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XRP drops to multi-month lows near $1.10 amid liquidation-driven selloff and bearish sentiment.

Technical Signals
05 Jun 2026
Coindesk
View Source
Bearish
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XRP fell sharply to its lowest levels in months, briefly dipping below $1.10 due to a high-volume, liquidation-driven selloff. Despite $4 million in fresh ETF inflows and $1.5 billion cumulative inflows, market sentiment turned bearish as XRP lost ground to USDC and the crypto Fear & Greed Index entered extreme fear territory. Key support now lies at $1.09-$1.10, with $1.12-$1.13 as the first recovery zone. Analysts warn the broader trend remains bearish until XRP can reclaim former support levels with stronger rebound volume.

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