XRP Price Prediction: XRP Broke Every Level Below $1.25 and Now Faces Its Biggest Fibonacci Test

• XRP trades at $1.2394 after a 10% rally from $1.14 that briefly touched $1.25 before sellers stepped in
• XRP spot ETFs pulled $2.82M on June 15 marking a second straight week of inflows at $10.68M total
• South Korea’s Upbit accounted for 31% of XRP wallet-flow activity by June 14, up from 13% a week prior

XRP trades at $1.2394 on June 16, pulling back after briefly clearing $1.25 on volume that surpassed 180 million XRP. The breakout above $1.20 was real but sellers showed up fast, leaving the market focused on whether former resistance holds as support rather than how far the rally extends.

XRP Daily Chart: $1.20 Broken but $1.2440 Is Still the Level to Watch

The daily chart shows XRP recovering from the June cycle low at $1.0509 and pressing through the 0.618 Fibonacci level at $1.2440, which has capped every meaningful recovery attempt since the May breakdown. Price closed above $1.20 for the first time in weeks, but the session high near $1.25 ran straight into the 0.618 zone and retreated.

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The SAR at $1.0623 sits well below price confirming the daily trend has shifted bullish. All four EMAs remain overhead as resistance: 20 at $1.2094, 50 at $1.2828, 100 at $1.3762, and 200 at $1.5829. The 20 EMA at $1.2094 has flipped to support for the first time since May, which is the most important structural change on this chart.

XRP Key Levels for June 17

• Resistance: $1.2440 (0.618 Fib), $1.2964 (0.786 Fib)
• Support: $1.2094 (20 EMA), $1.2071 (0.5 Fib)

Korean Demand and ETF Inflows Drove the Breakout

South Korea’s Upbit accounted for 31% of XRP wallet-flow activity by June 14, up sharply from 13% just one week earlier. That regional demand surge combined with XRP spot ETF inflows of $2.82M on June 15 created the volume needed to push through $1.20. 

The breakout candle exceeded 180 million XRP in volume, clearing the resistance zone convincingly before profit-taking arrived near $1.25. XRP ETFs recorded a second consecutive week of positive flows totaling $10.68M. Cumulative inflows now stand at $1.44B. Bitwise led June 15 with $1.43M and Franklin contributed $1.39M.

XRP Spot Inflow Data Shows Net Positive Flow on June 16

The spot inflow chart shows a $5.27M net positive flow into XRP on June 16, one of the cleaner green readings in recent weeks. 

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Dominant red bars throughout May and early June reflect the sustained selling pressure that pushed XRP to $1.05. The shift to green alongside the $1.20 breakout confirms the demand picture is changing.

XRP Derivatives: Volume More Than Doubled and Shorts Are Getting Hit

Volume surged 133.16% to $4.26B while open interest jumped 13.45% to $2.89B. Both rising sharply together means fresh money is entering the move, not just position closures. Options volume exploded 258.13% to $3.69M, pointing to traders positioning for a defined directional move.

Over 24 hours, $6.94M in short positions were liquidated against $4.03M in longs. Shorts absorbed more pain but the gap is narrowing, suggesting the squeeze energy from the initial $1.20 breakout is partially exhausted. The long/short ratio of 0.9992 sits at dead neutral.

XRP Price Prediction: Upside and Downside Levels for June 17

• Upside: A daily close above $1.2440 confirms the 0.618 Fibonacci flip and targets $1.2964. Continued Korean demand and ETF inflows into the FOMC decision on June 17 keep that scenario live.
• Downside: A rejection at $1.2440 and close below $1.2094 puts the 20 EMA at risk. Losing that level reopens the path toward the 0.5 Fibonacci at $1.2071 and potentially back to $1.1702 if macro turns hawkish post-FOMC.

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