XRP drops to $1.32 as sellers overpower exchange outflows

Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP drops to $1.32 as sellers overpower exchange outflows XRP hit a 15-week low before stabilizing, with traders watching whether the latest washout turns into a base or another leg lower. By Shaurya Malwa Jun 1, 2026, 5:41 a.m. 2 min read Make preferred on What to know : XRP has fallen to a 15-week low near $1.32, with sellers repeatedly overpowering attempts at price recoveries despite signs of tokens leaving exchanges. More than 25 million XRP have moved off exchanges and spot XRP ETFs have drawn about $1.42 billion in cumulative inflows, but these accumulation signals have not yet shifted the downtrend. Traders are watching support around $1.31 and resistance near $1.34, with a break below $1.31 opening the way toward $1.28 and $1.20, and a reclaim of $1.34 potentially triggering a sharp move toward $1.37–$1.40. XRP slid to its weakest level in more than three months as heavy selling overpowered signs of exchange outflows, leaving the market stuck between two competing signals. Tokens moving off exchanges usually point to accumulation, but price action is saying sellers still have control whenever XRP tries to recover.