XRP Approaches $1.20 as Upbit XRP Flow Dominance Hits 31%, Highest Since May 2024

XRP-3.33%

According to CryptoQuant, Upbit's XRP Net Wallet Flow Dominance rose from 13% on June 7 to 31% on June 14, marking its highest level since May 2024. The sharp increase in Upbit's share of XRP deposit-wallet activity among major exchanges reflects a significant shift in trading momentum toward South Korea's market.

XRP is currently pressing toward the $1.20 resistance level on the chart. For bulls, a sustained break above this zone with expanded volume would signal a shift in short-term structure, though price confirmation remains necessary to validate the technical setup.

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