The XRP price is trading around $1.26, down roughly -3.5% in the last 24 hours and nursing a -6% loss over the past seven days, and the chart suggests the pressure is not quite done yet.
Whale cohorts have been quietly trimming since the weekend, leaving a critical technical level as the last real line in the sand. Whether buyers show up at that line will define June.
XRP has been carving lower highs inside a falling channel since mid-February. The token crept back toward the channel’s midline after a recent flush, but sitting near the midline is not the same as escaping it.
Meanwhile, on-chain data from the two largest whale cohorts tell a sobering story: the 100M–1B XRP holder group slashed its share from 11.54% to roughly 9.9%, while the 10M–100M XRP holder group eased from 17.61% to 17.36%. Both moving lower simultaneously point to broad distribution, not a single seller liquidating a position.
Can XRP Reclaim $1.30 Before Bears Regain Control?
TradingView shows the XRP price at around $1.26, down 3.4% over the past 24 hours, following a rough start to the new month. Volume has cooled noticeably from the spike levels seen during XRP’s recent multi-week surge, which reduces the chance of an explosive recovery without a fresh catalyst.
The 20-day exponential moving average near $1.22 and the psychologically loaded $1 support zone are the two levels technicians are watching most closely right now.
History is instructive here: when XRP lost its 20-day EMA in mid-May, it corrected approximately 11%. When it reclaimed that line in early May, it gained nearly 11%.
Many of you admire this beautiful $XRP fractal, which leaves the door open to a $0.90/$0.70 XRP before any major reversal, but continously debunk my take on the matter. Make it make sense 🤣 https://t.co/aCltceNV0W pic.twitter.com/WkU2auSrl2
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) June 2, 2026
Three scenarios from here:
- Bull case: Buyers defend $1.25 firmly, volume returns, and XRP pushes through $1.30–$1.40 resistance, the next meaningful band corresponding to last week’s local high. A confirmed break above that zone reopens the path toward $2
- Base case: XRP grinds sideways between $1.20 and $1.30, digesting the recent move, waiting on a regulatory or ETF catalyst to break the stalemate.
- Bear case: $1.20 cracks amid continued whale-selling pressure. Key support levels below that zone become the next conversation.
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Bitcoin Hyper Targets Early-Mover Upside as the XRP Price Tests Key Levels
XRP’s medium-term thesis is real: regulatory clarity, ETF optionality, and Ripple’s cross-border payments narrative are genuine tailwinds. The problem is that “genuine tailwinds” at a multi-billion-dollar market cap mean the easy gains are mostly already priced in. Where do you go when the upside is measured in percentages rather than multiples?
That question is exactly why Bitcoin Hyper ($HYPER) is pulling serious attention right now. It is positioning itself as the first Bitcoin Layer 2 with full Solana Virtual Machine (SVM) integration, meaning it aims to deliver sub-second smart contract execution built on top of Bitcoin’s security, not sacrificing one for the other.
The presale has already raised over $32.7M at a current price of $0.013681 per $HYPER, with staking rewards available to early participants.
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