Can XRP price break the stubborn $1.07 barrier after multiple June failures? 
XRP has rebounded toward the stubborn $1.07 resistance after Ripple’s latest XRP Ledger lending plans and rising network activity revived buying interest, but another breakout attempt now faces a level that repeatedly rejected bulls throughout June. According to data from cryptonews, XRP climbed nearly 5% from around $1.03 to an intraday high near $1.08 on July 2 before stalling at the same resistance level that repeatedly rejected buyers throughout late June. 
On-chain activity strengthened alongside the price recovery. Daily active addresses on the XRP Ledger jumped more than 72%, while new wallet creation reached its highest level in roughly three months as investors accumulated after XRP’s June decline. Exchange balances also continued falling as coins moved into self-custody, reducing immediately available supply during the latest rally.
The 1-day chart shows XRP still trading beneath every major moving average despite the latest bounce. The 20-day moving average sits near $1.11, followed by the 50-day around $1.21, the 100-day near $1.30, and the 200-day close to $1.49. A descending trendline connecting lower highs since May continues to cap every recovery attempt, leaving the primary trend bearish until those barriers are reclaimed.
