XRP briefly rose above $1.14 on July 5, 2026, before pulling back, while Zcash announced its Tachyon upgrade on June 30, 2026.
XRP briefly rose above $1.14 on July 5, 2026, before pulling back, while Zcash announced its Tachyon upgrade on June 30, 2026. The move tested the former resistance level as support.
XRP spot ETFs recorded nine consecutive weeks of net inflows, adding $17.19 million, according to data. The CLARITY Act's expected timeline was missed after the Senate adjourned, delaying regulatory catalysts. Santiment reported XRP's 30‑day and 365‑day MVRV ratios near -45% and -47%, indicating that most holders remained underwater. Analysts noted technical patterns including a 4‑hour downtrend break and bullish divergence.
During the 24‑hour period ending July 6, XRP gained 2.87%, moving from $1.1344 to $1.1454. Volume reached 81.89 million XRP, about 207% above the 24‑hour average, at 22:00 UTC on July 5. The token peaked at $1.158 before sellers pulled it back to $1.146, breaking short‑term support near $1.150. Technical analysis indicated that $1.1400‑$1.1450 now acted as support, while $1.155 remained the first resistance level and $1.17‑$1.20 represented the next major zone. A loss below $1.145 could shift focus toward $1.142 and $1.133. Traders watched the $1.14‑$1.145 support zone, the $1.155 resistance, and the $1.17‑$1.20 target for continuation.
Zcash’s Tachyon upgrade, released June 30, 2026, aims to increase the throughput of shielded transactions, enhance resistance to quantum attacks, and evaluate the network’s funding, security, and governance mechanisms. The upgrade introduces Tachyon, a layer that improves scalability and quantum readiness.
Whether XRP can sustain trading above the $1.14 support area and whether the Tachyon upgrade will achieve its scalability and security objectives remain open questions.
- Publisher
- coindesk
- Reliability
- high
- Published
- 7/6/2026, 10:00:24 AM
- Retrieved
- 7/6/2026, 10:00:24 AM
- Relevance
- 80%
- Confidence
- 85%

