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XRP drops 22% in a month, testing key support amid weak momentum and market uncertainty.

Market News
05 Jun 2026
Tokenpost
View Source
Bearish
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XRP has declined over 22% in the past 30 days, falling to around $1.12 due to weakening trading volume and broader market weakness despite ongoing institutional interest. The token's market cap remains strong at about $69.49 billion, but fading trading activity and concerns over supply dilution weigh on near-term sentiment. Traders are closely watching the $1.10–$1.15 support zone, with a break below possibly pushing XRP toward the $1.00 level. The outlook depends on market liquidity and whether buyers return at critical technical points, amid a backdrop of macroeconomic pressures affecting the crypto market.

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