XRP has entered a critical area on the daily chart, with several key levels now likely to shape its next move. Crypto analyst EGRAG CRYPTO (@egragcrypto) highlighted a shift in market structure, noting that “$1.28 has now flipped into a DAILY resistance zone” as $1.21 remains the most important support level in the near term.
The latest chart shows XRP trading below a cluster of resistance levels after failing to hold above $1.28. Its price has also moved beneath a previously highlighted consolidation area, placing greater focus on nearby support zones.
#XRP Daily Timeframe Update ⚠️:
$1.28 has now flipped into a DAILY resistance zone.
Meanwhile, $1.21 remains the key local support.
Lose $1.21 decisively and the next targets open toward:
🎯 $1.11
🎯 Potentially lower liquidity zonesMost important observation:
📉 Volume… pic.twitter.com/9q17TcKwhN— EGRAG CRYPTO (@egragcrypto) June 2, 2026
$1.21 Emerges as the Key Level
According to EGRAG CRYPTO, $1.21 now serves as the primary support level for XRP on the daily timeframe. His analysis suggests that holding this area could help stabilize price action, while a move below it would shift attention toward lower support zones.
The chart identifies $1.11 as the next major target beneath current levels. A support region near $0.88 also remains visible on the chart as a deeper area of interest.
At the same time, XRP continues to trade within what the analyst labeled as the current “Daily Range.” XRP recently slipped below $1.28 after consolidating for several weeks between support and resistance levels.
Volume Remains a Major Focus
Beyond price action, he pointed to volume trends as one of the most important chart signals. He stated that XRP’s volume remains below the moving average, a condition he believes reflects a market that has yet to see aggressive participation. The analyst added that current trading activity remains within normal range conditions rather than signaling a major shift in momentum.
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Trading activity has remained relatively subdued compared with previous spikes seen earlier in the year. The chart’s moving average volume line also continues to sit above recent readings. That combination suggests traders may continue to watch for a meaningful increase in volume before expecting a stronger directional move.
Resistance Levels Define the Recovery Path
While support remains the immediate focus, the chart also outlines several resistance levels. EGRAG CRYPTO described a move back above $1.28 as the “first strength signal.” The chart places another notable resistance area near $1.35, which he identified as the next momentum level.
Above that, $1.51 is the most significant threshold. The analyst called it the “macro breakout trigger,” making it one of the most closely watched levels on the chart. Additional resistance zones appear near $1.61, $1.67, and $1.77, with a potential upper boundary of $2.30.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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