XRP Price Outlook as Ripple CEO Backs Bitcoin Rally

XRP price rose 4% over the past 24 hours, reaching $1.06 as buyers defended the key $1.00 zone. The transfer came after newfound confidence in Ripple due to regulatory advances in Europe. 

The EU’s MiCA framework gave Ripple the EU stamp of approval, which brings more confidence to institutional market participants

The rebound also followed the price of XRP trading near oversold conditions.  As general sentiment turned more positive for major cryptocurrencies, that level attracted dip buyers. Bitcoin price is up 1.99% to $60,326 in 24h, closely tracking a 2.04% rise in the total crypto market cap.

Ripple CEO Questions Saylor’s Bitcoin Strategy

Brad Garlinghouse, the Chief Executive Officer of Ripple, has written a rebuttal to Michael Saylor’s Bitcoin accumulation strategy, arguing that “crypto has to be more than balance-sheet tactics.” 

In the recent CNBC interview, Garlinghouse stated that “financial engineering has no ability to create long-term value for the industry.” He stated that the real needs are products, payments and networks that people can use.

@bgarlinghouse just went on @CNBC and said what nobody in Bitcoin wanted to hear 👀@Strategy ‘s “financial engineering” buying model? He called it unsustainable and said it’s actively hurting the market

Utility wins long-term. Every time. $XRP $BTC pic.twitter.com/R672Em8AGt

— Xaif Crypto (@Xaif_Crypto) June 27, 2026

Garlinghouse was positive about Bitcoin’s future in the market. “Still, Strategy’s funding model could have taken focus away from adoption in practice.” He pointed to STRC shares trading about 25% below par as a sign of stress.

Despite the market pressure, Strategy has been continuing to purchase Bitcoin. However, Bitcoin has been coming close to $58,000 recently, again attracting investor attention to leverage and funding risks. 

Borrowing additional capital to acquire additional bitcoins isn’t creating sustainable crypto value, Garlinghouse said.

XRP ETF Inflows Rise as Total Assets Reach $934.26M

XRP spot ETFs recorded $15.63 million in daily net inflows on June 26. Total net assets were valued at $934.26 million, whereas XRP’s price was around $1.05. Bitwise had the largest inflow of $11.66 million. 

SoSoValue data shows Franklin’s XRPZ next at $3.97 million. Canary, 21Shares, and Grayscale reported no daily inflows. Bitwise also had the biggest net assets of $293.49 million. XRPZ and Canary followed with $235.20 million and $234.97 million, respectively.

XRP Price Holds Above $1.05, Is a Breakout Coming Soon?

The XRP price on the four-hour chart remained in a mild recovery mode within a bull market channel, trading at $1.0631.

The token moved higher on the $1.05 level, and buyers were still holding on to the broader $1.00 support area.

That base is still significant as a breakdown there would place XRP on another test near $1.00.  The initial upside resistance level comes in at $1.10, with the latest resistance range clearly marked.

A break above $1.10 would pave the way to $1.15 on the next session. The price of XRP could continue to rally upwards to the $1.20 resistance area.

The RSI at 46.71 is a sign of improving momentum, but bulls have yet to dominate the situation. 

The MACD is also recovering, and the bearish pressure has eased off the short term bounce. But losing $1.05 could ruin the scenario and stall the breakout move.