XRP Price Stuck at $1.20 Amidst ETF Inflows and Spot Demand

XRP's price hovered around $1.20 on June 17 as investors tried to hold onto support levels amidst improved ETF inflows and spot demand.

Despite a brief push above $1.26, XRP's momentum remains fragile according to crypto analysts. The token has been struggling to break through resistance levels, with its price range bound between $1.19 and $1.25.

EGRAG Crypto noted that holding above $1.19 keeps the market structure bullish, while a move below this level could open up a retest of lower support levels.