Bullish XRP signals are piling up. The price keeps falling.
Key takeaways
- The price keeps falling.XRP lost another major support level on heavy selling, with traders now focused on whether buyers can defend the $1.20 area after a 15-week low.By Shaurya Malwa Updated Jun 3, 2026, 5:36 a.m.
- None of that stopped XRP from losing another support level this week, which is usually a sign that technical selling is overwhelming longer-term accumulation.
- • More than 25 million XRP left exchanges in recent days, reducing the amount of readily available supply for sale.
The price keeps falling.XRP lost another major support level on heavy selling, with traders now focused on whether buyers can defend the $1.20 area after a 15-week low.By Shaurya Malwa Updated Jun 3, 2026, 5:36 a.m. Published Jun 3, 2026, 5:15 a.m. 2 min read Make preferred on What to know: XRP slid more than 5 percent to about $1.20, breaking key support at $1.25 even as exchange balances fell and ETF inflows into crypto remained strong.The loss of $1.25 has turned that level into overhead resistance, leaving XRP stuck in a broader downtrend defined by lower highs and weak follow-through buying.Traders are watching the $1.20–$1.21 support zone closely, as a breakdown could open the door to $1.13–$1.15 while the tug of war between tightening supply and deteriorating price action keeps sentiment cautious.XRP keeps finding bullish narratives underneath the surface, but price keeps ignoring them. Exchange balances are shrinking, ETF money is still coming into crypto, and Binance inflows have slowed sharply.
None of that stopped XRP from losing another support level this week, which is usually a sign that technical selling is overwhelming longer-term accumulation.
• More than 25 million XRP left exchanges in recent days, reducing the amount of readily available supply for sale.