XRP slides 2.8% as weak bounce keeps $1 support in focus

XRP slides 2.8% as weak bounce keeps $1 support in focus

Source: CoinDesk

Published:04:32 UTC

BTC Price:$60846.9

#xrp #crypto #bearish

Analysis

Price Impact

High

Xrp has broken key support levels ($1.0850) on heavy volume, indicating strong selling pressure. the failed recovery attempts suggest that the downside momentum is significant.

Trustworthiness

High

Price Direction

Bearish

The article explicitly states xrp slid 2.8%, lost support, and that rallies are stalling, pointing to a bearish short-term outlook. the focus remains on the psychological $1 support level.

Time Effect

Short

The analysis focuses on intraday price action, failed bounces, and immediate support/resistance levels, indicating the current sentiment and potential moves in the short term.

Original Article:

Article Content:

Markets XRP slides 2.8% as weak bounce keeps $1 support in focus Sellers broke another support level on heavy volume, while the recovery failed to reclaim the zone that would ease downside pressure. By Shaurya Malwa Jun 25, 2026, 4:32 a.m. 2 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Summary Show XRP slid 2.8 percent to about $1.07, losing key support at $1.0850 and leaving the token near the lower end of its June trading range. Traders now see $1.05 to $1.07 as the critical support band, with a break lower likely to refocus attention on the psychological $1 level. Analysts say XRP remains in a defensive posture below $1.0850, and that bulls must reclaim $1.10 to show the latest breakdown was only a shakeout. XRP lost $1.0850 during Tuesday’s selloff, then failed to win it back. That leaves the token sitting near the lower end of its June range, with buyers still defending the $1.05-$1.07 area but no longer pushing price far enough to change the tape. Every failed bounce makes $1 look a little closer. News Background • XRP traded lower alongside a broader crypto market pullback, with CD5 dropping nearly 3% as bitcoin and major tokens came under pressure. • Analysts continue to frame the $1.05-$1.10 zone as a key support area for XRP, with a break below it likely shifting attention toward the psychological $1 level. • Longer-term bulls still point to a multi-year falling wedge structure, but near-term price action remains defined by lower highs and repeated failed recoveries. Price Action Summary • XRP fell from $1.1020 to $1.0708 during the 24-hour session, losing 2.8%. • The main breakdown came at 13:00 UTC, when volume surged to 117.26 million XRP and pushed price through support at $1.0850. • Selling later drove XRP to an intraday low near $1.0446 before a modest rebound carried price back toward $1.07. Technical Analysis • The loss of $1.0850 shifted that level from support into resistance, leaving buyers with another overhead level to reclaim. • The bounce from the $1.04 area was weak. Price recovered, but volume faded quickly and XRP failed to challenge the breakdown zone. • The intraday chart continues to show lower highs, with rallies stalling near $1.073-$1.075 before sellers step back in. • XRP remains stuck in a defensive structure as long as it trades below $1.0850 and keeps revisiting the same support band. What traders should watch • $1.05-$1.07 is the immediate support zone. Losing it would put $1.00 back in focus. • $1.0850 is the first recovery level bulls need to reclaim before the chart starts to stabilize. • $1.10 remains the next resistance area, with failed retests there likely to keep sellers in control. • A move back above $1.10 would suggest the latest breakdown was another shakeout. Latest Crypto News 1 Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound 4 minutes ago 2 Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish 8 hours ago 3 Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket 8 hours ago 4 Binance withdraws Greek MiCA bid but vows to remain in Europe 11 hours ago 5 Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital 12 hours ago 6 Crypto Long & Short: Infrastructure is the prevailing currency in digital assets 12 hours ago 7 SecondFi loses $2.4 million in Cardano wallet exploit 12 hours ago 8 Trump's refusal to sign housing bill could delay Congress and imperil Clarity Act 12 hours ago 9 Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition 13 hours ago 10 Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone 13 hours ago Latest Research CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. By CoinDesk Research Jun 15, 2026 In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. Why it matters : In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. View Full Report More From Markets Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone