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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
06/10/2026

XRP Sheds 4.5% as Support Breaks, Traders Eye $1.00

What happened: XRP fell 4.

XRP Sheds 4.5% as Support Breaks, Traders Eye $1.00

What happened: XRP fell 4.5% in 24 hours, dropping below the $1.13 support level on high volume (109.9 million XRP traded, more than double the daily average). The token now trades below key moving averages and within a descending channel, with technical indicators pointing toward oversold conditions. Year-to-date, XRP is down 38%—in line with broader sector declines.

Why it matters: The break of $1.13 opens the door to further downside, with analysts highlighting $1.00 as the next major support and risk of a slide to $0.80–$0.90. Despite recent record ETF inflows, price action remains decisively bearish, illustrating the disconnect between institutional interest and spot market sentiment. The move reflects sector-wide risk aversion rather than Ripple-specific news.

Source: CoinDesk