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XRP falls below $1.30, hitting 15-week lows amid bitcoin-led market weakness

Technical Signals
02 Jun 2026
Coindesk
View Source
Bearish
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XRP dropped below the key $1.30 support level on heavy volume, reaching fresh 15-week lows amid a broader market downturn led by bitcoin. Despite over 25 million XRP moving off exchanges, indicating some accumulation, selling pressure remains strong and rallies fail to sustain. Immediate support is now around $1.26, with resistance near $1.27-$1.30; a break below current levels could push XRP toward $1.20. Traders are watching closely to see if this selloff is temporary or signals a deeper decline.

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