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XRP risks dropping to $0.80 as key $1.10 support fails amid rising sell pressure and whale activity.

Technical Signals
23 Jun 2026
FXEmpire
View Source
Bearish
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XRP's price is under pressure, falling 3.3% and nearing a critical support level at $1.10. If this support breaks, XRP could drop to $0.80, reflecting a 27% decline. Increased net inflows to exchanges and whale movements suggest significant selling ahead. Macroeconomic factors, including a hawkish US Federal Reserve stance, are intensifying bearish momentum. Traders see a potential short opportunity with a favorable risk-reward ratio if the $1.10 level is decisively breached.

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