XRP Defends $1.12 Support as Analysts Eye Breakout Setup

XRP defended its price near $1.12 on June 22 after briefly dipping to that level during Sunday's session, according to crypto.news.

The token has been trading within a broad range of $1.10 to $1.30 this month and rebounded from the support level, but remains weak overall.

Fund flows have improved, with XRP-linked products recording about $10.66 million in weekly net inflows for the week ending June 18.

Analysts remain split on whether XRP is building a base or forming another pause inside a downtrend, with one analyst setting a 'breakout threshold' at $1.36 and an 'invalidation' level at $1.08.