XRP faces instability amid the threat of a fresh sell-off.

crypthub

6/10/2026, 4:50:21 AM

Current Bearish Price Correction

XRP experienced a downside correction after failing to maintain support above the $1.1750 zone. The pair is currently trading below $1.150 and the 100-hourly Simple Moving Average. Technical analysis showed a break below a bullish trend line and a key support level at $1.1620. This downward movement suggests bearish market signs for the cryptocurrency.

Resistance and Support Zones

The price faces immediate resistance at the $1.1420 level, with a potential breakout toward $1.150. Failure to clear the $1.150 resistance zone could initiate another decline. Key support levels are identified near $1.1020 and $1.1072. Major downside support extends toward $1.080, with $1.050 being a significant lower boundary.

Technical Indicator Readings

Technical indicators confirm the current negative momentum. The hourly MACD is currently moving within the bearish zone. Furthermore, the Relative Strength Index (RSI) for XRP/USD has fallen below the 50 level. Major resistance points remain at $1.1500 and $1.1840.