XRP advanced from $1.0611 to $1.0894 during the July 3 session, representing a net gain of 0.62%, as buyers defended a series of higher lows at $1.0552, $1.0589, and $1.0799 and pushed the token towards the $1.10-1.1087 resistance range that has capped every rally attempt in recent weeks.
This is not just a daily value of upside. It is the early formation of a higher fundamental structure above $1 – a constructive shift from the defensive trading that has characterized the previous several weeks, although this shift remains uncertain until XRP produces a clean close above $1.10.
XRP Price Action: Lows, high volume, and cap at $1.10
The defining feature of the session was volume expanding during an advance rather than a pullback, a sequence that suggests buyers, not sellers, are driving the marginal flow. Total volume rose 26.92% above the seven-day average, with the peak occurring at 13:00 UTC when volume reached 117.5 million XRP, approximately 142% above the 24-hour average.
XRP faced seller resistance at $1.10 and later consolidated between $1.08 and $1.09 on lighter volume, a market pattern that used near-term buying pressure without breaking out.
Source: XRPUSD / Tradingview
The immediate support level that the bulls must defend is $1.08; Failure there would bring $1.0611 back into the range as the next structural test.
Above the spot price, a clean move through the $1.10 level would open the way towards $1.12-1.13. The analytical question is no longer whether XRP can bounce back from $1; Rather, it is whether the current build-up is enough to push a sustained XRP breakout above the resistance group that has set the ceiling since the sell-off.
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Portfolio Growth and Sentiment: On-chain metrics support the setup
XRP wallet creation reached 4,941 daily addresses on July 3, the strongest single-day growth in 14 weeks. This number is notable in context: addresses being generated at this rate during the consolidation phase tends to reflect a real setup process rather than speculative recycling of existing wallets.
Bullish social sentiment has meanwhile reached a three-month high, with positive comments outnumbering bearish comments by a ratio of 3.7 to 1. The spread of sentiment, combined with Ripple (XRP) volume expansion, provides a more complete picture of market participation than price alone.
✍️ TL;DR: Massive New XRP Wallet Creations and FOMO Emerge Amid Price Threat to Drop Below $1
📊 Metrics used: network growth, positive/negative social ratio
🔗 Chart link: https://t.co/0WJTZI6VSS📉 $XRP It is still holding on to the $1.00 support area, trading around $1.04… pic.twitter.com/41bd8NqCQJ
– Santiment Intelligence (@SantimentData) June 30, 2026
The surge in wallet creation adds on-chain weight to what can be read as a direct sentiment bounce, a context that aligns with The achieved P/L data was determined from Glassnode In the weeks leading up to this recovery.
Ripple completed the scheduled opening of its 1 billion XRP collateral during the session without a significant price shock, an outcome consistent with the market pre-pricing the opening.
Analysts noted that XRP’s distinct variance against the CD5 index remained well below the threshold that would indicate a major asset-specific catalyst – the session’s gains tracked the broader cryptocurrency rally rather than reflecting a Ripple-specific development.
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Neil is a professional cryptocurrency content writer with years of experience. He has written for numerous cryptocurrency websites to report breaking news, and has been hired by all kinds of cryptocurrency projects, to create content that will increase their exposure and attract more potential investors.
