Friday’s selloff pushed XRP deeper into the red, completing a 22% retrace over the past 30 days and sending the token below $1.10 for the first time since November 2024. For many, this move immediately raises the most important question in the current climate: could the altcoin reach the $1 mark again soon, or is a fall below this level now on the cards? Could XRP Drop 40% Toward $0.70? In a new report, market expert Sam Daodu flags that the broader technical picture is now fully bearish across multiple timeframes. He notes that XRP is trading below its 20, 50, 100, and 200-day moving averages (MAs), a configuration that typically signals sellers remain in control no matter what chart window investors look at. The expert said there is not much support once XRP trades at $1.09. Around $1.05, buyers have tended to show interest, and then $1 is the next major psychological floor where demand often appears simply because it is a round number. Related Reading: Hyperliquid Strategies Stays
The XRP monthly relative strength index has fallen to 41.64, the lowest reading the indicator has ever recorded for the token — lower even than the 43.75 it hit in March 2020, when XRP bottomed out at $0.11 during one of crypto’s worst bear markets. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy A Signal With A Caveat The current reading edges out that 2020 low, but it is not yet final. June is still open, and data shows that if XRP recovers to above $1.30 before the month ends, the RSI could close well above its current level, which would undercut the significance of the signal entirely. XRP market commentator Austin, who goes by that name in the XRP community, was the first to flag the RSI drop publicly. His initial chart showed the reading had fallen to 42.64 — itself a new all-time low at the time — as XRP slid to $1.18. Prices dropped further since then, pulling the RSI down to 41.62 at last check. The token is currently trading around $1.1
An XRP-denominated fixed-term yield market on the Flare Network recently completed a liquidity rollover with zero market interruption. Metavault Architecture Eliminates Operational Friction An XRP-denominated, fixed-term yield market on the Flare Network has successfully executed a seamless liquidity rollover without market interruption, representing a notable structural advance for decentralized fixed-term financial primitives. Overnight from June […]
Ripple’s possible public listing has returned to the conversation after SBI Holdings CEO Yoshitaka Kitao gave one of the clearest long-range timelines yet from a major Ripple shareholder. Yoshitaka Kitao, the CEO and President of SBI, one of Japan’s largest financial conglomerates, made remarks that have since resonated with members of the XRP community. Speaking about his long-term investment intentions, Kitao stated he is willing to pour in $626 million at the lower end and $1.25 billion at the upper end into Ripple when the payments technology company goes public. SBI CEO Says Ripple Needs To Go Public The question of whether Ripple Labs will ever trade on a public exchange has followed the company for years, although Ripple’s executives have been consistent in cooling expectations regarding an IPO. Related Reading: Ripple’s Move To Privacy: How A Re-organization Of The XRP Ledger Will Affect The Network While speaking at a recent conference in Tokyo, Japan, Kitao said that when Ri
The XRP price has continued its downward sweep, currently trading slightly around $1.1 after declining over 14% this week. As upward momentum and trading activity weaken, on-chain reports reveal that the market is now being dominated by bearish pressure and extreme Fear, Uncertainty, and Doubt (FUD). While most would expect these negative trends to further […]
Heavily haken by ongoing volatility, Solana and its broader market are facing heightened downside pressure, pushing its price to the $68 mark. Despite how bearish SOL has turned out over the past few months, robust optimism continued to be expressed toward the leading altcoin and its market capability. Solana’s Market Structure Draws Bold Endorsement After […]
XRP is attracting institutional capital at a time when liquidity across the market is moving in the opposite direction. Fresh ETF inflows and growing accumulation among long-term holders continue to support the bullish case, but recent data suggest a different challenge is emerging beneath the surface. While demand appears healthy, the amount of liquidity available to absorb buying and selling activity has fallen sharply. XRP Continues To Attract Institutional Interest XRP has increasingly distinguished itself from the broader digital asset market. While several major crypto investment products struggled to attract capital in recent months, XRP-focused funds racked in $131.94 million in May 2026. Related Reading: The Bitcoin Bear Market Is Over: Here’s Where We Are In The Cycle This trend has remained largely consistent. Apart from a brief slowdown in March, XRP investment products have continued to attract capital, with fresh inflows extending into early June. Institutional capital
XRP dominance holds key support as XRP trades near $1.1056, with $1.10 support, $1.35 resistance, and weekly RSI contraction. XRP dominance is holding near a key support area while XRP/USD remains weak on the daily chart. The setup shows a clear split between relative strength and spot price pressure. Analysts are watching the support test, […]
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