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XRP shows a short-term buy signal, but whales are selling 60M tokens, signaling potential price drop below $1.

Technical Signals
11 Jun 2026
Benzinga
View Source
Bearish
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XRP recently triggered a TD Sequential buy signal on its 3-day chart, suggesting a short-term price rebound. However, large holders (whales) have sold about 60 million XRP in the past week, indicating weak support for a sustained rally. Prediction markets show a 47% chance XRP will fall below $1 by the end of June, with technical analysis pointing to a key support zone around $0.90 as a better accumulation point. Investors should watch for a breakout above $1.12 or a breakdown below $1.05 to gauge the next price direction.

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