XRP has entered a technically weak phase after losing the multi-month support zone around $1.30. The daily chart shows a prolonged downtrend with price trading below all major moving averages, while the 200-day MA remains far above current levels near $1.60.
Santiment's weighted sentiment model reveals that social interest around XRP fell to its lowest point in the last eight months. Daily transaction volume on the XRP Ledger network remains stable and surpassed the 1 million operations mark in June 2026. Records from the CoinCodex platform place the XRP price in the $1.
Large exchange outflows contrast with XRP's price weakness near critical support levels.
While XRP is going through a period of disillusionment, with a decline in investor enthusiasm, an indicator monitored by analysts has just reached a level rarely seen in recent months. According to some observers, this climate of pessimism could recall patterns already seen before several phases of recovery of the token associated with Ripple.
Remixpoint continues expanding its cryptocurrency treasury strategy, with XRP emerging as one of its most significant holdings alongside Bitcoin, Solana, and Dogecoin. The company expects its digital asset management business to remain a major revenue contributor through fiscal 2027, reflecting growing confidence in crypto-related operations.
Bitcoin is holding $63,000 as optimism around a peace deal in the middle East fuels positive social sentiment. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $63,674 Ethereum (CRYPTO: ETH) $1,664 Solana (CRYPTO: SOL) $67.30 XRP (CRYPTO: XRP) $1.13 Dogecoin (CRYPTO: DOGE) $0.08783 Shiba Inu (CRYPTO: SHIB) $0.054847 Notable Statistics: Coinglass data shows 108,898 traders were liquidated in the past 24 hours for $284.06 million.
Ripple (CRYPTO: XRP) CEO Brad Garlinghouse sharply criticized JPMorgan (NYSE:JPM) CEO Jamie Dimon's opposition to cryptocurrency legislation, accusing the banking executive of either intentionally misrepresenting or negligently misunderstanding the implications of the CLARITY Act. Dimon Trying To Protect Speaking on Fox Business on June 11, Garlinghouse pushed back against Dimon's recent criticism of the CLARITY Act, a bill designed to establish a regulatory framework for digital assets in the U.S. Dimon had argued that certain provisions could weaken oversight and allow crypto firms to offer reward programs that compete with traditional banking products.
Remixpoint, the Japanese energy consulting firm that has transformed itself into a major corporate cryptocurrency player, is doubling down on its cryptocurrency strategy.
XRP is trading at $1.11, down roughly 17% from its June opening, having set a new 2026 low on June 5 and shed $8 billion in market cap over three sessions. The correction happens as the asset posted its strongest ETF inflow month of the year, with $131.
On-chain metrics suggest large holders of XRP and Cardano (ADA) may be preparing for a major run despite a broader market downturn.
XRP whales withdrew 465 million tokens from Binance between June 3 and 11, equivalent to approximately $530 million. In the prior 30 days, large wallets had deposited 1.33 billion XRP into the exchange, generating sustained selling pressure. An average decline of 2.92% is projected over 7 days, with a target price of $1.
Ripple is intensifying its push to expand the XRP ecosystem as U.S. lawmakers move closer to shaping a comprehensive digital asset rulebook—an effort the company believes could materially reduce regulatory uncertainty for XRP and broaden its institutional reach. The renewed focus comes as XRP trades near a widely watched technical support zone, leaving markets sensitive to any signal that could shift sentiment.