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XRP falls to 15-week low below $1.30 despite strong institutional interest and ETF inflows.

Market News
01 Jun 2026
Coinpaper
View Source
Bearish
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XRP recently dropped to a 15-week low around $1.29, falling below a key support level of $1.30 amid heavy selling pressure. This decline contrasts with strong institutional interest in crypto, including $1.42 billion inflows into spot ETFs and nearly 25 million XRP tokens withdrawn from exchanges, which usually signal bullish conditions. The market is now watching closely to see if XRP can rebound above $1.34 or face further declines toward $1.28. Despite short-term weakness, some analysts remain optimistic about XRP's long-term potential tied to global banking adoption rather than retail speculation.

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