June 12, 2026

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Bearish Momentum Builds as XRP Drops 4.5% and Loses Support

XRP slipped below the $1.13 level on heavy volume, leaving traders split on whether the move signals a final flush-out or the start of a deeper decline toward $1.00.

Despite repeated attempts by buyers to defend key support zones, XRP continues to lose ground, with the latest drop bringing price back toward the $1.10 area widely viewed by analysts as a critical threshold. Selling pressure picked up sharply once $1.13 was broken.

News background
Analysts have highlighted the $1.09 region as an important Fibonacci support level that XRP has been edging toward over time. Even with occasional relief rallies, the token remains below its 100-day and 200-day moving averages, reinforcing a broader bearish trend. Trading activity surged during the selloff before quickly easing, suggesting a repositioning event rather than sustained selling pressure.

Price action summary
XRP fell from $1.1505 to $1.1248, declining more than 4% during the session. The breakdown accelerated after $1.13 failed, with volume spiking to 109.9 million XRP—more than double the daily average. Price later tested $1.1240 before stabilizing as selling pressure faded into the close.

Technical picture
The key development is the loss of $1.13, which now acts as resistance on any recovery attempt. The move was confirmed by unusually strong volume, indicating liquidation and rapid repositioning rather than gradual weakness. Momentum indicators are also nearing oversold territory, with RSI readings approaching levels that have previously triggered short-term rebounds. Still, the broader trend remains bearish, with XRP trading inside a downward channel below major trend indicators.

Key levels to watch
The $1.10–$1.12 zone is now the main support area; a break below it would raise the risk of a move toward $1.00, with further downside potential toward $0.80–$0.90. On the upside, XRP must reclaim $1.13 to ease immediate pressure. Above that, resistance lies at $1.20, followed by a stronger ceiling at $1.35–$1.40 where prior rallies have repeatedly stalled. The structure is tightening, leaving XRP at a critical point where either support holds or the correction deepens.

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