XRP steadies above $1.10 to bounce from four-month lows
Key takeaways
- The token bounced from levels last seen before the November 2024 breakout, yet every rally is still running into sellers, leaving XRP stuck between deeply oversold conditions and a market that hasn't stopped de-risking.
- • More than 25 million XRP left exchanges in recent days, extending a trend that typically points to accumulation rather than immediate selling.
- • XRP-linked ETF products continued attracting capital, with roughly $118 million in inflows recorded during May and cumulative inflows approaching $1.4 billion.
Published Jun 8, 2026, 6:06 a.m. 2 min read Make preferred on What to know: XRP has stabilized after a sharp sell-off, with buyers defending the $1.09 area but the token still trading within a broader downtrend.Heavy exchange outflows and steady ETF inflows suggest accumulation beneath the surface even as price action looks more like bottom-fishing than a new rally.Traders are watching support around $1.13 to $1.14 and resistance near $1.15 to $1.20 as key levels that could signal either further downside toward $1.00 or the start of a repair in sentiment.XRP finally found buyers after one of its sharpest selloffs of the year, but the recovery looks more like stabilization than a trend change. The token bounced from levels last seen before the November 2024 breakout, yet every rally is still running into sellers, leaving XRP stuck between deeply oversold conditions and a market that hasn't stopped de-risking.
• More than 25 million XRP left exchanges in recent days, extending a trend that typically points to accumulation rather than immediate selling.
• XRP-linked ETF products continued attracting capital, with roughly $118 million in inflows recorded during May and cumulative inflows approaching $1.4 billion.