XRP Steadies Above $1.10 After Four-Month Low
XRP steadied above $1.10 on Monday after bouncing from a four-month low near $1.09. The token was recently near $1.14, with an intraday range between $1.12 and $1.17.
The rebound followed several weak sessions that pushed XRP below support levels it had held through much of spring.
XRP Rebounds From $1.09 Support Zone
XRP gained about 1.6% during the latest session, recovering from lows near $1.09 and moving back toward $1.14.
The bounce showed some demand near the low-$1.10 area, but buyers struggled to extend the move. XRP slipped from $1.1488 to $1.1386 late in the session before support returned.
145.3M XRP Traded During 22:00 UTC Move
The strongest part of the rebound came during the 22:00 UTC session. Volume rose to 145.3 million XRP as the price moved through resistance near $1.1350.
That gave traders a short-term signal that buyers were still active around the $1.09 to $1.10 range.
Break Below $1.20 Shifted Focus to $1.10
The stabilization came after XRP briefly broke below $1.10 last week as selling pressure picked up. The token fell from $1.17 to $1.11 during the session, with buying interest emerging near $1.09.
The drop followed a break below $1.20, which had acted as an important support area. Once that level failed, traders shifted focus to whether $1.09 to $1.10 could hold or whether XRP would move closer to $1.00.
$4M Product Inflows Fail to Stop XRP Slide
XRP exchange-traded products still saw inflows during the selloff, but they were not enough to stop the price decline. XRP investment products attracted about $4 million in new inflows during the move, bringing cumulative inflows to nearly $1.5 billion.
XRP also slipped behind USDC by market value after the drawdown, adding pressure to short-term sentiment.
$1.15 Becomes First XRP Recovery Level
The first near-term recovery level is around $1.15. A move above that zone would give XRP a better chance of pushing back toward $1.20.
If XRP loses $1.10 again, traders are likely to watch for a deeper test near $1.00. For now, XRP is holding above $1.10 after touching a four-month low near $1.09.