XRP Drops 1.8% to $1.11 as $1.05-$1.10 Support Faces Fresh Test
Updated
Updated · CoinDesk · Jun 23
XRP Drops 1.8% to $1.11 as $1.05-$1.10 Support Faces Fresh Test
3 articles · Updated · CoinDesk · Jun 23
Summary
$1.1109 marked XRP's latest close after a 1.8% slide from $1.1313, leaving the token back at the bottom of its month-long range near $1.10.
65.4 million XRP changed hands during a June 22 reversal—about 84% above average—but the token still failed to sustain rebounds as network activity, futures positioning and retail sentiment softened.
$2.4 million in June 20 ETF inflows shows institutional demand is still holding up even as broader crypto markets weaken and XRP's chart remains cautious after losing weekly Ichimoku cloud support.
$1.05 is now the key line traders are watching: a break could shift focus to $1.00, while XRP needs to reclaim roughly $1.18 to $1.30 to challenge the broader bearish structure.