$XRP Bounces, Capitulates, Bounces Again — A Five-Day Soap Opera in Five Charts 🌀

XRP closed the June 10 session at $1.1248, down 4.5% from $1.1505, after losing the $1.13 support level on volume of 109.9 million tokens, more than double its daily average. The breakdown accelerated once sellers pushed through $1.13, with the token stabilizing only after testing support near $1.1240. Onchain data from Glassnode showed the 90-day moving average of XRP's realized profit-to-loss ratio plunging to 0.38, meaning investors are realizing roughly 38 cents of profit for every $1 of losses. That compares with a ratio of 50 at the 2025 peak, when profit-takers outnumbered loss-sellers 50-to-1. XRP traded around $1.11, down nearly 40% year-to-date and well below its July 2025 peak above $3.60.

By June 11, XRP had recovered about 1% to $1.1141 after a late-session volume surge pushed the price briefly above $1.12, though earlier attempts to rally were rejected near $1.1352. XRP-linked investment products drew $6.75 million in inflows during the period, lifting cumulative ETF inflows to roughly $1.44 billion, while futures activity climbed to about $5 billion even as open interest sat near cycle lows. The XRP Ledger's version 3.2.0 upgrade is scheduled for June 15 and is expected to cut server memory requirements by around 40% while rebranding the core software from "rippled" to "xrpld." Stablecoin supply on the XRP Ledger added more than $15 million in under a week, reaching an all-time high of $770 million, even as the broader stablecoin market cap shed more than $7 billion in less than four weeks, according to data cited by Santiment, which also tracked XRP weighted sentiment at its weakest level since October 2025.

The recovery extended on June 12, with XRP jumping 3.3% from $1.1080 to $1.1442 on volume of 120.2 million tokens during the 17:00 UTC session, more than 160% above average. Ripple announced that Bitso's MXNB, an MXN-backed stablecoin, will launch on the XRP Ledger and integrate with the Payments on Decentralized Exchange infrastructure, joining Ripple's RLUSD to provide on-chain dollar and peso liquidity through the XRPL Permissioned DEX. By June 15, XRP had climbed from $1.1503 to $1.1866, briefly touching $1.1928 after a 21:00 UTC session saw volume of 107.6 million XRP, more than four times the daily average, push price through the reclaimed $1.14-$1.15 zone. XRP-linked ETFs have now attracted roughly $1.4 billion in cumulative inflows since launch, with May marking the strongest month of institutional demand, while more than 25 million XRP left exchanges and whale addresses climbed to a record high.

Binance's XRP reserves have slipped from roughly 2.8 billion to 2.69 billion tokens in recent months, according to CryptoQuant analyst PelinayPA, who wrote that "since leveraged positions on both sides have largely been cleared out, recent downside pressure appears to be driven mainly by spot market selling rather than derivatives activity." The Money Flow Index sits around 43. XRP remains below its 50-day, 100-day and 200-day moving averages, with traders watching $1.14 and $1.18 as immediate support and the $1.20 to $1.25 area, followed by $1.27 to $1.30, as the next resistance zones to clear.