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

XRP falls below $1.25 support, hitting 15-week low amid heavy selling pressure.

Technical Signals
03 Jun 2026
Coindesk
View Source
Bearish
pluang ai news

XRP dropped over 5% to about $1.20, breaking a key support level at $1.25 despite positive signals like shrinking exchange balances and strong ETF inflows. The loss of $1.25 turned it into resistance, trapping XRP in a downtrend with lower highs and weak buying. Traders are closely watching the $1.20–$1.21 support zone; a break below could push prices down to $1.13–$1.15. Despite bullish narratives, technical selling dominates, keeping sentiment cautious as XRP struggles to recover.

More News (XRP)

Bitcoin's drop to $67K sparks surge in dollar stablecoins amid crypto sell-off

Bitcoin's drop to $67K sparks surge in dollar stablecoins amid crypto sell-off

Bitcoin's price has fallen about 12% to around $67,000, triggering a shift of capital into dollar-pegged stablecoins like USDT and USDC, which have reached multi-month dominance highs. This trend reflects growing risk aversion in the crypto market, c...

Market News
Bearish
6 hours ago
CME launches 24/7 crypto futures trading, highlighting strong institutional demand for XRP futures.

CME launches 24/7 crypto futures trading, highlighting strong institutional demand for XRP futures.

CME Group has launched 24/7 trading for cryptocurrency futures and options, providing institutions with continuous regulated access to products like XRP futures. Ripple Prime supports this launch by offering clearing and financing services, enabling ...

Market News
Bullish
8 hours ago
Ripple expands D.C. office to boost influence on U.S. crypto regulations amid growing institutional adoption.

Ripple expands D.C. office to boost influence on U.S. crypto regulations amid growing institutional adoption.

Ripple has expanded its Washington, D.C. office to strengthen its engagement with U.S. policymakers and regulators as debates over digital asset regulations intensify. This move aims to influence clearer rules around stablecoins, payments, and blockc...

Market News
Bullish
9 hours ago
Ripple expands Washington D.C. office to boost influence on U.S. digital asset regulations.

Ripple expands Washington D.C. office to boost influence on U.S. digital asset regulations.

Ripple has opened a larger office in Washington D.C. to strengthen its engagement with U.S. policymakers on digital asset regulations. This move aims to position Ripple at the center of ongoing legislative discussions about market structure, stableco...

Market News
Bullish
10 hours ago
Ripple locks $907M in XRP escrow as ETF demand grows amid mixed market signals

Ripple locks $907M in XRP escrow as ETF demand grows amid mixed market signals

Ripple locked 700 million XRP tokens worth over $907 million into escrow, continuing its supply management strategy. Despite this, XRP prices fell below key support levels, trading near $1.26 within a descending channel, reflecting bearish market sen...

Market News
Bearish
11 hours ago
banner-footerbanner-footer

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