Net liquidity inflows of $743.7 million entered the XRP market over a day, lifting daily trading volume 61.15 percent.

U.Today, a blockchain outlet, reported on Sunday that XRP trading volume swelled to $1.96 billion. The price, however, stayed near $1.1122, moving only 1.34 percent and failing to break out of its sideways range.

Market attention is focused less on the current price than on what comes next. The key is whether XRP can use the volume surge as a springboard to rebound to $1.4202, the 200-day moving average seen as a long-term trend benchmark. The current price is showing a tightening pattern around the 50-day moving average of $1.1214.

Technically, two scenarios are being presented. For a bullish move to continue, daily volume must hold above $1.8 billion. In that case, XRP could break through $1.1214 and gain momentum toward $1.42, cited as a medium-term target. That would imply about 28 percent additional upside from the current price.

If buying fails to clear resistance near $1.12, momentum could weaken again. In that case, daily volume could drop below $1.5 billion and XRP could enter a long sideways phase near $1, described as a psychological support level. That is why the market is watching whether $1.12 is broken.

The nature of the inflows is also being discussed. An assessment has emerged that, given the market’s internal structure, new money is coming in on a relatively stable base rather than through excessive leverage expansion.

Technical indicators are also in focus. The relative strength index stood at 49.06, and a rare double bullish divergence appeared around the June and July lows. This was interpreted as a signal that selling pressure had largely been exhausted just before the volume surge.

Derivatives indicators are closer to neutral than overheated. Open interest is around $2.5 billion, and the funding rate stayed near neutral at 0.0066 percent. This was presented as showing that long positions are being built mainly in the spot market and that the risk of abrupt liquidations is relatively low.

That has made XRP’s near-term watch points clearer. The next move is expected to hinge on whether heavy liquidity inflows and higher volume lead to a real price breakout, or whether XRP is blocked by $1.12 resistance and returns to a box range near $1. The market appears quiet on the surface, but internally it seems to have entered a phase ahead of the summer’s biggest technical move.