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 price nears key $1.06 support amid mixed signals and whale selling pressure.

Technical Signals
01 Jul 2026
Blockonomi
View Source
Neutral
pluang ai news

XRP price shows mixed signals with technical indicators suggesting a possible short-term rebound, including a Tom DeMark Sequential "9" and a Morning Star Doji pattern. Network activity on the XRP Ledger has risen sharply, indicating stronger usage, but large holders (whales) have sold over 30 million XRP recently, adding selling pressure. The $1.06 level is a critical support zone; holding above it could lead to a recovery toward $1.27 or $1.35, while a break below may push prices down to $0.80 or lower. The price is at a crucial point where bullish and bearish forces are balanced, making the next move uncertain.

More News (XRP)

Crypto markets see $359M liquidations as Bitcoin and Ethereum hold steady amid cautious trading.

Crypto markets see $359M liquidations as Bitcoin and Ethereum hold steady amid cautious trading.

Crypto markets experienced $359 million in forced liquidations mainly in Bitcoin and Ethereum, despite only modest price drops of about 1.4% for BTC and 1.1% for ETH. This indicates that leveraged derivatives, not spot selling, absorbed most of the s...

Market News
Bearish
4 hours ago
XRP and HYPE ETFs attract $220M inflows in June amid regulatory clarity and strong demand

XRP and HYPE ETFs attract $220M inflows in June amid regulatory clarity and strong demand

In June 2026, XRP and HYPE ETFs saw significant net inflows of $59 million and $161 million respectively, signaling growing institutional interest. This contrasts with outflows in Bitcoin and Ethereum ETFs during the same period. The inflows are supp...

Market News
Bullish
4 hours ago
Ripple IPO unlikely to boost XRP price significantly due to weak links between company shares and token value.

Ripple IPO unlikely to boost XRP price significantly due to weak links between company shares and token value.

Ripple remains a private company with no IPO filing, despite speculation fueled by a $750 million buyback fixing its valuation near $50 billion. XRP, the digital token, is legally separate from Ripple's equity, meaning owning XRP does not grant owner...

Market News
Neutral
4 hours ago
Crypto firms donate $189M for 2026 US midterms, leading corporate political spending.

Crypto firms donate $189M for 2026 US midterms, leading corporate political spending.

Crypto companies have contributed $189 million to the 2026 U.S. midterm election cycle, making up 37% of total corporate political spending disclosed so far. Ripple leads the sector with $49.6 million in donations, followed by Crypto.com and Coinbase...

Market News
Bullish
5 hours ago
XRPL EVM sidechain to get major v11 upgrade focusing on security and network resilience

XRPL EVM sidechain to get major v11 upgrade focusing on security and network resilience

Peersyst announced the upcoming XRPL EVM v11 upgrade for the XRP Ledger Ethereum sidechain, emphasizing enhanced economic security, safer cross-chain connectivity, and improved validator management. This release prioritizes network safety and resilie...

Protocol Fundamentals
Bullish
5 hours ago
banner-footerbanner-footer

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