XRP slides 2.8% as weak bounce keeps $1 support in focus
CoinDesk 2026-06-25 04:32:00
Context: XRP, a cryptocurrency token, experienced a significant decline of 2.8% to around $1.07, putting its support level at $1 in focus. This drop occurred amidst a broader crypto market pullback, with sellers breaking through a key support level on heavy volume. The token's recovery failed to reclaim the zone that would ease downside pressure, leaving it near the lower end of its June trading range.
Key Facts
- XRP traded lower alongside a broader crypto market pullback, with CD5 dropping nearly 3% as bitcoin and major tokens came under pressure.
- The main breakdown occurred at 13:00 UTC, when volume surged to 117.26 million XRP and pushed the price through support at $1.0850, subsequently shifting this level from support to resistance.
- XRP fell from $1.1020 to $1.0708 during the 24-hour session, losing 2.8%, with traders now viewing $1.05 to $1.07 as the critical support band.
- 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.