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Altcoins · 3 min read

XRP Presents Strongest Move Since Sliding Below 50 EMA

XRP presents strongest move since dropping below 50 EMA as price rises to $1.22530, up 8% in 24 hours with $3.14 billion trading volume, per Litefinance and Fxempire.

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Chief Macro Economist
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XRP Presents Strongest Move Since Sliding Below 50 EMA

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile. Always do your own research before making any investment decisions.

Litefinance reports that XRP’s just delivered its strongest move since falling beneath the 50-day exponential moving average (EMA). The token’s price jumped to $1.22530 by June 15, 2026 — and Fxempire notes XRP surged 8% over the past day. Trading volume came in at $3.14 billion, which is the highest level in several weeks. This volume spike — and the quick rally above $1.20 — triggered the largest daily short squeeze for XRP bears since mid-March, as $6 million in short positions were liquidated in a single session.


Factors Driving XRP’s Price Rebound

Momentum behind XRP is underpinned by renewed optimism, as Financemagnates points to steady net inflows into crypto exchange-traded products (ETPs). As CoinShares recorded $858 million pouring into digital asset ETPs last week, $40 million flowed specifically into XRP-linked funds, sending assets under management for those products to $2.6 billion. Experts note that this underlying capital rotation’s perfectly timed with XRP’s rebound — as traders moved out of Bitcoin and Ethereum after their recent rallies, more are turning their attention and liquidity toward XRP as a value play and as a potential high-beta laggard in this market cycle.

Fxempire highlights that XRP’s 24-hour trading volume shot up to $3.14 billion. The volume-to-market cap ratio hit 3.53%, signaling heightened trader participation and demonstrating deep liquidity at current levels. According to data from Fxempire, that sudden liquidity likely fueled the $6 million daily short squeeze, forcing risk-averse traders to close out positions rapidly as upward price action accelerated.


XRP Technical Analysis and the 50 EMA

XRP’s all-time low of $0.1055, set in March 2020, is now a distant memory — especially since the token’s been holding firm in its new range.


Momentum from Increased Institutional Interest and Market Structure

$40 million flowed into XRP-linked ETPs last week, driving total managed assets to $2.6 billion. CoinShares links these flows to rotational strategies — investors stepped back from Bitcoin and Ethereum following their big rallies, hunting for new upside in other large-cap altcoins.

Looking at recent performance, Litefinance confirms that XRP’s one-year price change is still negative at -43.95%, highlighting just how much ground it needs to recover following the 2025 market downturn. Still, the move back above the 50 EMA is its strongest technical signal since XRP tumbled below that level earlier this quarter. Also, if the token manages to stay above $1.20, there’s a solid chance this momentum’s got room to run — as long as bullish inflows and overall risk appetites remain strong; despite recent gains, longer-term trends remain concerning.


Historical Context and Outlook for XRP

When it comes to resistance levels, Fxempire’s daily chart points to $1.72 as the next target if buyers stay aggressive. Should XRP push through that zone, historical projections make the $2 region attainable before any meaningful cooldown.


Broader Crypto Market Dynamics and Rotational Flows

Broader digital asset markets are shifting fast — sector rotation is in full swing, as Financemagnates explains. After the latest run-up in Bitcoin and Ethereum, capital’s now chasing opportunities in large-cap coins showing signs of technical recovery. XRP’s bounce has tracked alongside $858 million in positive crypto ETP inflows last week, and that’s evidence institutions are gravitating toward under-owned, technically rebounding assets.

With whale wallets steadily accumulating and retail traders returning, the outlook for XRP is materially brighter. XRP’s current $88.89 billion market cap places it among the digital asset elite.

Key Levels and the Road Ahead

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Disclosure · This article is for informational purposes only and is not financial advice. The author may hold positions in assets mentioned. DMC editorial standards prohibit trading securities that are the active subject of coverage. See our editorial guidelines and methodology.
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About the author

Chief Macro Economist

Chief Macro Economist covering Federal Reserve policy, treasury markets, and global macroeconomic trends.

More about Marcus Webb →

Chief Macro Economist covering Federal Reserve policy, treasury markets, and global macroeconomic trends. Former Federal Reserve researcher and economist at Goldman Sachs Global Investment Research. PhD in Economics from MIT. Fifteen years of experience analyzing monetary policy impacts on financial markets.

Beat:
Federal Reserve · Interest rates · Treasury markets · Global macro · Currency policy
Education:
MIT · PhD Economics
Certifications:
PhD, CMT
Memberships:
American Economic Association · NABE

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