XRP Breaks Key Support as Low Volume Bounce Raises Downside Risk

Ripple’s XRP has slipped below a widely watched technical support level, reinforcing a bearish chart structure and reviving concerns that the pullback could extend further if buyers fail to reclaim key price zones.

As of 5:00 a.m. UTC on June 7, XRP was trading at $1.1206, according to CoinMarketCap data. While the token posted a 24-hour rebound of about 6.24%, it remains down 16.62% over the past seven days and 19.10% over the last 30 days—an underperformance that suggests sustained short- to mid-term selling pressure despite the latest bounce.

Market watchers described the move as a clear…  Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

UP NEXT

Related Tags

Loading RSS Feed

You May Like

Subscribe To Our Newsletter

Metus in ac vivamus dui id purus in risus. Nunc fringilla donec amet pulvinar vivamus suscipit. Augue porttitor eu sed proin tortor bibendum facilisis felis. Nunc egestas tellus nisl tempor aliquet malesuada ali eu sed proin tortor bibendum facilisis felis
Stay Updated by our Monthly / Weekly News Update. Zero Spamming. Terms & Condition Applied