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XRP price crashes below $1.20, signaling strong bearish momentum and risk of further decline.

Technical Signals
04 Jun 2026
CryptoTicker
View Source
Bearish
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XRP has broken below the critical $1.20 support level, confirming a strong downtrend and shifting market control to sellers. The price is now trading near $1.17, with the old support turning into resistance. The Relative Strength Index (RSI) shows extreme overselling, indicating intense selling pressure but also the potential for a short-term bounce. If XRP fails to hold the next support at $1.15, it could fall further toward $1.00. Recovery requires reclaiming $1.20 with high volume and challenging the long-term downtrend. This decline is part of a broader market sell-off affecting major cryptocurrencies.

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