TLDR
- XRP has dropped to a multi-month low after sustained selling pressure pushed it below a key support zone.
- CryptoSavingExpert reported that XRP fell to $1.32 even as bullish signals such as ETF inflows remained strong.
- Data shows that $1.42 billion flowed into spot crypto ETFs while nearly 25 million XRP tokens moved off exchanges.
- XRP is trading near $1.29, and CoinCodex data shows the $1.30 level remains critical for short-term direction.
- Market observers highlight a $2.26 billion liquidation zone that could influence trader behavior in the coming sessions.
XRP has dropped to a multi-month low after sustained selling pressure pushed the token below a key support zone.
According to CryptoSavingExpert, XRP price recently fell to $1.32 as heavy sell orders outweighed several bullish signals that would usually support higher prices.
XRP Falls Despite Strong ETF Inflows
Data shared by CryptoSavingExpert shows that XRP’s decline came at a time when market conditions appeared supportive. The platform reported that spot crypto exchange-traded funds recorded $1.42 billion in inflows, highlighting continued institutional participation in digital assets.
At the same time, on-chain figures cited by CryptoSavingExpert show that nearly 25 million XRP tokens moved off exchanges. Such withdrawals often reduce available supply for immediate selling, which can support prices during stable conditions.
Despite these developments, CryptoSavingExpert noted that traders prioritized short-term caution. The platform attributed the price drop to profit-taking activity and ongoing uncertainty across crypto markets.
XRP dropped to a 15-week low near $1.32 as heavy selling cancelled out strong buying signals.
Even though $1.42B flowed into spot ETFs and 25M tokens left exchanges, the price fell.
Traders are now watching support at $1.30 and resistance at $1.34 to see if the price drops to… pic.twitter.com/seyyOO8dzm
— CryptoSavingExpert ® (@CryptoSavingExp) June 1, 2026
XRP is currently trading near $1.29, placing it slightly below the widely tracked $1.30 support level. This price area has become a focal point for traders assessing the next move.
CoinCodex data shows that if XRP remains below $1.30, the next downside level could emerge near $1.28. Market participants continue to watch this range closely as selling pressure persists.
Liquidation Risks Add Market Tension
Elsewhere, market observers tracking derivatives data highlight a potential liquidation zone worth $2.26 billion above current levels. These zones often influence short-term trading behavior as leveraged positions react to price movements.
While CryptoSavingExpert points to weak sentiment in the current market phase, the presence of large liquidation levels continues to keep traders cautious.
Separately, computer engineer CharuSan has presented a long-term outlook that differs from current price action. In commentary shared within the crypto community, CharuSan linked projections of XRP reaching $300 to potential integration within global banking systems.
Although this view remains speculative, CharuSan’s argument centers on institutional usage rather than retail-driven demand.
