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XRP needs to break $1.20-$1.25 to confirm trend reversal

June 12, 2026, 7:17 AM
Although XRP has recovered to $1.14 following last week's sharp decline, a true trend reversal is unlikely unless it can break through the $1.20-$1.25 resistance zone, CoinDesk reported. The media outlet noted that at 5:00 p.m. UTC on June 11, trading volume surged to 120.2 million XRP—more than 160% above average—breaking the $1.1220 resistance level. Continued buying pressure then pushed the price past $1.14. Unlike previous rebounds since February that quickly faded, this rally is supported by significant trading volume. However, XRP remains below a downtrend line established in early 2026, trapping it between a short-term rebound and a long-term bearish structure. Previous recovery attempts this year have all stalled below the $1.20-$1.25 area, which many analysts view as a key inflection point. A successful break above $1.25 would set the next targets at $1.40 and then $1.50. Conversely, a rejection at this resistance would likely solidify the downtrend, shifting focus back to the $1.09 support level. Some bearish analysts believe a final drop to $0.90 is necessary to form a true market bottom.

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