XRP advanced from $1.0611 to $1.0894 during the July 3 session, 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 toward the $1.10–$1.1087 resistance band that has capped every rally attempt in recent weeks.
This is not simply a day’s worth of upside. It is the early formation of a higher-base structure above $1 – a constructive shift from the defensive trading that characterized the prior several weeks, though one that remains unconfirmed until XRP produces a clean close above $1.10.
XRP Price Action: Higher Lows, Elevated Volume, and a Ceiling at $1.10
The session’s defining characteristic was volume expanding during the advance rather than the pullback, a sequencing that suggests buyers, not sellers, were driving the marginal flow. Total volume ran 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 mean.
XRP ran into seller resistance at $1.10 and subsequently consolidated between $1.08 and $1.09 on lighter volume, the pattern of a market that has used up near-term buying pressure without breaking through.
Source: XRPUSD / Tradingview
The immediate support level bulls must defend is $1.08; a failure there puts $1.0611 back in scope as the next structural test.
Above spot, a clean move through $1.10 would open the path toward $1.12–$1.13. The analytical question is no longer whether XRP can bounce from $1; it is whether the current accumulation is sufficient to drive a sustained XRP breakout above the resistance cluster that has defined the ceiling since the sell-off.
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Wallet 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. That figure is notable in context: address creation at this rate during a consolidation phase tends to reflect genuine onboarding rather than speculative recycling of existing wallets.
Bullish social sentiment simultaneously hit a three-month high, with positive comments outnumbering bearish ones by a ratio of 3.7 to 1. That sentiment spread, combined with the XRP volume expansion, provides a more complete picture of market participation than price alone.
✍️ TL;DR: XRP’s massive new wallet creations & FOMO emerge in midst of price threatening to drop below $1
📊 Metrics used: Network Growth, Pos/Neg Social Ratio
🔗 Link to chart: https://t.co/0WJTZI6VSS📉 $XRP is still hanging on to the $1.00 support zone, trading around ~$1.04… pic.twitter.com/41bd8NqCQJ
— Santiment Intelligence (@SantimentData) June 30, 2026
The wallet creation spike adds on-chain weight to what would otherwise read as a straightforward sentiment bounce, context that dovetails with the capitulation dynamics Glassnode’s realized profit-loss ratio data identified in the weeks preceding this recovery.
Ripple completed its scheduled 1 billion XRP escrow unlock during the session without a meaningful price shock, a result consistent with the market having priced the unlock in advance.
Analysts noted that XRP’s idiosyncratic variance against the CD5 index stayed well below the threshold that would signal a major asset-specific catalyst – the session’s gains tracked the broader crypto 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 various cryptocurrency websites to report on breaking news, and been hired by all sorts of cryptocurrency projects, to create content that would increase their exposure and attract more potential investors.