XRP exchange-traded funds recorded more than $62 million in inflows in June, bringing cumulative net inflows to about $1.48 billion. According to ChainCatcher, traders are monitoring a potential breakout zone between $1.056 and $1.059, as well as resistance at $1.0665.

The report added that XRP’s price would need to hold above $1.1 on a sustained basis to signal a clearer recovery.