Markets XRP Drops 2.8% as Weak Recovery Keeps $1 Support in Sight
Heavy Selling Pressure Breaches Support Levels, Recovery Fails to Stabilize Prices
By Shaurya Malwa Jun 25, 2026, 4:32 a.m. 2 min read
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SummaryShow
- XRP decreased by 2.8%, reaching approximately $1.07, and has broken below the critical support of $1.0850, placing the token closer to the lower end of its trading range for June.
- Market participants are now viewing the $1.05 to $1.07 range as a pivotal support area, with any further decline likely redirecting focus towards the significant psychological level of $1.
- Experts indicate that XRP is in a defensive stance below $1.0850, and bulls need to push the price back to $1.10 to demonstrate that the recent downturn was merely a temporary setback.
During the sell-off on Tuesday, XRP fell below $1.0850 and struggled to recover, leaving it at the lower end of its trading range for June. While buyers are still attempting to defend the $1.05-$1.07 zone, they have not been able to drive the price significantly higher, making the $1 level appear increasingly imminent with each failed bounce.
Market Context
• XRP's decline coincided with a broader downturn in the cryptocurrency market, as CD5 fell nearly 3% alongside pressure on Bitcoin and other major cryptocurrencies.
• Analysts continue to highlight the $1.05-$1.10 range as crucial support for XRP, with a drop below this area likely drawing attention to the psychological $1 threshold.
• Long-term investors are still optimistic about a multi-year falling wedge pattern, but short-term price movements are characterized by lower highs and multiple unsuccessful recoveries.
Price Movement Overview
• XRP's price dropped from $1.1020 to $1.0708 over the past 24 hours, marking a 2.8% decline.
• The primary breakdown occurred at 13:00 UTC, where trading volume surged to 117.26 million XRP, pushing the price below the $1.0850 support.
• Subsequent selling pressure caused XRP to reach an intraday low of approximately $1.0446 before a slight rebound brought it back towards $1.07.
Technical Insights
• The failure to hold above $1.0850 has transformed this level from support to resistance, creating an additional barrier for buyers to overcome.
• The recovery from the $1.04 area was weak, with an increase in price that was not supported by volume, and XRP was unable to challenge the breakdown zone.
• The intraday chart continues to reflect lower highs, with price rallies stalling around $1.073-$1.075 before sellers re-entered the market.
• As long as XRP remains below the $1.0850 mark, it will continue to operate within a defensive structure, repeatedly testing the same support levels.
Key Levels for Traders to Monitor
• The immediate support zone is identified as $1.05-$1.07. A breach of this zone would bring the $1.00 level back into focus.
• $1.0850 is the first level that buyers need to reclaim for the price action to stabilize.
• The next resistance level is at $1.10, with failed attempts to retest this level likely to keep sellers dominant.
• A recovery above $1.10 would indicate that the recent breakdown was merely a temporary shakeout.
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CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High
CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
By CoinDesk ResearchJun 15, 2026In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
Why it matters:
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
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