XRP dropped 2.8% Tuesday and broke through a key price level. The $1.00 floor is now in view.
The bounce came back. It stalled exactly where the breakdown started. That's not a recovery.
CryptoVibe Desk · xrp · price-action · market
- →XRP fell 2.8% on Tuesday as a broad crypto selloff pushed the token through $1.0850 support on 117 million coins traded in a single hour.
- →The $1.0850 level that was holding XRP up has flipped to resistance, so any bounce is now meeting sellers at the exact point where the breakdown began.
- →Watch whether XRP holds the $1.05-$1.07 band in the next five trading sessions; a daily close below $1.05 puts the $1.00 psychological floor directly in play.
- support level → A price where buyers have historically stepped in to stop a decline; when that price breaks, sellers often appear there instead, turning it into a ceiling.
- resistance → A price level where sellers tend to show up, making it hard for a coin to climb back above it.
XRP fell 2.8% on Tuesday, per CoinDesk. The token traded between $1.1020 and $1.0708 through the session, with an intraday dip to around $1.0446.
The key move happened at 13:00 UTC on June 24. CoinDesk data shows 117.26 million XRP changed hands in a single hour.
The $1.0850 level broke. That level had been holding XRP up. Now it's the ceiling on any bounce.
This wasn't an XRP-specific event. The CD5 broad crypto index fell nearly 3% in the same session. Bitcoin and major tokens were under similar pressure. No Ripple announcement, no regulatory catalyst is cited.
XRP is still trading below the breakdown zone. The $1.05-$1.07 band is the current defense. If you're holding XRP, those are the numbers that matter this week.
A close below $1.05 brings $1.00 directly into play. The bounce came back but stalled below where the breakdown started. That's the only number that matters if sellers push again.
Ripple has no catalyst on the tape right now, and that absence is the problem. Any product or partnership news in their queue is worth less by the session while XRP drifts toward $1.00.
Watch for a daily close below $1.05 in the next five trading sessions; that close is the signal the $1.00 level moves from background risk to active test.
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