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XRP price falls to $1.09 amid strong selling pressure and bearish signals.

Technical Signals
05 Jun 2026
Bitcoin
View Source
Bearish
pluang ai news

XRP has declined from its May 30 peak of $1.364 to test support near $1.09 due to sustained selling pressure and weak buying momentum. Technical indicators like RSI and MACD show bearish trends, with XRP trading below key resistance levels, increasing the risk of further losses. Despite macroeconomic challenges affecting crypto markets, institutional demand for XRP ETFs remains strong, with significant inflows in May. XRP must hold above $1.09 to avoid deeper declines and potentially recover toward $1.17-$1.19 resistance levels.

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