XRP's $1.13 Support Cracks Again — Buyers Keep Showing Up Just in Time to Lose More 🪨

XRP slid more than 4% in the 24-hour session through June 10, falling from $1.1505 to $1.1248 as heavy selling overwhelmed the token's long-defended $1.13 support level. The breakdown pushed trading volume to 109.9 million XRP, more than double the daily average, before the price stabilized near $1.1240. According to the price action summary, selling momentum had begun to fade into the close.

The loss of $1.13, a level several analysts had identified as a key line in the sand, has now flipped that zone into the first resistance on any recovery attempt. Traders cited by coverage of the move are watching whether buyers can defend the $1.10–$1.12 range; a decisive break below it would put the $1.00 mark, and potentially the $0.80–$0.90 region, back in play. Reclaiming $1.13 is seen as the immediate hurdle for bulls, with $1.20 and the larger $1.35–$1.40 resistance zone flagged as the next areas of attention.

The broader trend remains bearish. XRP continues to trade inside a descending channel and below both its 100-day and 200-day moving averages, despite periodic relief rallies that have repeatedly emerged near major Fibonacci support. Analysts had pointed to the $1.09 area as a significant Fibonacci level that the token had been approaching for months, even as each bounce failed to alter the downward structure.

Volume on the latest leg down was described in market commentary as among the strongest seen in months, suggesting active liquidation and repositioning rather than a steady accumulation of bearish conviction. Daily RSI readings have now fallen close to levels that historically preceded short-term relief rallies, though the same indicators remain consistent with the prevailing downtrend.

XRP's pattern of finding buyers near major support only to lose that support on subsequent tests has been a defining feature of the move, and the latest session reinforced that dynamic. Whether $1.10–$1.12 holds this time, or gives way to a deeper flush, will likely set the tone for the token's next directional attempt.