XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors

Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors XRP hit fresh 15-week lows after losing a key support zone, with exchange outflows failing to offset persistent selling pressure. By Shaurya Malwa Jun 2, 2026, 6:41 a.m. 2 min read Make preferred on What to know : XRP broke below the closely watched $1.30 support on heavy volume, extending a downtrend marked by lower highs and lower lows. More than 25 million XRP have moved off exchanges, hinting at accumulation, but rallies are still being sold and have not produced sustained price strength. Traders are watching support around $1.26 and resistance near $1.27 to $1.30, with a break below current levels potentially opening a move toward $1.20. XRP finally lost the $1.30 area traders had been defending for weeks, and the breakdown came on the heaviest volume of the session. Tokens continue leaving exchanges, which normally points to accumulation, but the market is still treating rallies as selling opportunities, leaving price stuck in a clear downtrend.