Investment
Features
FeesSafety
Academy
More
Pluang+

XRP rebounds near $1.16 but weekly losses keep market outlook weak, needing $1.36 to confirm stronger momentum.

Market News
07 Jun 2026
Crypto news
View Source
Neutral
pluang ai news

XRP price rebounded to around $1.16 after a sharp weekly selloff but remains down 12.8% over the past week and 16.16% over the month, reflecting a weak market trend. Analysts note XRP is following a broader downtrend path, with key support near $1.03 and resistance at $1.36, which must be surpassed to signal stronger buying momentum. Despite moderate ETF inflows providing some institutional support, technical indicators like RSI and MACD show only early signs of recovery, and XRP dominance in the crypto market is declining, keeping downside risks alive. Investors should watch for a move above $1.36 with higher volume to confirm a sustained rebound.

More News (XRP)

XRP Ledger hits 8M activated accounts despite drop in daily active users

XRP Ledger hits 8M activated accounts despite drop in daily active users

The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...

Protocol Fundamentals
Neutral
4 hours ago
XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...

Technical Signals
Bullish
4 hours ago
XRP whale activity rises as Binance reserves drop, but market movement remains slow.

XRP whale activity rises as Binance reserves drop, but market movement remains slow.

XRP whale activity has increased alongside a notable drop in Binance's XRP reserves, falling from 2.80 billion to 2.61 billion tokens. Withdrawal transactions on major exchanges like Coinbase, Binance, and Bybit have surpassed deposits, indicating la...

Market News
Neutral
5 hours ago
Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...

Technical Signals
Neutral
5 hours ago
Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

Market News
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App