical Analysis• The initial break below $1.1385 looked significant, particularly because it occurred on the largest volume spike of the session.• The recovery was equally important. XRP reclaimed nearly 80% of the decline and returned to the middle of its recent range.• The failure to hold below $1.13 suggests buyers remain active inside the broader $1.10-$1.15 support zone.• At the same time, the rebound stalled near $1.147-$1.149, reinforcing that area as short-term resistance.What traders should watch• $1.13-$1.14 remains the immediate battleground after absorbing the latest wave of selling.• Resistance sits near $1.147-$1.15, where the rebound lost momentum.• The broader range remains intact between roughly $1.10 and $1.30.• A sustained move outside either side of that range would likely provide the first meaningful directional signal XRP traders have seen in weeks.12345678910