Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

XRP rebounds from $1.09 low but downtrend persists as buyers defend key support levels.

Technical Signals
08 Jun 2026
Tokenpost
View Source
Neutral
pluang ai news

XRP price recovered modestly from a low of $1.09, reaching near $1.14, signaling stabilization but not a full bullish reversal. Despite selling pressure, investor interest remains evident with over 25 million XRP withdrawn from exchanges and $118 million net inflows into XRP ETFs in May. Technically, XRP is still in a downtrend within a descending channel, with key support at $1.13-$1.14 and resistance near $1.15. A break above $1.20 could indicate a stronger recovery, while falling below $1.10 may lead to testing the $1.00 support level.

More News (XRP)

XRP Ledger active users drop 70% in 24 hours, signaling possible market normalization, not bearish trend.

XRP Ledger active users drop 70% in 24 hours, signaling possible market normalization, not bearish trend.

The XRP Ledger saw a sharp 70% decline in active users within 24 hours, falling from nearly 20,000 to about 7,800 accounts. While such a drop might initially suggest waning interest, it likely reflects a return to normal activity after a period of sp...

Protocol Fundamentals
Neutral
4 hours ago
Prediction markets see XRP likely range-bound near $1 by June 2026, with low chances of major gains.

Prediction markets see XRP likely range-bound near $1 by June 2026, with low chances of major gains.

Prediction markets indicate that XRP is expected to remain within its current trading range near $1 by June 30, 2026, with limited upside potential. Traders assign a 41% chance that XRP could fall to $1 or below, while the probability of it reaching ...

Market News
Bearish
4 hours ago
XRP price steadies near $1.14 but may drop to $0.90 amid bearish signals and macro risks.

XRP price steadies near $1.14 but may drop to $0.90 amid bearish signals and macro risks.

XRP price stabilized around $1.14 after a sharp decline from $1.45, with analysts warning it could fall further to $0.90 before finding a strong bottom. Bearish technical patterns and liquidation clusters suggest continued downside risk, while macroe...

Technical Signals
Bearish
6 hours ago
XRP targets $1.37 ahead of July 4 Senate vote on CLARITY Act amid bullish technical signals.

XRP targets $1.37 ahead of July 4 Senate vote on CLARITY Act amid bullish technical signals.

XRP shows a bullish technical setup with a potential rise to $1.37 as the U.S. Senate prepares to vote on the CLARITY Act by July 4. The cryptocurrency has maintained support above key levels despite recent market volatility, with institutional inves...

Technical Signals
Bullish
7 hours ago
XRP rises above $1.10, eyes $1.20 resistance with potential rally to $1.25

XRP rises above $1.10, eyes $1.20 resistance with potential rally to $1.25

XRP has climbed to $1.12, up 1.82% in 24 hours, breaking key resistance at $1.10 and the 23.6% Fibonacci retracement level. The cryptocurrency now faces critical resistance at $1.1720 and $1.2080, with a possible rally toward $1.2450 if these levels ...

Technical Signals
Bullish
9 hours ago
banner-footerbanner-footer

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