XRP reserves plunge to 7-year low amid $1.45B ETF accumulation
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XRP reserves plunge to 7-year low amid $1.45B ETF accumulation

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XRP fell to approximately $1.12 on June 22, 2026, after a short‑lived dip triggered by a surge in trading activity. The price movement occurred near 21:00 UTC, when transaction volume spiked to 85.8 million XRP, pushing the asset to an intraday low of $1.1213.

Price Action and Trading Volume

On June 21, 2026, XRP closed around $1.14, marking a 24‑hour decline of 0.34 %. Daily trading volume reached roughly $872 million, while the market cap hovered near $70.97 billion, keeping XRP as the sixth‑largest cryptocurrency by market value. Over the past 30 days, XRP’s price has slipped more than 16 % despite occasional demand at key support levels.

After the June 22 dip, buyers pushed the price back toward $1.148, recouping almost 80 % of the session’s losses within a few hours. The rebound encountered resistance between $1.147 and $1.149, establishing that band as a near‑term ceiling. The broader trading range of $1.10 to $1.30 continues to shape the current market structure for the digital asset.

Market Position and Outlook

Investors monitor XRP’s price stability as the coin remains confined within the $1.10‑$1.30 corridor. Analyst commentary from EGRAG CRYPTO described the two‑month price formation as “E is the battlefield,” highlighting the ongoing struggle between buyers and sellers. Continued volatility may test investor confidence, while the blockchain ecosystem watches for any catalyst that could drive the price toward higher thresholds.