Bullish XRP signals are piling up. The price keeps falling.

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bullish XRP signals are piling up. 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 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. News Background • More than 25 million XRP left exchanges in recent days, reducing the amount of readily available supply for sale. • Binance inflows fell to their lowest levels of 2026, a trend that would normally be supportive for prices over longer timeframes. • Crypto investment products continued attracting fresh capital, with roughly $1.42 billion flowing into spot ETFs during the period. Price Action Summary • XRP dropped from $1.2712 to $1.2026 during the 24-hour session, losing more than 5%. • The decisive move came during the June 2 14:00 UTC session, when volume surged to 205.7 million and pushed price through support at $1.25. • XRP later fell as low as $1.1858 before recovering modestly and stabilizing near the $1.20 area into the close. Technical Analysis • The key story is that XRP is no longer reacting positively to bullish supply data. That's often what happens late in downtrends, when traders focus more on price action than fundamentals. • The breakdown below $1.25 shifted that level from support into resistance, meaning any recovery attempt now faces overhead selling pressure. • The bounce from below $1.19 showed signs of short-term seller exhaustion, but follow-through buying remained weak. • XRP remains trapped inside a broader descending structure, with lower highs continuing to define the trend. What traders should watch • $1.20-$1.21 is now the most important support zone on the chart. Losing it would expose the $1.13-$1.15 area. • $1.25 becomes the first recovery level bulls need to reclaim before sentiment can improve. • The market is now caught between weakening supply on exchanges and deteriorating price action. Until one of those signals wins out, traders are likely to remain cautious. More For You Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9% By Shaurya Malwa 15 minutes ago The single biggest unwind was a $59.67 million BTC-USDT long on HTX. What to know : Nearly $1.84 billion in leveraged crypto positions were liquidated in 24 hours as bitcoin fell below $66,000 and ether dropped under $1,900, marking the largest wipeout since Feb. 5. Long positions bore the brunt of the damage, with about $1.66 billion in liquidations led by bitcoin, ether and solana longs,... Read full story Latest Crypto News Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9% 15 minutes ago Bitcoin plunges below $66,000 as global stocks, AI trades hit fresh records 47 minutes ago Mastercard expands on-chain settlement in bet on stablecoins and always-on finance 1 hour ago Bitcoin's slide to $66,000 is accelerating a shift into digital dollars 2 hours ago Bitcoin’s compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder 5 hours ago UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions 6 hours ago Top Stories Tom Lee predicts ether will hit $250,000 as corporate validators take over network control 10 hours ago Bitcoin set for 'choppy summer' as capital chases high-flying AI stocks, K33 says 10 hours ago Hyperliquid predicted 80% of oil move before traditional exchanges opened, says expert report 13 hours ago Bitcoin derivatives markets flashing warning signs as price plunges below $70,000 17 hours ago Strategy's bitcoin sale may mark start of ether outperformance, StanChart's Kendrick says 16 hours ago Strategy sold bitcoin in late May, and told the market in June. Here's how Polymarket bettors are fighting over when it counts. Jun 2, 2026