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XRP struggles to hold $1 amid falling volume and rising liquidations, testing key support level.

Market News
28 Jun 2026
Tokenpost
View Source
Bearish
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XRP is hovering near the crucial $1 support level, facing pressure from declining trading volume and forced liquidations that are impacting market sentiment. The token is down about 20% year-to-date and trading volume has dropped nearly 40% in a day, signaling cautious investor behavior. Market participants are watching closely to see if XRP can stabilize above $1 or if it will break lower, potentially triggering further sell-offs. Longer-term prospects remain mixed, with some optimism around institutional adoption and regulatory clarity, but short-term direction hinges on whether the $1 floor holds amid ongoing deleveraging.

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