XRP remains under bearish pressure as the broader cryptocurrency market struggles to regain momentum, but artificial intelligence analysis suggests the digital asset could stabilize and stage by June 10, 2026.
A prominent question within the XRP community regarding the depletion of Ripple's massive escrow accounts recently caught the attention of none other than Ripple veteran David Schwartz.
XRP is drawing capital, but buyers are still staying on the sidelines, with more than 25 million XRP leaving exchanges in recent days and ETF products continuing to see inflows.
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.
XRP has crashed to its weakest levels since 2024, currently fluctuating between $1.05 and $1.09 following a nearly 4% decline over 24 hours and a steep 18% weekly plunge, based on CoinGecko market data.
The number of daily active users on the XRP Ledger has surpassed 200,000 for the first time since March, marking a significant milestone. After several months of comparatively stable participation levels, the network recorded about 215,399 active users on June 5, according to new on-chain data, indicating a revival in activity throughout the ecosystem.
XRP price trades near $1.16 after a sharp weekly drop, while ETF inflows, RSI recovery, and $1.03 support shape the next move.
XRP Ledger utility is expanding beyond payments as David Schwartz points to tokenized stocks, funds, loans, and rising XRPL adoption.
XRP fell to its weakest levels in months, reaching a low of $1.05 early Saturday. This follows six straight days of drops shortly after reaching a high of $1.36 on May 30.
A crypto analyst known as Blacksea has revealed that the XRP price has formed a major bullish price pattern that appears to have gone largely unnoticed by the broader market. The expert noted that the last time this setup emerged, XRP rallied by triple-digit percentages and went on to set a new price high.
Analyst Ali Martinez, citing Santiment data, notes that about 60 million XRP have been moved or redistributed by whale wallets over the past week.