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<p>XRP price traded near $1.20 on June 17 as buyers tried to hold a narrow support zone while ETF inflows and spot demand improved.</p>
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 <div class="cn-block-summary__nav tabs"><span>Summary</span>
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   <li>XRP price now sits near $1.20 as ETF inflows return but momentum remains fragile.</li>
   <li>Spot demand has improved, yet Binance perpetual selling shows traders still lean against the rebound.</li>
   <li>Support near $1.19 and $1.14 now decides whether XRP can retest higher resistance levels next.</li>
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<p>According to crypto.news market <a href="https://crypto.news/price/xrp/" rel="noopener noreferrer nofollow">data</a>, XRP fell 3.29% over 24 hours, with trading volume at $1.76 billion. The token ranged between $1.20 and $1.25, while its market cap stood at about $74.45 billion.</p>
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<h2 class="wp-block-heading" id="strong-xrp-price-holds-1-20-as-etf-inflows-return-strong"><strong>XRP price holds $1.20 as ETF inflows return</strong></h2>
<p>The latest pullback came after XRP briefly pushed above $1.26 and reached as high as $1.2996, according to levels tracked by analyst EGRAG Crypto. He said the next task is to see whether XRP can turn old resistance into new support.</p>
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   <p><a href="https://x.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> 4H Update: Targets Hit One by One 🎯🔥( Update): <br><br>Yesterday the map was clear:<br>▫️ Hold $1.14 → retest $1.1938<br>▫️ Break $1.1938 → target $1.2600<br>▫️ Lose $1.09 → risk toward $1.05<a href="https://x.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> did exactly what the structure suggested.<br>▫️First, price held the $1.14 battleground… <a href="https://t.co/IvzdElDZ3C" rel="noopener noreferrer nofollow">pic.twitter.com/IvzdElDZ3C</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://x.com/egragcrypto/status/2066793052216119605?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 16, 2026</a>
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<p>EGRAG wrote that holding above $1.19 keeps the “structure remains bullish,” while a move below that level could open a retest of lower support. He also said a loss of $1.14 would weaken the setup again.</p>
<p>ETF flows remain a key support factor. XRP products recorded a second straight week of inflows, adding $10.68 million and lifting cumulative inflows near $1.44 billion.</p>
<p>Daily flows also improved. <a href="https://sosovalue.com/assets/etf/Total_Crypto_XRP_ETF_Fund_Flow?page=usXRP" rel="noopener noreferrer nofollow">According</a> to SoSoValue, XRP products added $5.30 million on June 16, up from $2.82 million on June 15. Total net assets still slipped to $1.06 billion from $1.11 billion, showing that price weakness offset some demand.</p>
<figure class="wp-block-image size-large"><img width="1024" height="250" src="https://media.crypto.news/2026/06/image-221-1024x250.webp" alt="XRP Spot ETF Net Inflow, source: SoSoValue">
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  XRP Spot ETF Net Inflow, source: SoSoValue
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<p>As previously <a href="https://crypto.news/xrp-price-holds-above-1-as-etf-demand-outpaces-bitcoin-eth-for-5-weeks/" rel="noopener noreferrer nofollow">reported</a> by crypto.news, XRP-linked products had already outpaced Bitcoin and Ethereum funds for five straight weeks. That demand has not stopped the chart from staying weak, but it has helped keep XRP above the deeper $1.10 area.</p>
<h2 class="wp-block-heading" id="strong-spot-demand-clashes-with-binance-short-pressure-strong"><strong>Spot demand clashes with Binance short pressure</strong></h2>
<p>CryptoQuant analyst Amr Taha <a href="https://cryptoquant.com/quicktake/6a321573a8af494cbea1fc84-XRP-Reclaims-120-as-Spot-CVD-Hits-Mid-May-High-While-Binance-Perp-CVD-Crashes-to" rel="noopener noreferrer nofollow">said</a> XRP reclaimed $1.20 while spot cumulative volume delta rose to $267.4 million, its highest level since mid-May. He said the same metric stood near negative $177 million on April 12.</p>
<p>The reading suggests spot buyers have returned across exchanges. That matters because spot buying reflects direct demand for XRP, not only leveraged trading.</p>
<p>The derivatives market tells a different story. Taha said Binance perpetual CVD fell to a record low near negative $792.5 million, down from about negative $218 million on May 12.</p>
<p>This means Binance perpetual traders kept selling even as spot demand improved. With open interest near $251 million, leverage has not fully left the market. If spot buyers keep absorbing that pressure, short positions may face stress. If demand fades, the same setup may increase downside risk.</p>
<p>Moreover, BankXRP also pointed to a deposit and withdrawal pattern on Binance. The analyst said XRP printed the same exchange flow signal that appeared near the last two cycle bottoms, though he warned the sample size is small.</p>
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   <p><a href="https://x.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> just printed the same Binance deposit/withdrawal signature that flagged its last two cycle bottoms.<br><br>In June 2025 and again in April 2026, a sharp spike in deposit transactions (coins moving onto the exchange, signaling sell pressure) was followed almost immediately by a… <a href="https://t.co/P3e2not5Z2" rel="noopener noreferrer nofollow">pic.twitter.com/P3e2not5Z2</a></p>— 𝗕𝗮𝗻𝗸XRP (@BankXRP) <a href="https://x.com/BankXRP/status/2067134402925297897?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 17, 2026</a>
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<h2 class="wp-block-heading" id="strong-technical-setup-keeps-xrp-inside-the-range-strong"><strong>Technical setup keeps XRP inside the range</strong></h2>
<p>Bollinger Bands show XRP trading near the middle band. Price was near $1.1957, close to the middle band around $1.1948, while the upper band sat near $1.3471 and the lower band near $1.0425.</p>
<p>That position shows XRP is not at a clear volatility extreme. The bands also look compressed compared with earlier moves, which points to consolidation rather than a confirmed breakout.</p>
<figure class="wp-block-image size-large"><img width="1024" height="627" src="https://media.crypto.news/2026/06/image-222-1024x627.webp" alt="XRP price chart, source: crypto.news">
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  XRP price chart, source: crypto.news
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<p>A move toward the upper band near $1.35 would show better strength. A rejection from the middle band would keep XRP range-bound and leave sellers in control of short-term direction.</p>
<p>The RSI stood at 45.71, still below the neutral 50 level. Its moving average was near 34.62, meaning downside pressure has eased, but momentum has not fully turned positive.</p>
<h2 class="wp-block-heading" id="strong-key-xrp-levels-decide-the-next-move-strong"><strong>Key XRP levels decide the next move</strong></h2>
<p>EGRAG’s daily map places $1.11 as the survival zone, $1.21 as first strength, and $1.28 as the next level where structure improves. He said $1.35 to $1.38 would show stronger buyer control, while $1.51 remains the major breakout area.</p>
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  https://twitter.com/egragcrypto/status/2066797669457031500
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<p>That view matches the current range. XRP must hold $1.19 first, then reclaim $1.28 and $1.35 before a wider recovery can gain force. A break below $1.14 would put $1.11 and $1.05 back in focus.</p>
<p>As crypto.news reported earlier, XRP had already <a href="https://crypto.news/xrp-price-analysis-can-bulls-defend-1-14-after-etf-outflows/" rel="noopener noreferrer nofollow">faced pressure near $1.14</a> after ETF outflows and whale selling weakened the market in early June. More recent coverage also noted that <a href="https://crypto.news/xrp-price-eyes-1-30-as-whale-accumulation-boosts-rebound/" rel="noopener noreferrer nofollow">whale accumulation</a> and $1.30 resistance remain key factors after the latest rebound.</p>
<p>The market now has two competing signals. ETF inflows and spot CVD point to demand, while weak RSI, compressed Bollinger Bands, and heavy Binance short pressure show caution.</p>
<p>Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.</p>
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XRP price tests $1.20 as ETF inflows fight short pressure

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