Investment
Features
FeesSafety
Academy
More
Pluang+

XRP plunges over 5% amid heavy sell-offs and $25M liquidations, testing key support at $1.14.

Market News
03 Jun 2026
Bitcoin
View Source
Bearish
pluang ai news

XRP's price dropped sharply by 5.19%, nearing $1.14 after breaking key support levels due to intense selling pressure and long liquidations totaling over $25 million. The decline is part of a broader crypto market sell-off, with over $1.12 billion liquidated across digital assets as Bitcoin also fell below $63,000. Technical indicators show XRP is oversold, but recent rebounds suggest some buyer interest. The market awaits whether XRP can stabilize and recover or continue its bearish trend. Meanwhile, Ripple marked XRP's 14th anniversary, highlighting ongoing institutional interest and ecosystem growth despite the price drop.

More News (XRP)

XRP Ledger hits 8M activated accounts despite drop in daily active users

XRP Ledger hits 8M activated accounts despite drop in daily active users

The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...

Protocol Fundamentals
Neutral
4 hours ago
XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...

Technical Signals
Bullish
4 hours ago
XRP whale activity rises as Binance reserves drop, but market movement remains slow.

XRP whale activity rises as Binance reserves drop, but market movement remains slow.

XRP whale activity has increased alongside a notable drop in Binance's XRP reserves, falling from 2.80 billion to 2.61 billion tokens. Withdrawal transactions on major exchanges like Coinbase, Binance, and Bybit have surpassed deposits, indicating la...

Market News
Neutral
5 hours ago
Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...

Technical Signals
Neutral
5 hours ago
Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

Market News
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App