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XRP drops 8% in a week, hitting key support at $1.06 amid rising tokenised assets on its ledger.

Technical Signals
27 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

XRP's price fell 8% over the past week to around $1.05, marking a 43% decline year-to-date in 2026. Despite this, open interest in leveraged contracts rose 1.13% to $2.37 billion, while funding rates turned negative, indicating bearish sentiment. Analyst Ali Martinez highlights $1.06 as a critical support level, with potential drops to $0.80, $0.62, or $0.51 if it fails. Meanwhile, Ripple reported a 2,260% surge in tokenised real-world assets on the XRP Ledger, growing from $5 million to $118 million, showing strong fundamental growth despite price weakness.

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