As of information on July 6, 2026, XRP briefly broke through the key resistance level of $1.14 on high trading volume, then pulled back, turning this level into an important support test.



Some facts about the situation with XRP on this day:
Spot XRP ETFs saw their ninth consecutive week of net inflows, increasing by $17.19 million.

According to Santiment, XRP's 30-day MVRV is around -45%, and its 365-day MVRV is around -47%, meaning that most holders remain at a loss across both short and long timeframes.

Traders are closely watching support levels in the range of $1.14 to $1.145 and resistance at $1.155, then from $1.17 to $1.20.

#xrp #XRP$XRP,
XRP-1.67%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
AirdropsAfterTheTideRecedes
· 1h ago
ETF has been attracting capital for nine consecutive weeks, and this capital flow is indeed strong, but the MVRV double kill of -45%/-47% indicates that most are still underwater. Breaking 1.14 is just the first step; whether it can hold steady is the key.
View OriginalReply0
GateUser-ecf4759e
· 2h ago
Trading volume expanded but quickly pulled back, short-term bulls are a bit weak. At this level, I prefer to wait and see, and consider after the daily chart stabilizes.
View OriginalReply0
0xLateDinner
· 3h ago
1.14 is a support test—classic script. The real fight is the resistance zone above 1.17–1.2. Brothers with high holding costs, wait a bit longer.
View OriginalReply0
  • Pinned