XRP Falls to $1.10 — Time to Buy?

XRP has come under significant pressure at the start of June, with the token falling to fresh yearly lows amid a broader cryptocurrency market selloff. The sharp decline has pushed XRP back toward levels last seen several months ago, raising questions about whether the current weakness could attract buyers or whether further downside remains possible.

XRP technical analysis

XRPUSD - 1 Day Time Frame

While short-term market movements are difficult to predict, several key support and resistance levels may provide insight into XRP's next move. XRP experienced heavy selling pressure in early June 2026, declining more than 15% on a weekly basis amid a broader cryptocurrency market correction. The move has extended its year-to-date losses to nearly 40%, making it one of the weaker-performing major digital assets in recent months.

The token is currently trading around $1.13, near a newly established support area around $1.10. This level was last visited in early February 2026 and now represents a key area of interest for market participants, as it also marks a 2026 low. Whether this zone can develop into a reliable support level remains uncertain, but its importance has increased following the recent selloff.

Despite the decline, XRP continues to hold above this support area for now. However, the broader structure remains under pressure as the asset trades below the $1.30 support/resistance zone, which now acts as the nearest significant resistance level. Reclaiming this area could prove challenging if bearish sentiment persists across the wider market.

Should selling pressure continue, XRP could remain range-bound between support and resistance or potentially revisit lower levels. As with other major cryptocurrencies, future price action will likely remain influenced by broader market sentiment, macroeconomic developments, and geopolitical events.

XRP price target

The first key level to watch on the upside is the $1.30 resistance zone. A sustained move above this area could indicate improving market sentiment and potentially transform the level back into support. If buyers manage to reclaim and hold above $1.30, attention could shift toward the next major resistance area near $1.50, a level last seen in mid-May 2026. Beyond that, the $1.60 region could emerge as another important upside target, having previously acted as resistance during March 2026.

On the downside, the $1.10 support zone remains the primary level to monitor. While the area has attracted buying interest so far, a decisive break below it could signal continued weakness and increase the likelihood of further downside exploration.

For now, XRP remains at a critical technical juncture. The market is testing a major support area while facing resistance overhead, meaning the coming sessions could play an important role in determining whether the token begins to stabilize or continues its broader corrective trend.

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