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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.
Jun 3, 2026, 5:15 a.m. 2 min read
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.
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%.
