Jul 2, 2026, 6:20 a.m.
2 min read
Summary
- XRP is showing signs of accumulation above the $1.00 support, with higher lows forming even as the price remains below key moving averages and major resistance near $1.10.
- Network and institutional signals are strengthening, with daily new wallet creations hitting a three-month high and June XRP ETF inflows topping $62 million for roughly $1.48 billion in cumulative net flows.
- Traders are watching the $1.0560–$1.0590 breakout zone and $1.0665 resistance, with a sustained move above $1.10 needed to signal a more convincing recovery rather than another range-bound bounce.
XRP is starting to show signs of accumulation near $1, but the chart has not fully caught up. The token edged higher after a sharp intraday volume spike, while new wallet creation reached its strongest level in three months and whale activity diverged from cautious retail positioning. That puts the focus on whether buyers can turn support defense into a move back above $1.10.
News Background
• XRP Ledger recorded 4,941 new wallet creations in a single day, the strongest daily growth in more than three months.
• CryptoQuant data showed the All CEX Whale vs Retail Spread at 50.9%, with Binance’s measure at 44.6%, pointing to stronger large-holder activity while retail participation remained cautious.
• XRP spot ETFs added $15.34 million in net inflows on June 29, with Bitwise accounting for $11.94 million of that total.
• June inflows across XRP ETFs surpassed $62 million, taking cumulative net flows to roughly $1.48 billion.
Price Action Summary
• XRP rose 1.41% to $1.0613 during the 24-hour session ending July 2 at 04:16 UTC.
• The token underperformed the broader crypto market by 1.27%, showing that the move was still modest despite stronger network and whale activity.
• The main breakout came at 03:27 UTC, when XRP pushed through $1.0560 on volume of 5.34 million, a 1,433% jump from the preceding hourly average.
• Buying continued through the 03:27-03:53 UTC window, with total volume of 11.31 million as price reached a session high near $1.0665.
Technical Analysis
• The key development is that XRP continues to build higher lows above the $1.00 support area, with $1.0318 and $1.0410 forming the base of the latest recovery attempt.
• The breakout above $1.0560 improved the short-term structure, but the move still needs follow-through above $1.0665 to avoid turning into another range-bound bounce.
• Volume was strong during the breakout window, but 24-hour activity was only 5.95% above the seven-day average, which keeps the broader move from looking like a full trend shift.
• XRP remains below major moving averages, with the 20-day EMA near $1.11, the 50-day near $1.20, the 100-day near $1.31 and the 200-day near $1.52.
• Momentum has improved from oversold levels, but RSI near 33 and negative Chaikin Money Flow show that buyers still have not fully regained control.
What traders should watch
• $1.0560-$1.0590 is the immediate breakout zone bulls need to defend.
• $1.0665 is the first resistance level after capping the latest advance.
• $1.10-$1.11 remains the key test, where the 20-day EMA and Bollinger midline sit.
• A reclaim of $1.10 would shift attention toward $1.20, while failure to hold $1.04 would put the $1.00 support area back in focus.
• Until XRP clears $1.10, the market remains a support-base trade with improving network data and whale activity, not a confirmed recovery.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Building the Zcash Machine: Tachyon and Quantum Readiness
Building the Zcash Machine: Tachyon and Quantum Readiness
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Jun 30, 2026
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Why it matters:
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.