XRP price prediction after breakout puts $1.14 and $1.18 back in focus 
XRP has recovered from this week’s sharp sell-off after defending the $1.07 support zone, with traders weighing an emerging bullish chart breakout against persistent geopolitical and regulatory risks that continue to cap upside. According to data from crypto news, XRP price was trading near $1.09 at press time after rebounding from Tuesday’s low of around $1.07, though it remained below the July 4 peak near $1.18. Adding to the recovery narrative, analyst Gerla believes XRP has completed a notable technical milestone. 
While the short-term bounce has attracted fresh buyers, institutional sentiment has yet to fully recover. Spot XRP exchange-traded funds recorded roughly $7.29 million in net outflows on July 8, the largest single-day withdrawal since March. 
The daily chart shows XRP stabilizing just above its 20-day simple moving average near $1.05 after briefly slipping below the psychologically important $1.10 level. Although price remains beneath the 50-day, 100-day, and 200-day moving averages clustered between $1.17 and $1.46, the 20-day average has flattened, while Chaikin Money Flow has climbed back above zero, suggesting capital has started returning after several weeks of distribution.
