$1.10 Support

XRP is снова testing the lower edge of a tight range that has held through most of June, with traders watching to see whether $1.10 can still act as support. The token has spent weeks compressing between overhead resistance and that floor, but each bounce has been weaker than the last.The latest move was modest, yet it matters because the market has struggled to turn rebounds into follow-through. That leaves XRP at an inflection point where buyers either step in decisively or risk letting the range finally give way.Support Under PressureXRP fell from $1.1313 to $1.1109 in the 24-hour session, a decline of 1.8%. The sharpest selling arrived during a June 22 reversal, when volume climbed to 65.4 million XRP, about 84% above average.Price then drifted lower through most of the session before probing support near $1.10 into the close. The pattern keeps traders focused on whether the floor can hold after several weeks of compression.What Traders Are WatchingInstitutional interest has not disappeared, even as the price action softens. XRP ETFs drew another $2.4 million in inflows on June 20, extending a run of buying that has continued alongside weaker retail sentiment.At the same time, analysts are still tracking the year-long downtrend from XRP's 2025 highs, with $1.28 to $1.30 standing out as the level that would need to change the broader structure. Network activity has also softened recently, while futures positioning and open interest have drifted lower.A Narrow Market, A Clearer TestFor now, XRP remains trapped inside the same range that has defined most of June. That leaves the next move dependent on whether buyers can defend $1.10 or whether the market finally breaks out of the compression that has limited every rebound so far. Read more at: www.coindesk.com

XRP Slips Back Toward $1.10, and Traders Are Waiting for the Range to Break