XRP steadies above $1.10 to bounce from four-month lows

MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailXRP steadies above $1.10 to bounce from four-month lowsXRP recovered from four-month lows on elevated volume, but the token remains trapped below key resistance levels even as ETF inflows and exchange outflows continue to build.By Shaurya MalwaUpdated Jun 8, 2026, 6:09 a.m. Published Jun 8, 2026, 6:06 a.m. 2 min readMake preferred on What to know: XRP has stabilized after a sharp sell-off, with buyers defending the $1.09 area but the token still trading within a broader downtrend.Heavy exchange outflows and steady ETF inflows suggest accumulation beneath the surface even as price action looks more like bottom-fishing than a new rally.Traders are watching support around $1.13 to $1.14 and resistance near $1.15 to $1.20 as key levels that could signal either further downside toward $1.00 or the start of a repair in sentiment.XRP finally found buyers after one of its sharpest selloffs of the year, but the recovery looks more like stabilization than a trend change. The token bounced from levels last seen before the November 2024 breakout, yet every rally is still running into sellers, leaving XRP stuck between deeply oversold conditions and a market that hasn't stopped de-risking.News Background• More than 25 million XRP left exchanges in recent days, extending a trend that typically points to accumulation rather than immediate selling.• XRP-linked ETF products continued attracting capital, with roughly $118 million in inflows recorded during May and cumulative inflows approaching $1.4 billion.• Analysts and forecasting models increasingly view the $1.10-$1.20 area as a potential stabilization zone after XRP's recent 17% weekly decline.Price Action Summary• XRP gained 1.6% over the session, recovering from lows near $1.09 and climbing back toward $1.14.• The strongest move came during the 22:00 UTC session, when volume surged to 145.3 million XRP and pushed price through resistance near $1.1…

XRP steadies above $1.10 to bounce from four-month lows

Coins in this story

Related stories

Bitcoin pump to $63,700 triggers the most short liquidations since late April

A quick review of the Ways and Means tax bills: State of Crypto

Michael Saylor revives bitcoin-buy speculation as scrutiny over Strategy grows