XRP breaks $1.25 support to 15-week low despite bullish…

XRP slid more than 5% during the June 2 session, dropping from $1.2712 to a low of $1.1858 before stabilizing near $1.20 — a 15-week low that came despite a cluster of traditionally bullish on-chain signals. The decisive breakdown occurred at 14:00 UTC when volume surged to 205.7 million, punching through the $1.25 support level and flipping it into overhead resistance.

Why it matters

The disconnect between supply fundamentals and price action is the core story here. More than 25 million XRP left exchanges in recent days, Binance inflows fell to their lowest levels of 2026, and roughly $1.42 billion continued flowing into spot crypto ETFs during the period. In a healthy trend, that combination would be a tailwind. Instead, XRP lost another major support level — a pattern that typically signals technical selling is overwhelming longer-term accumulation, and that the market is in a late-stage downtrend where traders are anchoring to price action rather than fundamentals.

Market impact

With $1.25 now acting as resistance, the next critical zone is $1.20–$1.21. A sustained break below that level would expose the $1.13–$1.15 range as the next meaningful support. The short-term bounce from below $1.19 showed some signs of seller exhaustion, but follow-through buying remained weak. Until XRP can reclaim $1.25 or the supply-side signals translate into genuine bid support, the descending structure of lower highs keeps the trend bearish.