XRP Price Pullback Deepens After Failed Breakout Above $1.25

XRP's attempt to extend its rally above the $1.25 level was short-lived as strong selling pressure quickly erased gains and pushed the cryptocurrency back below $1.23. The move highlighted ongoing market uncertainty and the challenge of absorbing supply left behind from the recent correction.

During the latest 24-hour trading session, XRP declined 3.3%, falling from a high of $1.2619 to a low of $1.2205. The selloff intensified during the afternoon as trading volume surged to 87.5 million XRP, triggering a decisive break below the key $1.2240 support zone. Although buyers attempted a late-session recovery, the rebound stalled near $1.223 before reversing, confirming that level as immediate resistance.

Despite the recent weakness, XRP continues to benefit from positive long-term developments. XRP-focused exchange-traded fund (ETF) products recorded a second consecutive week of inflows, attracting $10.68 million and pushing cumulative inflows to approximately $1.44 billion. Meanwhile, South Korea's Upbit exchange remained a major driver of XRP trading activity, with wallet-flow dominance increasing from 13% to 31% in the week ending June 14.

Ripple also continued expanding its blockchain payment ecosystem through developments involving RLUSD and cross-border settlement initiatives, reinforcing confidence in the network's long-term utility.

From a technical perspective, the most important development was XRP's loss of the $1.22-$1.23 support range. Trading volume expanded during the decline rather than the recovery, suggesting sellers maintained control throughout most of the session. The rejection near $1.223 further strengthened the lower-high pattern that has emerged since XRP failed to sustain momentum above $1.25.

Traders are now closely monitoring the $1.20 level, which remains a critical support zone. A break below this area could open the door to a deeper retracement toward $1.15. On the upside, XRP must reclaim $1.223 and eventually move back above $1.25 to signal that the recent decline was simply profit-taking rather than the start of a broader bearish reversal. While the pullback has weakened momentum, XRP's broader recovery structure remains intact as long as support above $1.20 continues to hold.