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

XRP falls to 15-week low at $1.32 amid strong selling despite token accumulation signals

Market News
01 Jun 2026
Coindesk
View Source
Bearish
pluang ai news

XRP dropped to a 15-week low near $1.32 as sellers dominated price recoveries despite over 25 million tokens moving off exchanges and $1.42 billion inflows into spot XRP ETFs. These accumulation signs have yet to reverse the downtrend, with traders watching key support at $1.31 and resistance at $1.34. A break below $1.31 could lead to further declines toward $1.28 and $1.20, while reclaiming $1.34 might trigger a sharp rise to $1.37–$1.40. The market remains uncertain as exchange outflows suggest buying, but price action shows persistent selling pressure.

More News (XRP)

Cryptocurrencies trade sideways as Trump delays Iran deal, Bitcoin eyes key $73,000 weekly close for bullish signal.

Cryptocurrencies trade sideways as Trump delays Iran deal, Bitcoin eyes key $73,000 weekly close for bullish signal.

Leading cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin showed little movement as President Trump expressed no urgency to finalize an Iran deal, keeping market sentiment cautious. Bitcoin fluctuated between $73,300 and $74,300, with analys...

Market News
Neutral
8 hours ago
Turkey's crypto market hits $200B, leading MENA region and outpacing UAE by 4x

Turkey's crypto market hits $200B, leading MENA region and outpacing UAE by 4x

Turkey's cryptocurrency market has surged to approximately $200 billion in transaction volume over the past year, making it the largest in the Middle East and North Africa (MENA) region. This growth, driven largely by speculative trading amid economi...

Market News
Bullish
8 hours ago
XRP inflows to Binance hit lowest since early 2026, signaling reduced selling pressure and steadier prices.

XRP inflows to Binance hit lowest since early 2026, signaling reduced selling pressure and steadier prices.

In May, XRP inflows to Binance dropped sharply to 215 million XRP, the lowest since early 2026, indicating reduced short-term selling intent among holders. This decline aligns with more stable price action and lower volatility, suggesting fewer XRP h...

Technical Signals
Bullish
10 hours ago
XRP gains real-world use as firms hold and pay with it across multiple blockchains, boosting its liquidity role.

XRP gains real-world use as firms hold and pay with it across multiple blockchains, boosting its liquidity role.

XRP is transitioning from a theoretical asset to practical use in treasury operations, with firms like Anodos Finance buying, holding, and paying employees in XRP since 2023. This move highlights XRP's growing utility as a cross-chain liquidity asset...

Protocol Fundamentals
Bullish
10 hours ago
XRP holds steady near $1.34 as trading volume drops 52%, awaiting regulatory clarity and adoption catalysts.

XRP holds steady near $1.34 as trading volume drops 52%, awaiting regulatory clarity and adoption catalysts.

XRP traded flat around $1.34 with a sharp 52% drop in trading volume, signaling a cautious market awaiting clear catalysts. The token's price shows mild declines over recent weeks, indicating consolidation rather than a breakout. Key factors influenc...

Market News
Neutral
13 hours ago
banner-footerbanner-footer

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