Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

XRP struggles to reverse downtrend; Bitcoin eyes $52,000; Ethereum remains under pressure but still relevant.

Technical Signals
01 Jul 2026
UToday
View Source
Bearish
pluang ai news

XRP continues its downtrend, breaking key support levels and trading near $1.05, with sellers dominating and little buying interest. Bitcoin faces a bearish trend, testing support around $57,000-$58,000 and possibly aiming for $52,000 if that breaks, despite some short-term relief signs. Ethereum, though under pressure and trading near $1,600, remains relevant with steady volume and active buyers, aiming to reclaim resistance at $1,690 for a potential sentiment boost. Overall, the crypto market shows persistent selling pressure with limited recovery prospects in the near term.

More News (XRP)

Bitcoin and major altcoins see sharp drop in futures long positions, signaling trader de-risking and potential volatility.

Bitcoin and major altcoins see sharp drop in futures long positions, signaling trader de-risking and potential volatility.

Bitcoin (BTC) and major altcoins like Solana (SOL) and Ethereum (ETH) experienced a significant decline in futures long positions across both USDT-margined and coin-margined markets, indicating broad trader de-risking. The largest drops were seen in ...

Technical Signals
Bearish
5 hours ago
RLUSD stablecoin expands global reach with Mastercard, Japan approval, and new partnerships

RLUSD stablecoin expands global reach with Mastercard, Japan approval, and new partnerships

Ripple's stablecoin RLUSD is gaining wider adoption with eight key developments including Mastercard's integration across eight blockchain networks, Japanese market entry via SBI VC Trade, and new regional partnerships in Turkey and Africa. These mov...

Protocol Fundamentals
Bullish
7 hours ago
BlackRock unlikely to rescue altcoins as most trade below key averages amid market skepticism

BlackRock unlikely to rescue altcoins as most trade below key averages amid market skepticism

Speculation that BlackRock might support the altcoin market has been dismissed by experts who say institutional investors see most altcoins as mere fundraising tools, not valuable assets. The market remains weak, with about 84% of altcoins on Binance...

Market News
Bearish
10 hours ago
Ripple unlocked 1B XRP, boosting supply but price holds above key support amid cautious trading.

Ripple unlocked 1B XRP, boosting supply but price holds above key support amid cautious trading.

Ripple released 1 billion XRP from escrow, increasing circulating supply by nearly $1.04 billion. Despite this large unlock, XRP's price remained stable around $1.04, supported by buyers defending key support levels. Exchange data showed limited sell...

Market News
Neutral
12 hours ago
XRP and HYPE lead market resilience amid big outflows from Bitcoin and Ethereum ETFs in June.

XRP and HYPE lead market resilience amid big outflows from Bitcoin and Ethereum ETFs in June.

In June, Bitcoin, Ethereum, and Solana ETFs experienced significant capital outflows, indicating investor withdrawal from these popular assets. Meanwhile, XRP and HYPE, the native token of Hyperliquid, showed strong resilience and stood out as the mo...

Market News
Bearish
12 hours ago
banner-footerbanner-footer

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