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XRP drops over 21% in June, testing key $1 support amid weak volume and fading catalysts.

Market News
30 Jun 2026
Tokenpost
View Source
Bearish
pluang ai news

XRP has fallen more than 21% in June, now hovering just above the critical $1 support level after a steep sell-off. The decline reflects weakening market interest and fading Ripple-specific catalysts, with trading volume dropping nearly 29% in a day, signaling buyer exhaustion. XRP’s price action is increasingly influenced by broader market uncertainty and technical levels rather than positive news. Traders are watching the $1.00–$1.05 support zone closely, as a break below could lead to further declines toward $0.85–$0.90, while a rebound above $1.20 with rising volume might signal recovery potential. Ripple continues to develop its ecosystem and expand cross-border payment partnerships, but sustained price support depends on real-world usage growth and clearer regulatory momentum.

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