XRP trades between $1.11 and $1.18 as analysts identify an AMD pattern, with a breakout above resistance needed.
XRP remained within a tight trading range last week as broader markets recovered from early volatility.
The token held near the $1.11 support area, while sellers continued to defend the $1.14 to $1.18 zone.
Market analysts described the current XRP structure as a possible accumulation, manipulation, and distribution pattern.
Under this view, the asset may be in a late manipulation phase before a possible rally attempt.
The setup comes as Nasdaq and the wider crypto market ended the week on a stronger note.
Both markets recovered after early selling linked to geopolitical risk, higher oil prices, and inflation concerns.
However, XRP has not yet shown strong buyer control within its current range. Analysts said a move above $1.18 may be needed before a wider recovery can develop.
XRP Holds Range as Traders Watch AMD Pattern
XRP has remained between $1.11 and $1.18 after a volatile week across risk markets.
The token has not yet shown strong buyer activity, while sellers appear to be taking profit near the current range. For now, $1.11 is acting as the main support level.
The analyst said XRP is showing a classic AMD pattern, which includes accumulation, manipulation, and distribution.
🚨 WHILE EVERYONE IS BUSY, XRP IS FORMING A CRAZY PATTERN.
This is a classic AMD pattern and $XRP is in the final stages before the distribution phase.
The manipulation phase is where it tricks all the retail investors to start shorting it.
Once enough are short, it starts… pic.twitter.com/kNDMzcQrwI
— Coinvo Trading (@CoinvoTrading) June 14, 2026
In this structure, the manipulation phase can push traders into the wrong position before a stronger move begins.
The current setup suggests that XRP may still be waiting for confirmation from buyers.
A break above $1.18 would be the first level needed to weaken the bearish setup. Until that happens, the chart remains capped by passive selling between $1.14 and $1.18.
Therefore, traders are watching whether XRP can move above that zone with stronger volume.
Buyers Need Strong Move Above $1.18
The $1.18 level has become the main resistance area for XRP in the short term.
A strong move above this level may show that buyers are returning with more force. It may also reduce the risk of another deeper decline.
However, XRP staying below $1.18 keeps the bearish targets active on the chart.
The analyst placed the next downside areas between $0.91 and $0.68 if support fails. Those levels may come into focus if sellers push prices below the current range.
Last week $XRP Nasdaq and the total cryptocurrency market managed to finish on a positive note despite significant volatility early in the week. Tuesday's session brought heavy selling pressure as markets grappled with rising geopolitical tensions, elevated oil prices, and… pic.twitter.com/slEBzSAeAP
— Cypress Demanincor (@CDemanincor) June 14, 2026
Meanwhile, the $1.11 level remains the nearest support area to watch this week. A clean break below that level may weaken the current structure further.
As a result, market attention remains fixed on the $1.11 to $1.18 trading band.
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Nasdaq and Crypto Market Recover From Early Selloff
XRP’s range formed during a week marked by heavy volatility across broader markets.
Early selling pressure appeared on Tuesday as traders reacted to geopolitical tension, rising oil prices, and inflation concerns.
However, buyers returned to risk assets during the following sessions.
By the end of the week, Nasdaq recovered toward the major dark pool area near 29,695.
The move helped the index finish the week near one of its stronger levels. That recovery came after markets had faced sharp pressure earlier in the week.
The total cryptocurrency market cap also rebounded from weekly lows near $2.08 trillion.
It briefly reclaimed the $2.2 trillion level as buyers defended key support zones. Still, XRP did not match the strength seen in some broader market areas.
The analyst said XRP needs a clean break and hold above $1.18 to support a stronger recovery.
Such a move may shift momentum back toward buyers and open the way toward higher dark pool levels.
Until then, the token remains inside a tight range with clear support and resistance.
For now, XRP’s chart shows a market waiting for confirmation. The AMD reading suggests a possible manipulation phase, but price action still needs a confirmed breakout.
Traders are therefore watching whether buyers can turn the current range into a recovery setup.
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